Cerity Partners LLC Trims Holdings in Brandywine Realty Trust (NYSE:BDN)

Cerity Partners LLC lowered its holdings in Brandywine Realty Trust (NYSE:BDN) by 35.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 109,233 shares of the real estate investment trust’s stock after selling 59,902 shares during the quarter. Cerity Partners LLC’s holdings in Brandywine Realty Trust were worth $598,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC boosted its holdings in Brandywine Realty Trust by 13.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 16,888 shares of the real estate investment trust’s stock valued at $95,000 after acquiring an additional 2,064 shares in the last quarter. Pine Valley Investments Ltd Liability Co increased its position in shares of Brandywine Realty Trust by 13.1% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 18,914 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 2,190 shares during the period. Headlands Technologies LLC raised its stake in Brandywine Realty Trust by 64.1% in the fourth quarter. Headlands Technologies LLC now owns 6,247 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 2,441 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in Brandywine Realty Trust in the fourth quarter worth about $26,000. Finally, 17 Capital Partners LLC boosted its position in Brandywine Realty Trust by 37.7% during the 4th quarter. 17 Capital Partners LLC now owns 18,240 shares of the real estate investment trust’s stock valued at $102,000 after acquiring an additional 4,991 shares in the last quarter. 87.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BDN shares. Evercore ISI dropped their price target on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating on the stock in a research report on Thursday, February 6th. StockNews.com downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 6th.

Brandywine Realty Trust Stock Up 1.7 %

Shares of Brandywine Realty Trust stock opened at $3.79 on Monday. The company has a 50-day simple moving average of $4.43 and a two-hundred day simple moving average of $5.11. Brandywine Realty Trust has a 52-week low of $3.41 and a 52-week high of $6.54. The company has a debt-to-equity ratio of 2.12, a quick ratio of 1.74 and a current ratio of 2.26. The stock has a market capitalization of $655.07 million, a PE ratio of -3.32 and a beta of 1.32.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.16. Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. On average, analysts anticipate that Brandywine Realty Trust will post 0.66 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 17th. Shareholders of record on Thursday, April 3rd were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 15.85%. The ex-dividend date of this dividend was Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio is currently -52.63%.

Brandywine Realty Trust Company Profile

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.