Brandywine Realty Trust $BDN Shares Sold by Pensionfund DSM Netherlands

Pensionfund DSM Netherlands reduced its stake in Brandywine Realty Trust (NYSE:BDN) by 7.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 131,400 shares of the real estate investment trust’s stock after selling 10,000 shares during the period. Pensionfund DSM Netherlands’ holdings in Brandywine Realty Trust were worth $586,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Invesco Ltd. boosted its stake in Brandywine Realty Trust by 24.1% in the first quarter. Invesco Ltd. now owns 3,488,677 shares of the real estate investment trust’s stock valued at $15,559,000 after acquiring an additional 676,477 shares during the period. Kawa Capital Management Inc boosted its stake in Brandywine Realty Trust by 14.2% in the first quarter. Kawa Capital Management Inc now owns 3,000,000 shares of the real estate investment trust’s stock valued at $13,470,000 after acquiring an additional 372,649 shares during the period. Penn Capital Management Company LLC boosted its stake in Brandywine Realty Trust by 12.6% in the first quarter. Penn Capital Management Company LLC now owns 2,675,294 shares of the real estate investment trust’s stock valued at $11,954,000 after acquiring an additional 300,351 shares during the period. Millennium Management LLC boosted its stake in Brandywine Realty Trust by 91.2% in the fourth quarter. Millennium Management LLC now owns 2,644,898 shares of the real estate investment trust’s stock valued at $14,811,000 after acquiring an additional 1,261,752 shares during the period. Finally, Northern Trust Corp boosted its stake in Brandywine Realty Trust by 19.7% in the fourth quarter. Northern Trust Corp now owns 2,501,798 shares of the real estate investment trust’s stock valued at $14,010,000 after acquiring an additional 411,003 shares during the period. 87.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Brandywine Realty Trust presently has a consensus rating of “Hold” and an average target price of $5.00.

Brandywine Realty Trust Stock Performance

BDN opened at $4.54 on Friday. The business’s 50 day moving average is $4.16 and its 200-day moving average is $4.23. The stock has a market cap of $788.59 million, a PE ratio of -2.41 and a beta of 1.46. The company has a current ratio of 2.97, a quick ratio of 2.97 and a debt-to-equity ratio of 2.61. Brandywine Realty Trust has a twelve month low of $3.41 and a twelve month high of $6.54.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). The business had revenue of $114.20 million for the quarter, compared to the consensus estimate of $120.66 million. Brandywine Realty Trust had a negative net margin of 65.33% and a negative return on equity of 32.12%. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. On average, analysts predict that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Company Profile

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.