Brandywine Realty Trust (NYSE:BDN) Shares Acquired by Graham Capital Management L.P.

Graham Capital Management L.P. lifted its position in shares of Brandywine Realty Trust (NYSE:BDN) by 1,294.8% during the fourth quarter, Holdings Channel reports. The firm owned 184,476 shares of the real estate investment trust’s stock after acquiring an additional 171,250 shares during the quarter. Graham Capital Management L.P.’s holdings in Brandywine Realty Trust were worth $1,033,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Investment Management LLC acquired a new stake in shares of Brandywine Realty Trust during the fourth quarter worth about $26,000. US Bancorp DE increased its position in Brandywine Realty Trust by 11,198.0% in the 4th quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 5,599 shares during the period. Headlands Technologies LLC increased its position in Brandywine Realty Trust by 64.1% in the 4th quarter. Headlands Technologies LLC now owns 6,247 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 2,441 shares during the period. Smartleaf Asset Management LLC increased its position in Brandywine Realty Trust by 360.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 6,457 shares during the period. Finally, Sciencast Management LP acquired a new position in Brandywine Realty Trust in the 4th quarter valued at about $57,000. Institutional investors and hedge funds own 87.27% of the company’s stock.

Insider Buying and Selling at Brandywine Realty Trust

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney acquired 61,576 shares of the stock in a transaction on Friday, May 2nd. The shares were bought at an average price of $4.07 per share, with a total value of $250,614.32. Following the acquisition, the chief executive officer now owns 2,949,092 shares of the company’s stock, valued at $12,002,804.44. This trade represents a 2.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 3.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports 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 cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, May 1st.

Brandywine Realty Trust Stock Performance

Shares of BDN stock opened at $4.26 on Wednesday. The stock has a market capitalization of $736.77 million, a PE ratio of -3.74 and a beta of 1.39. Brandywine Realty Trust has a 52-week low of $3.41 and a 52-week high of $6.54. The stock’s 50-day moving average price is $4.15 and its 200 day moving average price is $4.90. The company has a quick ratio of 1.74, a current ratio of 2.26 and a debt-to-equity ratio of 2.12.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings data on Tuesday, April 22nd. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. The business had revenue of $114.43 million during the quarter, compared to analysts’ expectations of $119.45 million. As a group, equities research analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 14.08%. The ex-dividend date was Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio is presently -50.00%.

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.