BidaskClub cut shares of Brandywine Realty Trust (NYSE:BDN) from a hold rating to a sell rating in a report published on Friday.

BDN has been the topic of several other research reports. Stephens upgraded shares of Brandywine Realty Trust to an underweight rating in a report on Monday, May 15th. Mizuho upgraded shares of Brandywine Realty Trust from a neutral rating to a buy rating and upped their price objective for the company from $16.00 to $19.00 in a report on Monday, July 10th. Zacks Investment Research lowered shares of Brandywine Realty Trust from a hold rating to a sell rating in a report on Tuesday, July 25th. Finally, Stifel Nicolaus upgraded shares of Brandywine Realty Trust from a hold rating to a buy rating and upped their price objective for the company from $17.00 to $19.00 in a report on Thursday, April 20th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. Brandywine Realty Trust presently has an average rating of Hold and an average target price of $17.58.

Brandywine Realty Trust (BDN) opened at 16.81 on Friday. Brandywine Realty Trust has a 1-year low of $14.04 and a 1-year high of $17.83. The stock has a 50 day moving average price of $17.24 and a 200-day moving average price of $16.79. The firm has a market cap of $2.93 billion, a P/E ratio of 191.02 and a beta of 1.06.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Thursday, July 20th. The real estate investment trust reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.31. The company had revenue of $127.79 million for the quarter, compared to analyst estimates of $134.07 million. Brandywine Realty Trust had a net margin of 4.67% and a return on equity of 1.48%. Brandywine Realty Trust’s revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.32 earnings per share. Equities research analysts forecast that Brandywine Realty Trust will post $0.24 EPS for the current year.

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The firm also recently announced a quarterly dividend, which was paid on Friday, July 21st. Stockholders of record on Friday, July 7th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend was Wednesday, July 5th. Brandywine Realty Trust’s payout ratio is presently 800.10%.

In other news, EVP H Jeffrey Devuono sold 9,027 shares of the business’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $17.01, for a total transaction of $153,549.27. Following the completion of the sale, the executive vice president now directly owns 147,560 shares of the company’s stock, valued at $2,509,995.60. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.76% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Metropolitan Life Insurance Co. NY increased its stake in Brandywine Realty Trust by 1.8% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 14,527 shares of the real estate investment trust’s stock valued at $240,000 after buying an additional 256 shares during the last quarter. Telos Capital Management Inc. increased its stake in Brandywine Realty Trust by 0.8% in the first quarter. Telos Capital Management Inc. now owns 37,828 shares of the real estate investment trust’s stock valued at $614,000 after buying an additional 300 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Brandywine Realty Trust by 0.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 85,290 shares of the real estate investment trust’s stock valued at $1,384,000 after buying an additional 520 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Brandywine Realty Trust by 1.9% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 27,939 shares of the real estate investment trust’s stock valued at $453,000 after buying an additional 522 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Brandywine Realty Trust by 3.5% in the first quarter. Envestnet Asset Management Inc. now owns 17,446 shares of the real estate investment trust’s stock valued at $283,000 after buying an additional 594 shares during the last quarter.

Brandywine Realty Trust Company 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.

Analyst Recommendations for Brandywine Realty Trust (NYSE:BDN)

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