Teachers Insurance & Annuity Association of America decreased its holdings in Brandywine Realty Trust (NYSE:BDN) by 4.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 172,155 shares of the real estate investment trust’s stock after selling 7,773 shares during the period. Teachers Insurance & Annuity Association of America owned approximately 0.10% of Brandywine Realty Trust worth $3,018,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Fort Washington Investment Advisors Inc. OH raised its holdings in Brandywine Realty Trust by 0.5% in the second 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 buying an additional 300 shares during the period. Forward Management LLC raised its holdings in Brandywine Realty Trust by 5.1% in the second quarter. Forward Management LLC now owns 10,608 shares of the real estate investment trust’s stock valued at $186,000 after buying an additional 513 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Brandywine Realty Trust by 0.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 85,290 shares of the real estate investment trust’s stock valued at $1,384,000 after buying an additional 520 shares during the period. GAM Holding AG raised its holdings in Brandywine Realty Trust by 4.0% in the second quarter. GAM Holding AG now owns 15,128 shares of the real estate investment trust’s stock valued at $265,000 after buying an additional 578 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in Brandywine Realty Trust by 3.5% in the first quarter. Envestnet Asset Management Inc. now owns 17,446 shares of the real estate investment trust’s stock valued at $283,000 after buying an additional 594 shares during the period. Hedge funds and other institutional investors own 98.38% of the company’s stock.

Shares of Brandywine Realty Trust (NYSE BDN) opened at 17.00 on Wednesday. The firm has a market cap of $2.96 billion, a P/E ratio of 193.18 and a beta of 1.04. Brandywine Realty Trust has a 12 month low of $14.04 and a 12 month high of $17.83. The firm has a 50-day moving average of $16.89 and a 200 day moving average of $16.93.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Thursday, July 20th. The real estate investment trust reported $0.32 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.31. Brandywine Realty Trust had a return on equity of 1.48% and a net margin of 4.67%. The firm had revenue of $127.79 million during the quarter, compared to analyst estimates of $134.07 million. During the same period in the previous year, the company earned $0.32 EPS. The company’s revenue for the quarter was up .5% on a year-over-year basis. On average, equities research analysts anticipate that Brandywine Realty Trust will post $0.24 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, October 4th will be issued a $0.16 dividend. The ex-dividend date is Tuesday, October 3rd. This represents a $0.64 annualized dividend and a yield of 3.78%. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently 800.10%.

Several research analysts recently commented on BDN shares. Mizuho upgraded shares of Brandywine Realty Trust from a “neutral” rating to a “buy” rating and raised their price target for the company from $16.00 to $19.00 in a report on Monday, July 10th. ValuEngine upgraded shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Finally, KeyCorp restated a “hold” rating on shares of Brandywine Realty Trust in a report on Friday, August 25th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $17.58.

In related news, Director Wyche Fowler sold 1,824 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $16.82, for a total value of $30,679.68. Following the completion of the sale, the director now directly owns 64,948 shares in the company, valued at approximately $1,092,425.36. The transaction 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 business’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $16.56, for a total value of $1,856,094.48. Following the completion of the sale, the executive vice president now 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 90 days, insiders sold 116,407 shares of company stock valued at $1,929,024. Corporate insiders own 1.76% of the company’s stock.

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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.

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

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