Brandywine Realty Trust (BDN) Position Lifted by Amundi Pioneer Asset Management Inc.

Amundi Pioneer Asset Management Inc. lifted its stake in Brandywine Realty Trust (NYSE:BDN) by 84.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 246,527 shares of the real estate investment trust’s stock after buying an additional 112,861 shares during the period. Amundi Pioneer Asset Management Inc. owned approximately 0.14% of Brandywine Realty Trust worth $3,915,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of BDN. First Trust Advisors LP grew its position in shares of Brandywine Realty Trust by 11.4% in the 4th quarter. First Trust Advisors LP now owns 70,429 shares of the real estate investment trust’s stock valued at $1,281,000 after buying an additional 7,181 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Brandywine Realty Trust by 72.0% in the 4th quarter. Wells Fargo & Company MN now owns 246,376 shares of the real estate investment trust’s stock valued at $4,482,000 after buying an additional 103,144 shares during the last quarter. BlackRock Inc. grew its position in shares of Brandywine Realty Trust by 8.1% in the 4th quarter. BlackRock Inc. now owns 13,228,278 shares of the real estate investment trust’s stock valued at $240,624,000 after buying an additional 987,496 shares during the last quarter. UBS Asset Management Americas Inc. grew its position in shares of Brandywine Realty Trust by 12.2% in the 4th quarter. UBS Asset Management Americas Inc. now owns 462,928 shares of the real estate investment trust’s stock valued at $8,421,000 after buying an additional 50,501 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Brandywine Realty Trust by 4.3% in the 4th quarter. Geode Capital Management LLC now owns 1,755,753 shares of the real estate investment trust’s stock valued at $31,937,000 after buying an additional 72,017 shares during the last quarter.

Shares of Brandywine Realty Trust stock opened at $16.88 on Monday. Brandywine Realty Trust has a 1 year low of $15.20 and a 1 year high of $18.69. The company has a current ratio of 3.74, a quick ratio of 3.74 and a debt-to-equity ratio of 1.04. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 12.69, a price-to-earnings-growth ratio of 2.23 and a beta of 1.00.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings data on Thursday, April 19th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.07). Brandywine Realty Trust had a return on equity of 8.37% and a net margin of 27.38%. The business had revenue of $136.36 million for the quarter, compared to analysts’ expectations of $133.17 million. During the same period in the previous year, the business posted $0.32 earnings per share. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. research analysts forecast that Brandywine Realty Trust will post 1.37 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 20th. Shareholders of record on Friday, July 6th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 4.27%. The ex-dividend date of this dividend is Thursday, July 5th. Brandywine Realty Trust’s payout ratio is currently 54.96%.

BDN has been the topic of a number of recent analyst reports. SunTrust Banks set a $18.00 target price on shares of Brandywine Realty Trust and gave the company a “buy” rating in a research report on Monday, April 23rd. Stifel Nicolaus dropped their target price on shares of Brandywine Realty Trust from $17.00 to $16.00 and set a “hold” rating on the stock in a research report on Friday, April 20th. Zacks Investment Research raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, April 17th. ValuEngine downgraded shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Brandywine Realty Trust from $18.00 to $17.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 24th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $18.17.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Washington, DC, and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 185 properties and 25.3 million square feet as of December 31, 2017, which excludes assets held for sale.

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

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