Shares of Brandywine Realty Trust (NYSE:BDN) reached a new 52-week high during trading on Friday . The stock traded as high as $17.05 and last traded at $16.97, with a volume of 643,325 shares. The stock had previously closed at $16.69.

Several analysts recently commented on the company. Zacks Investment Research raised Brandywine Realty Trust from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Monday. Mizuho lowered Brandywine Realty Trust from a “buy” rating to a “neutral” rating and set a $17.00 target price on the stock. in a report on Friday, July 22nd. KeyCorp lowered Brandywine Realty Trust from a “sector weight” rating to an “underweight” rating and set a $14.00 target price on the stock. in a report on Friday, July 15th. Citigroup Inc. raised their target price on Brandywine Realty Trust from $15.00 to $16.50 and gave the stock a “neutral” rating in a report on Thursday, July 7th. Finally, Barclays PLC raised their target price on Brandywine Realty Trust from $16.00 to $17.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 19th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $16.04.

The stock has a 50 day moving average price of $16.35 and a 200 day moving average price of $14.41. The stock’s market cap is $2.94 billion.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Wednesday, July 20th. The company reported $0.32 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.32. The firm earned $127 million during the quarter, compared to analysts’ expectations of $126.64 million. The firm’s revenue for the quarter was down 12.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.32 earnings per share. On average, equities research analysts predict that Brandywine Realty Trust will post $1.30 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 20th. Stockholders of record on Wednesday, July 6th were issued a $0.16 dividend. This is a positive change from Brandywine Realty Trust’s previous quarterly dividend of $0.15. This represents a $0.64 annualized dividend and a dividend yield of 3.79%. The ex-dividend date of this dividend was Friday, July 1st.

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney sold 60,000 shares of the company’s stock in a transaction that occurred on Monday, June 27th. The stock was sold at an average price of $15.74, for a total transaction of $944,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Tom Wirth sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, July 25th. The shares were sold at an average price of $16.69, for a total value of $83,450.00. Following the sale, the insider now directly owns 99,698 shares of the company’s stock, valued at $1,663,959.62. The disclosure for this sale can be found here.

A number of hedge funds recently bought and sold shares of BDN. US Bancorp DE increased its stake in Brandywine Realty Trust by 6.2% in the fourth quarter. US Bancorp DE now owns 97,673 shares of the company’s stock valued at $1,334,000 after buying an additional 5,725 shares in the last quarter. Sei Investments Co. increased its position in shares of Brandywine Realty Trust by 0.4% in the fourth quarter. Sei Investments Co. now owns 151,260 shares of the company’s stock worth $2,066,000 after buying an additional 561 shares during the period. KBC Group NV increased its position in shares of Brandywine Realty Trust by 133.2% in the fourth quarter. KBC Group NV now owns 151,706 shares of the company’s stock worth $2,073,000 after buying an additional 86,652 shares during the period. Cornerstone Capital Management Holdings LLC. increased its position in shares of Brandywine Realty Trust by 122.0% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 153,071 shares of the company’s stock worth $2,091,000 after buying an additional 84,120 shares during the period. Finally, Advantus Capital Management Inc increased its position in shares of Brandywine Realty Trust by 59.0% in the fourth quarter. Advantus Capital Management Inc now owns 180,057 shares of the company’s stock worth $2,460,000 after buying an additional 66,800 shares during the period.

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, industrial, retail and mixed-use properties. The Company manages its portfolio within four segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC and Austin, Texas.

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