Brandywine Realty Trust (NYSE:BDN) Reaches New 12-Month Low at $5.06

Brandywine Realty Trust (NYSE:BDN – Get Rating) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $5.06 and last traded at $5.16, with a volume of 284116 shares traded. The stock had previously closed at $5.23.

Wall Street Analyst Weigh In

Several analysts have weighed in on BDN shares. Citigroup boosted their price objective on Brandywine Realty Trust from $5.00 to $5.75 and gave the stock a “sell” rating in a report on Thursday, February 16th. StockNews.com raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Wednesday, February 22nd.

Brandywine Realty Trust Price Performance

The stock has a market capitalization of $860.36 million, a P/E ratio of 16.94, a PEG ratio of 1.74 and a beta of 1.17. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 1.20. The company has a fifty day simple moving average of $6.27 and a two-hundred day simple moving average of $6.63.

Brandywine Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 19th. Stockholders of record on Wednesday, April 5th will be paid a $0.19 dividend. The ex-dividend date is Tuesday, April 4th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 15.17%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 245.16%.

Institutional Trading of Brandywine Realty Trust

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vident Investment Advisory LLC increased its stake in shares of Brandywine Realty Trust by 9.1% in the 1st quarter. Vident Investment Advisory LLC now owns 12,069 shares of the real estate investment trust’s stock valued at $170,000 after acquiring an additional 1,006 shares during the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of Brandywine Realty Trust by 1.2% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 129,948 shares of the real estate investment trust’s stock valued at $1,253,000 after acquiring an additional 1,551 shares during the last quarter. M&T Bank Corp increased its stake in shares of Brandywine Realty Trust by 8.7% in the 2nd quarter. M&T Bank Corp now owns 20,391 shares of the real estate investment trust’s stock valued at $196,000 after acquiring an additional 1,627 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Brandywine Realty Trust by 2.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 68,928 shares of the real estate investment trust’s stock valued at $424,000 after acquiring an additional 1,651 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its stake in shares of Brandywine Realty Trust by 0.9% in the 4th quarter. State of Alaska Department of Revenue now owns 204,960 shares of the real estate investment trust’s stock valued at $1,259,000 after acquiring an additional 1,778 shares during the last quarter. 90.84% of the stock is owned by institutional investors.

About Brandywine Realty Trust

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Brandywine Realty Trust engages in the acquisition, development, redevelopment, ownership, management, and operation of a portfolio of office, life science/lab, residential, and mixed-use properties. It operates through the following business segments: Philadelphia Central Business District, Pennsylvania Suburbs, Austin, Texas, Metropolitan Washington, DC, and Other.