Brandywine Realty Trust (NYSE:BDN) Receives Average Rating of “Reduce” from Analysts

Shares of Brandywine Realty Trust (NYSE:BDN) have been given a consensus recommendation of “Reduce” by the six analysts that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $3.50.

Several equities analysts have commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Brandywine Realty Trust in a research report on Wednesday, July 15th. Wall Street Zen upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Sunday, July 26th.

Institutional Investors Weigh In On Brandywine Realty Trust

Several large investors have recently bought and sold shares of the stock. Corient Private Wealth LP boosted its stake in shares of Brandywine Realty Trust by 141.8% during the second quarter. Corient Private Wealth LP now owns 58,546 shares of the real estate investment trust’s stock worth $186,000 after buying an additional 34,334 shares during the period. California State Teachers Retirement System boosted its stake in shares of Brandywine Realty Trust by 206.7% in the second quarter. California State Teachers Retirement System now owns 515,461 shares of the real estate investment trust’s stock valued at $1,634,000 after buying an additional 347,389 shares in the last quarter. Kintra Wealth LLC grew its holdings in Brandywine Realty Trust by 56.6% during the second quarter. Kintra Wealth LLC now owns 18,739 shares of the real estate investment trust’s stock worth $59,000 after acquiring an additional 6,774 shares during the period. HB Wealth Management LLC grew its holdings in Brandywine Realty Trust by 47.2% during the second quarter. HB Wealth Management LLC now owns 17,837 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 5,716 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new position in Brandywine Realty Trust in the second quarter worth $648,000. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Stock Up 2.6%

BDN opened at $3.13 on Friday. The company has a fifty day moving average of $3.12 and a two-hundred day moving average of $3.04. The stock has a market capitalization of $546.44 million, a price-to-earnings ratio of -3.82 and a beta of 1.29. Brandywine Realty Trust has a fifty-two week low of $2.47 and a fifty-two week high of $4.63. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.67 and a current ratio of 1.67.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Thursday, July 23rd. The real estate investment trust reported ($0.18) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.18). Brandywine Realty Trust had a negative net margin of 28.62% and a negative return on equity of 18.52%. The business had revenue of $128.92 million for the quarter, compared to analyst estimates of $113.04 million. During the same period in the prior year, the company posted ($0.51) EPS. On average, research analysts expect that Brandywine Realty Trust will post 0.55 earnings per share for the current year.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high‐quality, transit‐oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live‐work‐play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.