Brandywine Realty Trust (NYSE:BDN) Shares Sold by Point72 Asia Singapore Pte. Ltd.

Point72 Asia Singapore Pte. Ltd. lowered its holdings in Brandywine Realty Trust (NYSE:BDN) by 79.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,912 shares of the real estate investment trust’s stock after selling 23,368 shares during the period. Point72 Asia Singapore Pte. Ltd.’s holdings in Brandywine Realty Trust were worth $33,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. O Shaughnessy Asset Management LLC grew its holdings in shares of 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 purchasing an additional 2,064 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its holdings in shares of Brandywine Realty Trust by 13.1% in 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 purchasing an additional 2,190 shares in the last quarter. Headlands Technologies LLC grew its holdings in shares of 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 valued at $35,000 after purchasing an additional 2,441 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Brandywine Realty Trust by 5.6% during the 4th quarter. BNP Paribas Financial Markets now owns 63,060 shares of the real estate investment trust’s stock worth $353,000 after acquiring an additional 3,347 shares in the last quarter. Finally, Quantinno Capital Management LP grew its holdings in Brandywine Realty Trust by 37.7% during the 4th quarter. Quantinno Capital Management LP now owns 15,770 shares of the real estate investment trust’s stock worth $88,000 after acquiring an additional 4,318 shares in the last quarter. Institutional investors and hedge funds own 87.27% of the company’s stock.

Insider Transactions at Brandywine Realty Trust

In related news, CEO Gerard H. Sweeney acquired 61,576 shares of Brandywine Realty Trust stock in a transaction dated Friday, May 2nd. The stock was acquired at an average price of $4.07 per share, for a total transaction of $250,614.32. Following the transaction, the chief executive officer now owns 2,949,092 shares of the company’s stock, valued at $12,002,804.44. This 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 can be accessed through this link. Insiders own 3.30% of the company’s stock.

Analyst Upgrades and Downgrades

BDN has been the subject of several analyst reports. Evercore ISI lowered their price target on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a report on Thursday, February 6th. StockNews.com cut shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, May 1st.

Brandywine Realty Trust Trading Up 0.9%

NYSE BDN opened at $4.36 on Tuesday. 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 has a 52 week low of $3.41 and a 52 week high of $6.54. The stock has a market capitalization of $754.07 million, a PE ratio of -3.82 and a beta of 1.39. The firm has a 50 day moving average of $4.13 and a two-hundred day moving average of $4.88.

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

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Thursday, April 3rd were given a dividend of $0.15 per share. The ex-dividend date was Thursday, April 3rd. This represents a $0.60 annualized dividend and a dividend yield of 13.76%. Brandywine Realty Trust’s dividend payout ratio is presently -50.00%.

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.