Brandywine Realty Trust (NYSE:BDN) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Brandywine Realty Trust (NYSE:BDN)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.00 and traded as high as $3.26. Brandywine Realty Trust shares last traded at $3.2050, with a volume of 1,084,928 shares trading hands.

Wall Street Analyst Weigh In

BDN has been the subject of several analyst reports. Wall Street Zen raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Truist Financial reaffirmed a “hold” rating and issued a $3.00 price objective (down from $3.50) on shares of Brandywine Realty Trust in a research note on Monday, April 27th. Three investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Brandywine Realty Trust presently has an average rating of “Reduce” and an average price target of $3.50.

Brandywine Realty Trust Price Performance

The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 3.55. The stock has a market capitalization of $534.16 million, a P/E ratio of -2.67 and a beta of 1.30. The stock has a 50 day moving average of $3.00 and a 200-day moving average of $3.00.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.10). Brandywine Realty Trust had a negative return on equity of 24.45% and a negative net margin of 40.79%.The business had revenue of $127.00 million for the quarter, compared to the consensus estimate of $110.27 million. On average, equities research analysts anticipate that Brandywine Realty Trust will post 0.56 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 10.4%. The ex-dividend date of this dividend is Wednesday, July 8th. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -27.83%.

Institutional Investors Weigh In On Brandywine Realty Trust

A number of institutional investors and hedge funds have recently modified their holdings of the business. Essential Partners LLC lifted its stake in shares of Brandywine Realty Trust by 497.2% during the 1st quarter. Essential Partners LLC now owns 10,301 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 8,576 shares during the last quarter. Amundi lifted its stake in shares of Brandywine Realty Trust by 208.3% during the 1st quarter. Amundi now owns 127,534 shares of the real estate investment trust’s stock worth $346,000 after acquiring an additional 86,170 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Brandywine Realty Trust by 48.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 18,327 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 5,994 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Brandywine Realty Trust during the 1st quarter valued at $213,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Brandywine Realty Trust during the 1st quarter valued at $1,861,000. 87.27% of the stock is owned by institutional investors.

Brandywine Realty Trust Company Profile

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.