Brandywine Realty Trust (NYSE:BDN) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Brandywine Realty Trust (NYSE:BDN) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.01 and traded as high as $3.22. Brandywine Realty Trust shares last traded at $3.1850, with a volume of 2,015,393 shares.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Wall Street Zen raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Truist Financial reissued a “hold” rating and issued a $3.00 price target (down from $3.50) on shares of Brandywine Realty Trust in a research note on Monday, April 27th. Three analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Brandywine Realty Trust currently has a consensus rating of “Reduce” and a consensus target price of $3.50.

Brandywine Realty Trust Stock Performance

The company has a market cap of $553.27 million, a P/E ratio of -2.77 and a beta of 1.30. The company has a 50 day moving average price of $2.91 and a 200-day moving average price of $3.01. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 3.55.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.10). Brandywine Realty Trust had a negative return on equity of 24.45% and a negative net margin of 40.79%.The business had revenue of $127.00 million during the quarter, compared to the consensus estimate of $110.27 million. Equities analysts expect that Brandywine Realty Trust will post 0.56 EPS for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date of this dividend is Wednesday, July 8th. Brandywine Realty Trust’s payout ratio is currently -27.83%.

Institutional Trading of Brandywine Realty Trust

Hedge funds and other institutional investors have recently modified their holdings of the company. Essential Partners LLC raised its stake in shares of Brandywine Realty Trust by 497.2% in the 1st quarter. Essential Partners LLC now owns 10,301 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 8,576 shares in the last quarter. HB Wealth Management LLC bought a new stake in shares of Brandywine Realty Trust in the 1st quarter worth $33,000. Cibc World Markets Corp bought a new stake in shares of Brandywine Realty Trust in the 4th quarter worth $33,000. Advisory Services Network LLC bought a new stake in shares of Brandywine Realty Trust in the 3rd quarter worth $34,000. Finally, Kovack Advisors Inc. bought a new stake in shares of Brandywine Realty Trust in the 4th quarter worth $40,000. Institutional investors own 87.27% of the company’s stock.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high‐quality, transit‐oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live‐work‐play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.