Brandywine Realty Trust (NYSE:BDN) Hits New 52-Week Low – Time to Sell?

Brandywine Realty Trust (NYSE:BDNGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $2.82 and last traded at $2.8650, with a volume of 3121799 shares. The stock had previously closed at $2.91.

Analyst Upgrades and Downgrades

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

View Our Latest Report on Brandywine Realty Trust

Brandywine Realty Trust Price Performance

The company has a debt-to-equity ratio of 2.68, a current ratio of 2.14 and a quick ratio of 2.14. The business’s 50 day moving average is $3.08 and its two-hundred day moving average is $3.67. The firm has a market capitalization of $497.65 million, a PE ratio of -2.68 and a beta of 1.30.

Brandywine Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 22nd. Stockholders of record on Wednesday, January 7th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date was Wednesday, January 7th. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -29.91%.

Insider Transactions at Brandywine Realty Trust

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney purchased 88,500 shares of the firm’s stock in a transaction dated Monday, November 10th. The stock was purchased at an average price of $3.38 per share, for a total transaction of $299,130.00. Following the completion of the purchase, the chief executive officer directly owned 3,042,210 shares of the company’s stock, valued at $10,282,669.80. This trade represents a 3.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director James C. Diggs sold 23,190 shares of the stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $3.47, for a total transaction of $80,469.30. Following the completion of the transaction, the director owned 128,672 shares in the company, valued at $446,491.84. The trade was a 15.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Brandywine Realty Trust

Large investors have recently added to or reduced their stakes in the company. Kawa Capital Management Inc lifted its holdings in shares of Brandywine Realty Trust by 12.1% in the 3rd quarter. Kawa Capital Management Inc now owns 3,923,145 shares of the real estate investment trust’s stock valued at $16,360,000 after acquiring an additional 423,145 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in shares of Brandywine Realty Trust by 72.7% during the third quarter. Wolverine Asset Management LLC now owns 1,837,528 shares of the real estate investment trust’s stock valued at $7,662,000 after purchasing an additional 773,270 shares in the last quarter. Ethic Inc. raised its stake in Brandywine Realty Trust by 10.6% in the second quarter. Ethic Inc. now owns 51,245 shares of the real estate investment trust’s stock worth $218,000 after buying an additional 4,915 shares in the last quarter. Nordea Investment Management AB raised its stake in Brandywine Realty Trust by 18.6% in the third quarter. Nordea Investment Management AB now owns 1,716,155 shares of the real estate investment trust’s stock worth $7,113,000 after buying an additional 269,041 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its holdings in Brandywine Realty Trust by 1.4% during the second quarter. Public Employees Retirement System of Ohio now owns 256,527 shares of the real estate investment trust’s stock worth $1,101,000 after buying an additional 3,490 shares during the period. Hedge funds and other institutional investors own 87.27% of the company’s stock.

About Brandywine Realty Trust

(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.

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