Westwood Holdings Group Inc. increased its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,424,416 shares of the real estate investment trust’s stock after buying an additional 56,015 shares during the quarter. Westwood Holdings Group Inc. owned about 1.38% of Brandywine Realty Trust worth $44,100,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Marathon Trading Investment Management LLC purchased a new position in Brandywine Realty Trust during the fourth quarter worth about $182,000. JOYN Advisors Inc. purchased a new position in Brandywine Realty Trust during the fourth quarter worth about $211,000. Jane Street Group LLC purchased a new position in Brandywine Realty Trust during the fourth quarter worth about $225,000. Nisa Investment Advisors LLC lifted its position in 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 buying an additional 3,000 shares during the period. Finally, Amica Retiree Medical Trust purchased a new position in Brandywine Realty Trust during the third quarter worth about $356,000.
BDN has been the topic of several recent analyst reports. Zacks Investment Research upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Monday, December 11th. KeyCorp upgraded Brandywine Realty Trust from a “sector weight” rating to an “overweight” rating and set a $21.00 price objective on the stock in a report on Tuesday, December 19th. Evercore ISI upgraded Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a report on Monday, December 4th. Barclays raised their price objective on Brandywine Realty Trust from $17.00 to $18.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 30th. Finally, Stifel Nicolaus downgraded Brandywine Realty Trust from a “buy” rating to a “hold” rating and cut their price objective for the stock from $19.00 to $17.00 in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $18.60.
Brandywine Realty Trust (BDN) opened at $16.14 on Friday. The company has a market capitalization of $2,867.57, a PE ratio of 12.08, a PEG ratio of 2.10 and a beta of 1.05. The company has a quick ratio of 3.64, a current ratio of 3.64 and a debt-to-equity ratio of 1.05. Brandywine Realty Trust has a twelve month low of $15.45 and a twelve month high of $18.69.
Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings data on Thursday, January 25th. The real estate investment trust reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). The firm had revenue of $133.30 million during the quarter, compared to analysts’ expectations of $128.42 million. Brandywine Realty Trust had a return on equity of 7.07% and a net margin of 23.20%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter last year, the business earned $0.35 earnings per share. equities research analysts anticipate that Brandywine Realty Trust will post 1.37 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, April 4th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, April 3rd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.46%. Brandywine Realty Trust’s dividend payout ratio (DPR) is 110.77%.
In other news, insider Gerard H. Sweeney sold 20,000 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 value of $370,200.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.76% of the company’s stock.
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Brandywine Realty Trust 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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