Lincluden Management Ltd. reduced its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 11.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 134,045 shares of the real estate investment trust’s stock after selling 17,940 shares during the period. Lincluden Management Ltd. owned about 0.08% of Brandywine Realty Trust worth $2,344,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Fort Washington Investment Advisors Inc. OH boosted its position in shares of Brandywine Realty Trust by 0.5% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 57,300 shares of the real estate investment trust’s stock valued at $1,004,000 after acquiring an additional 300 shares in the last quarter. Forward Management LLC boosted its position in shares of Brandywine Realty Trust by 5.1% during the 2nd quarter. Forward Management LLC now owns 10,608 shares of the real estate investment trust’s stock valued at $186,000 after acquiring an additional 513 shares in the last quarter. GAM Holding AG boosted its position in shares of Brandywine Realty Trust by 4.0% during the 2nd quarter. GAM Holding AG now owns 15,128 shares of the real estate investment trust’s stock valued at $265,000 after acquiring an additional 578 shares in the last quarter. Farr Miller & Washington LLC DC boosted its position in shares of Brandywine Realty Trust by 0.7% during the 2nd quarter. Farr Miller & Washington LLC DC now owns 94,666 shares of the real estate investment trust’s stock valued at $1,659,000 after acquiring an additional 675 shares in the last quarter. Finally, Amalgamated Bank boosted its position in shares of Brandywine Realty Trust by 3.2% during the 1st quarter. Amalgamated Bank now owns 24,719 shares of the real estate investment trust’s stock valued at $401,000 after acquiring an additional 776 shares in the last quarter. Institutional investors and hedge funds own 99.59% of the company’s stock.

In related news, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the company’s stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $17.41, for a total transaction of $87,050.00. Following the completion of the sale, the director now directly owns 60,237 shares of the company’s stock, valued at approximately $1,048,726.17. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP William D. Redd sold 112,083 shares of the company’s stock in a transaction on Friday, August 11th. The stock was sold at an average price of $16.56, for a total transaction of $1,856,094.48. Following the sale, the executive vice president now directly owns 83,505 shares of the company’s stock, valued at $1,382,842.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 118,907 shares of company stock valued at $1,973,824. 1.76% of the stock is owned by corporate insiders.

Shares of Brandywine Realty Trust (NYSE BDN) traded down $0.05 during mid-day trading on Tuesday, reaching $17.54. 406,926 shares of the company traded hands, compared to its average volume of 1,490,000. The company has a market cap of $3,080.00, a P/E ratio of 12.87, a P/E/G ratio of 2.64 and a beta of 1.04. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 1.08. Brandywine Realty Trust has a 12-month low of $14.04 and a 12-month high of $18.18.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Wednesday, October 18th. The real estate investment trust reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.24). Brandywine Realty Trust had a return on equity of 2.12% and a net margin of 6.81%. The business had revenue of $128.43 million for the quarter, compared to analysts’ expectations of $131.16 million. During the same period last year, the company posted $0.33 earnings per share. The firm’s revenue for the quarter was down 1.0% on a year-over-year basis. equities research analysts predict that Brandywine Realty Trust will post 1.32 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 18th. Investors of record on Wednesday, October 4th were given a dividend of $0.16 per share. The ex-dividend date was Tuesday, October 3rd. This represents a $0.64 dividend on an annualized basis and a yield of 3.65%. Brandywine Realty Trust’s dividend payout ratio (DPR) is 400.00%.

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Several brokerages have recently weighed in on BDN. Zacks Investment Research upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, October 12th. SunTrust Banks, Inc. reiterated a “buy” rating and set a $18.00 target price on shares of Brandywine Realty Trust in a research report on Friday, October 20th. KeyCorp reiterated a “hold” rating on shares of Brandywine Realty Trust in a research report on Sunday, September 24th. ValuEngine upgraded shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, BidaskClub upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $17.58.

About Brandywine Realty Trust

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.

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Institutional Ownership by Quarter for Brandywine Realty Trust (NYSE:BDN)

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