Comerica Bank lessened its stake in Brandywine Realty Trust (NYSE:BDN) by 4.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 82,458 shares of the real estate investment trust’s stock after selling 4,243 shares during the quarter. Comerica Bank’s holdings in Brandywine Realty Trust were worth $1,386,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of BDN. BlackRock Inc. raised its stake in shares of Brandywine Realty Trust by 4,165.5% in the 1st quarter. BlackRock Inc. now owns 11,886,832 shares of the real estate investment trust’s stock valued at $192,924,000 after purchasing an additional 11,608,158 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Brandywine Realty Trust in the 2nd quarter valued at about $63,926,000. Vanguard Group Inc. raised its stake in shares of Brandywine Realty Trust by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 28,607,123 shares of the real estate investment trust’s stock valued at $464,293,000 after purchasing an additional 863,062 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Brandywine Realty Trust by 83.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,808,499 shares of the real estate investment trust’s stock valued at $29,352,000 after purchasing an additional 822,845 shares in the last quarter. Finally, Nuveen Asset Management LLC raised its stake in shares of Brandywine Realty Trust by 35.2% in the 1st quarter. Nuveen Asset Management LLC now owns 2,988,767 shares of the real estate investment trust’s stock valued at $48,508,000 after purchasing an additional 777,681 shares in the last quarter. Institutional investors and hedge funds own 98.71% of the company’s stock.

A number of brokerages have recently issued reports on BDN. Zacks Investment Research lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, September 7th. BidaskClub upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Mizuho upgraded shares of Brandywine Realty Trust from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $16.00 to $19.00 in a research note on Monday, July 10th. KeyCorp reiterated a “hold” rating on shares of Brandywine Realty Trust in a research note on Friday, August 25th. Finally, ValuEngine upgraded shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. Brandywine Realty Trust has a consensus rating of “Hold” and a consensus price target of $17.58.

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Shares of Brandywine Realty Trust (BDN) opened at 17.03 on Friday. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 193.52 and a beta of 1.04. The company’s 50-day moving average is $16.88 and its 200 day moving average is $16.92. Brandywine Realty Trust has a 1-year low of $14.04 and a 1-year high of $17.83.

Brandywine Realty Trust (NYSE:BDN) last issued its earnings results on Thursday, July 20th. The real estate investment trust reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.31. Brandywine Realty Trust had a net margin of 4.67% and a return on equity of 1.48%. The business had revenue of $127.79 million for the quarter, compared to analyst estimates of $134.07 million. During the same period in the previous year, the business earned $0.32 EPS. The firm’s revenue was up .5% on a year-over-year basis. On average, equities research analysts expect that Brandywine Realty Trust will post $0.24 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, October 4th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, October 3rd. This represents a $0.64 annualized dividend and a dividend yield of 3.76%. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently 800.10%.

In related news, Director Wyche Fowler sold 1,824 shares of Brandywine Realty Trust stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $16.82, for a total transaction of $30,679.68. Following the completion of the transaction, the director now directly owns 64,948 shares of the company’s stock, valued at approximately $1,092,425.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tom Wirth sold 2,500 shares of Brandywine Realty Trust stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $16.90, for a total transaction of $42,250.00. Following the transaction, the insider now directly owns 110,473 shares of the company’s stock, valued at $1,866,993.70. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 116,407 shares of company stock worth $1,929,024. 1.76% of the stock is owned by company insiders.

About Brandywine Realty Trust

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC, Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs.

Institutional Ownership by Quarter for Brandywine Realty Trust (NYSE:BDN)

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