First Trust Direct Indexing L.P. Has $95,000 Stake in Brandywine Realty Trust (NYSE:BDN)

First Trust Direct Indexing L.P. grew its stake in shares of Brandywine Realty Trust (NYSE:BDN) by 27.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,545 shares of the real estate investment trust’s stock after purchasing an additional 3,819 shares during the period. First Trust Direct Indexing L.P.’s holdings in Brandywine Realty Trust were worth $95,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Brandywine Realty Trust by 9.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,672,905 shares of the real estate investment trust’s stock valued at $21,215,000 after purchasing an additional 389,373 shares during the period. Asset Management One Co. Ltd. raised its holdings in shares of Brandywine Realty Trust by 2.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 265,773 shares of the real estate investment trust’s stock valued at $1,462,000 after purchasing an additional 6,829 shares during the period. Bramshill Investments LLC raised its holdings in shares of Brandywine Realty Trust by 159.8% during the third quarter. Bramshill Investments LLC now owns 280,655 shares of the real estate investment trust’s stock valued at $1,274,000 after purchasing an additional 172,632 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Brandywine Realty Trust by 1,832.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,484,966 shares of the real estate investment trust’s stock worth $6,742,000 after acquiring an additional 1,408,138 shares during the last quarter. Finally, Algert Global LLC raised its holdings in shares of Brandywine Realty Trust by 21.8% in the 3rd quarter. Algert Global LLC now owns 921,443 shares of the real estate investment trust’s stock worth $4,183,000 after acquiring an additional 165,090 shares during the last quarter. Institutional investors and hedge funds own 87.27% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on BDN. Truist Financial lowered their target price on shares of Brandywine Realty Trust from $7.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, February 13th. StockNews.com lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, January 30th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Brandywine Realty Trust in a report on Tuesday, January 30th. They issued a “hold” rating and a $5.50 target price on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $5.63.

Brandywine Realty Trust Trading Down 0.2 %

Shares of BDN stock opened at $4.64 on Thursday. Brandywine Realty Trust has a 52-week low of $3.45 and a 52-week high of $5.67. The company has a debt-to-equity ratio of 1.69, a quick ratio of 2.21 and a current ratio of 2.21. The company has a 50-day simple moving average of $4.48 and a two-hundred day simple moving average of $4.57. The company has a market capitalization of $799.33 million, a price-to-earnings ratio of -3.80 and a beta of 1.26.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings data on Thursday, April 18th. The real estate investment trust reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.34). Brandywine Realty Trust had a negative return on equity of 14.62% and a negative net margin of 40.61%. The firm had revenue of $126.50 million during the quarter, compared to the consensus estimate of $122.83 million. During the same period in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. Research analysts anticipate that Brandywine Realty Trust will post 0.93 EPS for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Thursday, April 4th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.93%. The ex-dividend date of this dividend was Wednesday, April 3rd. Brandywine Realty Trust’s dividend payout ratio is currently -49.18%.

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 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 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.