Brandywine Realty Trust $BDN Shares Bought by Nordea Investment Management AB

Nordea Investment Management AB grew its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 18.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,716,155 shares of the real estate investment trust’s stock after purchasing an additional 269,041 shares during the quarter. Nordea Investment Management AB owned approximately 0.99% of Brandywine Realty Trust worth $7,113,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in BDN. Coldstream Capital Management Inc. lifted its position in Brandywine Realty Trust by 48.5% during the second quarter. Coldstream Capital Management Inc. now owns 14,042 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 4,588 shares during the period. Creative Planning increased its stake in shares of Brandywine Realty Trust by 23.9% during the 2nd quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 2,749 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Brandywine Realty Trust by 146.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 14,625 shares of the real estate investment trust’s stock worth $63,000 after acquiring an additional 8,694 shares during the period. 111 Capital purchased a new position in shares of Brandywine Realty Trust during the 2nd quarter worth about $65,000. Finally, Truist Financial Corp boosted its position in shares of Brandywine Realty Trust by 25.2% in the second quarter. Truist Financial Corp now owns 15,548 shares of the real estate investment trust’s stock worth $67,000 after acquiring an additional 3,134 shares during the last quarter. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Wall Street Analysts Forecast Growth

BDN has been the subject of several research analyst reports. KeyCorp lowered shares of Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Brandywine Realty Trust in a research note on Monday, November 24th. Wall Street Zen upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. Evercore ISI cut their target price on Brandywine Realty Trust from $5.00 to $4.00 and set an “in-line” rating on the stock in a research report on Friday, November 14th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Brandywine Realty Trust in a report on Wednesday, October 8th. Three analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $4.00.

Brandywine Realty Trust Stock Up 1.5%

Shares of NYSE BDN opened at $3.12 on Friday. The stock’s 50-day simple moving average is $3.14 and its 200-day simple moving average is $3.73. Brandywine Realty Trust has a 1 year low of $2.83 and a 1 year high of $5.56. The firm has a market cap of $541.08 million, a price-to-earnings ratio of -2.91 and a beta of 1.30. The company has a debt-to-equity ratio of 2.68, a quick ratio of 2.14 and a current ratio of 2.14.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Thursday, October 23rd. The real estate investment trust reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The company had revenue of $121.42 million for the quarter, compared to analyst estimates of $119.11 million. Brandywine Realty Trust had a negative return on equity of 19.55% and a negative net margin of 38.03%. As a group, equities analysts anticipate that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 22nd. Stockholders of record on Wednesday, January 7th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 10.3%. The ex-dividend date is Wednesday, January 7th. Brandywine Realty Trust’s payout ratio is -29.91%.

Insider Buying and Selling at Brandywine Realty Trust

In related news, CEO Gerard H. Sweeney acquired 88,500 shares of Brandywine Realty Trust stock in a transaction that occurred on Monday, November 10th. The stock was acquired at an average price of $3.38 per share, for a total transaction of $299,130.00. Following the transaction, the chief executive officer directly owned 3,042,210 shares of the company’s stock, valued at $10,282,669.80. This trade represents a 3.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James C. Diggs sold 23,190 shares of the company’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $3.47, for a total transaction of $80,469.30. Following the transaction, the director owned 128,672 shares of the company’s stock, valued at $446,491.84. This represents a 15.27% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.30% of the stock is owned by insiders.

Brandywine Realty Trust Profile

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.