Peregrine Capital Management LLC trimmed its position in shares of Brandywine Realty Trust (NYSE:BDN) by 7.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 552,685 shares of the real estate investment trust’s stock after selling 42,815 shares during the period. Peregrine Capital Management LLC’s holdings in Brandywine Realty Trust were worth $10,053,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Thrivent Financial For Lutherans raised its holdings in shares of Brandywine Realty Trust by 1.5% during the second quarter. Thrivent Financial For Lutherans now owns 69,904 shares of the real estate investment trust’s stock worth $1,225,000 after acquiring an additional 1,000 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Brandywine Realty Trust by 31.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 12,500 shares of the real estate investment trust’s stock worth $227,000 after acquiring an additional 3,000 shares in the last quarter. River Wealth Advisors LLC raised its holdings in shares of Brandywine Realty Trust by 4.9% during the third quarter. River Wealth Advisors LLC now owns 104,427 shares of the real estate investment trust’s stock worth $1,826,000 after acquiring an additional 4,880 shares in the last quarter. Fox Run Management L.L.C. raised its holdings in shares of Brandywine Realty Trust by 47.8% during the fourth quarter. Fox Run Management L.L.C. now owns 19,950 shares of the real estate investment trust’s stock worth $363,000 after acquiring an additional 6,450 shares in the last quarter. Finally, Amalgamated Bank raised its holdings in shares of Brandywine Realty Trust by 26.8% during the second quarter. Amalgamated Bank now owns 31,347 shares of the real estate investment trust’s stock worth $550,000 after acquiring an additional 6,628 shares in the last quarter. Institutional investors and hedge funds own 98.54% of the company’s stock.

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney sold 9,241 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $18.51, for a total transaction of $171,050.91. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.76% of the stock is owned by company insiders.

Brandywine Realty Trust (NYSE BDN) opened at $17.88 on Friday. Brandywine Realty Trust has a 1-year low of $15.63 and a 1-year high of $18.69. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $3,141.05, a PE ratio of 13.46, a price-to-earnings-growth ratio of 2.99 and a beta of 1.02.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Thursday, January 25th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.03). Brandywine Realty Trust had a net margin of 23.20% and a return on equity of 7.12%. The company had revenue of $133.30 million for the quarter, compared to the consensus estimate of $128.42 million. During the same quarter last year, the business earned $0.35 earnings per share. Brandywine Realty Trust’s quarterly revenue was up .9% on a year-over-year basis. equities research analysts anticipate that Brandywine Realty Trust will post 1.4 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th were issued a dividend of $0.18 per share. This is a positive change from Brandywine Realty Trust’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a yield of 4.03%. The ex-dividend date of this dividend was Monday, January 8th. Brandywine Realty Trust’s dividend payout ratio (DPR) is 110.77%.

BDN has been the subject of several recent research reports. SunTrust Banks reiterated a “buy” rating and set a $18.00 price objective on shares of Brandywine Realty Trust in a report on Friday, October 20th. Zacks Investment Research upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, October 12th. Evercore ISI upgraded Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a report on Monday, December 4th. Finally, KeyCorp upgraded Brandywine Realty Trust from a “sector weight” rating to an “overweight” rating and set a $21.00 target price on the stock in a report on Tuesday, December 19th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $19.25.

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Brandywine Realty Trust Company Profile

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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