Brandywine Realty Trust (NYSE:BDN) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Brandywine Realty Trust (NYSE:BDN) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.04 and traded as high as $3.23. Brandywine Realty Trust shares last traded at $3.1050, with a volume of 1,235,199 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Wall Street Zen raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Sunday, July 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Brandywine Realty Trust in a research note on Wednesday, July 15th. Three equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Brandywine Realty Trust presently has an average rating of “Reduce” and a consensus price target of $3.50.

Brandywine Realty Trust Stock Performance

The stock has a 50 day moving average of $3.13 and a two-hundred day moving average of $3.04. The stock has a market capitalization of $535.96 million, a PE ratio of -3.74 and a beta of 1.29. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.67 and a quick ratio of 1.67.

Brandywine Realty Trust (NYSE:BDN) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported ($0.18) EPS for the quarter, hitting the consensus estimate of ($0.18). The company had revenue of $128.92 million for the quarter, compared to analyst estimates of $113.04 million. Brandywine Realty Trust had a negative net margin of 28.62% and a negative return on equity of 18.52%. During the same period in the previous year, the firm earned ($0.51) EPS. Research analysts expect that Brandywine Realty Trust will post 0.55 EPS for the current fiscal year.

Institutional Trading of Brandywine Realty Trust

Several large investors have recently bought and sold shares of the company. Invesco Ltd. raised its stake in shares of Brandywine Realty Trust by 20.8% during the 3rd quarter. Invesco Ltd. now owns 5,492,657 shares of the real estate investment trust’s stock worth $22,904,000 after buying an additional 944,926 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Brandywine Realty Trust by 12.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,488,275 shares of the real estate investment trust’s stock worth $16,026,000 after purchasing an additional 617,008 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Brandywine Realty Trust by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 4,635,453 shares of the real estate investment trust’s stock valued at $13,537,000 after acquiring an additional 92,436 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Brandywine Realty Trust by 171.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,925,736 shares of the real estate investment trust’s stock valued at $8,543,000 after buying an additional 1,849,532 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Brandywine Realty Trust by 7.5% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,804,116 shares of the real estate investment trust’s stock valued at $11,693,000 after buying an additional 195,429 shares during the period. Institutional investors and hedge funds own 87.27% of the company’s stock.

Brandywine Realty Trust Company Profile

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.