Brandywine Realty Trust (NYSE:BDN) Given Consensus Rating of “Reduce” by Analysts

Shares of Brandywine Realty Trust (NYSE:BDN) have been given a consensus recommendation of “Reduce” by the six ratings firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $3.50.

BDN has been the topic of several analyst reports. Wall Street Zen upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Truist Financial reissued a “hold” rating and set a $3.00 price target (down from $3.50) on shares of Brandywine Realty Trust in a research report on Monday, April 27th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Amundi boosted its position in shares of Brandywine Realty Trust by 2.2% during the first quarter. Amundi now owns 176,372 shares of the real estate investment trust’s stock valued at $787,000 after buying an additional 3,794 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Brandywine Realty Trust by 11.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,274,556 shares of the real estate investment trust’s stock worth $5,685,000 after buying an additional 130,811 shares during the last quarter. Strs Ohio bought a new position in Brandywine Realty Trust during the 1st quarter valued at about $136,000. Creative Planning lifted its stake in Brandywine Realty Trust by 23.9% during the 2nd quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 2,749 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Brandywine Realty Trust by 95.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 829,246 shares of the real estate investment trust’s stock valued at $3,557,000 after acquiring an additional 405,447 shares during the period. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Price Performance

BDN opened at $3.19 on Friday. The firm has a market cap of $555.00 million, a PE ratio of -2.78 and a beta of 1.29. The stock has a 50-day moving average price of $3.12 and a 200-day moving average price of $3.01. Brandywine Realty Trust has a 1 year low of $2.47 and a 1 year high of $4.63. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.93 and a quick ratio of 1.93.

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

Brandywine Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 10.0%. The ex-dividend date is Wednesday, July 8th. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -27.83%.

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.