Brandywine Realty Trust (NYSE:BDN) Downgraded to “Sell” Rating by Wall Street Zen

Wall Street Zen downgraded shares of Brandywine Realty Trust (NYSE:BDNFree Report) from a hold rating to a sell rating in a report published on Saturday.

A number of other equities analysts also recently commented on BDN. Weiss Ratings reissued a “sell (d-)” rating on shares of Brandywine Realty Trust in a research report on Wednesday, January 21st. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Brandywine Realty Trust in a research note on Monday, November 24th. Evercore dropped their price objective on shares of Brandywine Realty Trust from $5.00 to $4.00 and set an “in-line” rating on the stock in a research report on Friday, November 14th. KeyCorp lowered shares of Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a report on Thursday, December 4th. Finally, Citigroup reiterated a “sell” rating on shares of Brandywine Realty Trust in a research note on Tuesday, January 27th. Three equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $4.00.

View Our Latest Report on BDN

Brandywine Realty Trust Stock Performance

NYSE:BDN opened at $3.27 on Friday. Brandywine Realty Trust has a 52 week low of $2.74 and a 52 week high of $5.09. The company has a fifty day simple moving average of $3.01 and a two-hundred day simple moving average of $3.60. The company has a quick ratio of 2.14, a current ratio of 1.86 and a debt-to-equity ratio of 3.20. The company has a market cap of $568.00 million, a price-to-earnings ratio of -3.17 and a beta of 1.29.

Brandywine Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 22nd. Shareholders of record on Wednesday, January 7th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Wednesday, January 7th. This represents a $0.32 annualized dividend and a yield of 9.8%. Brandywine Realty Trust’s dividend payout ratio is currently -31.07%.

Insider Buying and Selling at Brandywine Realty Trust

In other news, CEO Gerard H. Sweeney acquired 88,500 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were purchased at an average cost of $3.38 per share, for a total transaction of $299,130.00. Following the transaction, the chief executive officer directly owned 3,042,210 shares in the company, valued at approximately $10,282,669.80. This represents a 3.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 3.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Creative Planning boosted its holdings in Brandywine Realty Trust by 23.9% in the second 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 last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Brandywine Realty Trust by 4.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 62,773 shares of the real estate investment trust’s stock valued at $269,000 after buying an additional 2,781 shares during the period. CWM LLC boosted its stake in shares of Brandywine Realty Trust by 11.1% in the third quarter. CWM LLC now owns 28,721 shares of the real estate investment trust’s stock valued at $120,000 after purchasing an additional 2,873 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in Brandywine Realty Trust by 12.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 26,897 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 3,029 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Brandywine Realty Trust by 3.2% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 99,210 shares of the real estate investment trust’s stock valued at $426,000 after purchasing an additional 3,083 shares during the last quarter. 87.27% of the stock is owned by hedge funds and other institutional investors.

Brandywine Realty Trust Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Brandywine Realty Trust (NYSE:BDN)

Receive News & Ratings for Brandywine Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brandywine Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.