Swiss National Bank increased its stake in Brandywine Realty Trust (NYSE:BDN) by 1.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 292,600 shares of the real estate investment trust’s stock after buying an additional 4,700 shares during the quarter. Swiss National Bank owned about 0.17% of Brandywine Realty Trust worth $5,129,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Forward Management LLC lifted its position in Brandywine Realty Trust by 5.1% in the second quarter. Forward Management LLC now owns 10,608 shares of the real estate investment trust’s stock worth $186,000 after buying an additional 513 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Brandywine Realty Trust by 0.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 85,290 shares of the real estate investment trust’s stock worth $1,384,000 after buying an additional 520 shares during the last quarter. GAM Holding AG lifted its position in Brandywine Realty Trust by 4.0% in the second quarter. GAM Holding AG now owns 15,128 shares of the real estate investment trust’s stock worth $265,000 after buying an additional 578 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Brandywine Realty Trust by 3.5% in the first quarter. Envestnet Asset Management Inc. now owns 17,446 shares of the real estate investment trust’s stock worth $283,000 after buying an additional 594 shares during the last quarter. Finally, Thrivent Financial For Lutherans lifted its position in Brandywine Realty Trust by 0.9% in the first quarter. Thrivent Financial For Lutherans now owns 68,904 shares of the real estate investment trust’s stock worth $1,118,000 after buying an additional 600 shares during the last quarter. Institutional investors own 98.38% of the company’s stock.

In related news, insider Tom Wirth sold 2,500 shares of the business’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $16.90, for a total value of $42,250.00. Following the sale, the insider now owns 110,473 shares in the company, valued at approximately $1,866,993.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP William D. Redd sold 112,083 shares of the business’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $16.56, for a total value of $1,856,094.48. Following the completion of the sale, the executive vice president now owns 83,505 shares in the company, valued at approximately $1,382,842.80. The disclosure for this sale can be found here. Insiders sold a total of 116,407 shares of company stock worth $1,929,024 in the last quarter. Company insiders own 1.76% of the company’s stock.

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

Shares of Brandywine Realty Trust (NYSE:BDN) opened at 17.16 on Thursday. The firm has a 50-day moving average price of $16.89 and a 200-day moving average price of $16.93. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 195.00 and a beta of 1.04. 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 posted its quarterly earnings data on Thursday, July 20th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.31. The firm had revenue of $127.79 million for the quarter, compared to the consensus estimate of $134.07 million. Brandywine Realty Trust had a return on equity of 1.48% and a net margin of 4.67%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.32 EPS. Equities analysts forecast that Brandywine Realty Trust will post $0.24 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Wednesday, October 4th will be issued a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, October 3rd. This represents a $0.64 annualized dividend and a dividend yield of 3.73%. Brandywine Realty Trust’s dividend payout ratio is presently 800.10%.

Brandywine Realty Trust Company Profile

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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