Swiss National Bank Has $1.83 Million Stock Holdings in Brandywine Realty Trust (NYSE:BDN)

Swiss National Bank decreased its stake in shares of Brandywine Realty Trust (NYSE:BDN) by 10.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 339,200 shares of the real estate investment trust’s stock after selling 38,700 shares during the period. Swiss National Bank owned 0.20% of Brandywine Realty Trust worth $1,832,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new position in shares of Brandywine Realty Trust during the fourth quarter worth approximately $58,000. Optas LLC bought a new position in Brandywine Realty Trust in the 4th quarter valued at $62,000. PDS Planning Inc acquired a new stake in shares of Brandywine Realty Trust in the 4th quarter valued at $69,000. Scharf Investments LLC bought a new stake in shares of Brandywine Realty Trust during the fourth quarter worth $77,000. Finally, MQS Management LLC acquired a new position in shares of Brandywine Realty Trust during the third quarter valued at $67,000. Institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Stock Up 0.7 %

Shares of NYSE BDN opened at $4.62 on Friday. The firm has a 50 day moving average price of $4.58 and a 200 day moving average price of $4.64. 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 stock has a market cap of $795.89 million, a P/E ratio of -3.79 and a beta of 1.26. Brandywine Realty Trust has a 52-week low of $3.59 and a 52-week high of $5.67.

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

Brandywine Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 18th. Investors of record on Wednesday, July 3rd will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, July 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 12.99%. Brandywine Realty Trust’s payout ratio is -49.18%.

Wall Street Analysts Forecast Growth

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

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.