Bank of New York Mellon Corp boosted its holdings in Brandywine Realty Trust (NYSE:BDN) by 3.2% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,236,970 shares of the real estate investment trust’s stock after acquiring an additional 37,875 shares during the quarter. Bank of New York Mellon Corp owned 0.70% of Brandywine Realty Trust worth $21,635,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. BlackRock Inc. increased its stake in Brandywine Realty Trust by 2.4% in the 2nd quarter. BlackRock Inc. now owns 12,174,726 shares of the real estate investment trust’s stock worth $213,422,000 after acquiring an additional 287,894 shares during the last quarter. Franklin Resources Inc. increased its stake in Brandywine Realty Trust by 3.4% in the 2nd quarter. Franklin Resources Inc. now owns 5,346,730 shares of the real estate investment trust’s stock worth $93,728,000 after acquiring an additional 175,935 shares during the last quarter. Macquarie Group Ltd. increased its stake in Brandywine Realty Trust by 1.6% in the 2nd quarter. Macquarie Group Ltd. now owns 4,929,189 shares of the real estate investment trust’s stock worth $86,409,000 after acquiring an additional 79,332 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in Brandywine Realty Trust by 6.6% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 3,887,600 shares of the real estate investment trust’s stock worth $67,994,000 after acquiring an additional 240,925 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Brandywine Realty Trust by 3.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,679,465 shares of the real estate investment trust’s stock worth $46,970,000 after acquiring an additional 93,252 shares during the last quarter. Institutional investors and hedge funds own 98.79% of the company’s stock.

Brandywine Realty Trust (NYSE:BDN) opened at $18.43 on Friday. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $3,179.65, a PE ratio of 13.32, a PEG ratio of 3.22 and a beta of 1.02. Brandywine Realty Trust has a 1 year low of $15.56 and a 1 year high of $18.45.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings data on Wednesday, October 18th. The real estate investment trust reported $0.11 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.24). The firm had revenue of $128.43 million for the quarter, compared to the consensus estimate of $131.16 million. Brandywine Realty Trust had a net margin of 6.81% and a return on equity of 2.12%. Brandywine Realty Trust’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.33 earnings per share. sell-side analysts anticipate that Brandywine Realty Trust will post 1.32 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 23rd. Stockholders of record on Tuesday, January 9th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, January 8th. This is a positive change from Brandywine Realty Trust’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a dividend yield of 3.91%. Brandywine Realty Trust’s dividend payout ratio is 400.03%.

A number of equities analysts have weighed in on the company. Zacks Investment Research upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Monday, December 11th. KeyCorp restated a “hold” rating on shares of Brandywine Realty Trust in a research note on Sunday, September 24th. SunTrust Banks restated a “buy” rating and issued a $18.00 target price on shares of Brandywine Realty Trust in a research note on Friday, October 20th. Evercore ISI upgraded Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a research note on Monday, December 4th. Finally, ValuEngine upgraded Brandywine Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. Brandywine Realty Trust presently has an average rating of “Hold” and a consensus target price of $17.58.

In other news, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $17.41, for a total transaction of $87,050.00. Following the transaction, the director now directly owns 60,237 shares in the company, valued at approximately $1,048,726.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.76% of the stock is currently owned by corporate insiders.

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Brandywine Realty Trust Profile

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC, Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs.

Institutional Ownership by Quarter for Brandywine Realty Trust (NYSE:BDN)

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