V3 Capital Management L.P. bought a new position in shares of Brandywine Realty Trust (NYSE:BDN) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 2,186,300 shares of the real estate investment trust’s stock, valued at approximately $36,905,000. Brandywine Realty Trust comprises 7.8% of V3 Capital Management L.P.’s holdings, making the stock its 7th biggest position. V3 Capital Management L.P. owned 1.22% of Brandywine Realty Trust as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Tower Research Capital LLC TRC grew its stake in Brandywine Realty Trust by 488.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,198 shares of the real estate investment trust’s stock worth $122,000 after buying an additional 5,974 shares during the last quarter. Paloma Partners Management Co purchased a new position in Brandywine Realty Trust during the 2nd quarter worth $527,000. Bank of America Corp DE grew its stake in Brandywine Realty Trust by 45.1% during the 2nd quarter. Bank of America Corp DE now owns 1,381,839 shares of the real estate investment trust’s stock worth $23,325,000 after buying an additional 429,219 shares during the last quarter. Morgan Stanley grew its stake in Brandywine Realty Trust by 43.5% during the 2nd quarter. Morgan Stanley now owns 3,571,044 shares of the real estate investment trust’s stock worth $60,280,000 after buying an additional 1,082,940 shares during the last quarter. Finally, Wolverine Asset Management LLC purchased a new position in Brandywine Realty Trust during the 2nd quarter worth $410,000.

Brandywine Realty Trust stock opened at $16.39 on Thursday. The company has a current ratio of 2.85, a quick ratio of 2.85 and a debt-to-equity ratio of 1.05. The stock has a market cap of $2.94 billion, a price-to-earnings ratio of 12.51, a PEG ratio of 2.14 and a beta of 0.91. Brandywine Realty Trust has a fifty-two week low of $15.20 and a fifty-two week high of $18.69.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings results on Thursday, July 19th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.27). The firm had revenue of $133.80 million for the quarter, compared to analysts’ expectations of $136.68 million. Brandywine Realty Trust had a net margin of 28.08% and a return on equity of 8.38%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.32 EPS. research analysts forecast that Brandywine Realty Trust will post 1.37 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 18th. Shareholders of record on Thursday, October 4th will be paid a dividend of $0.18 per share. The ex-dividend date is Wednesday, October 3rd. This represents a $0.72 annualized dividend and a yield of 4.39%. Brandywine Realty Trust’s payout ratio is presently 54.96%.

Separately, Zacks Investment Research upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, July 24th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Brandywine Realty Trust has an average rating of “Hold” and an average target price of $18.00.

In other Brandywine Realty Trust news, EVP William D. Redd sold 30,000 shares of the business’s stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $16.45, for a total transaction of $493,500.00. Following the sale, the executive vice president now owns 64,643 shares in the company, valued at approximately $1,063,377.35. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James C. Diggs sold 5,234 shares of the business’s stock in a transaction dated Thursday, July 26th. The shares were sold at an average price of $16.09, for a total value of $84,215.06. Following the sale, the director now owns 39,734 shares in the company, valued at approximately $639,320.06. The disclosure for this sale can be found here. In the last quarter, insiders have sold 43,234 shares of company stock worth $710,625. Company insiders own 1.84% of the company’s stock.

Brandywine Realty Trust Company Profile

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, Washington, DC, 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 184 properties and 25.3 million square feet as of June 30, 2018, which excludes assets held for sale.

Recommended Story: Technical Analysis

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

Receive News & Ratings for Brandywine Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brandywine Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.