Brandywine Realty Trust (NYSE:BDN) Receives $4.00 Consensus Price Target from Analysts

Brandywine Realty Trust (NYSE:BDN) has received a consensus recommendation of “Reduce” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $4.00.

BDN has been the topic of a number of recent research reports. Citigroup reiterated a “sell” rating on shares of Brandywine Realty Trust in a research note on Tuesday, January 27th. KeyCorp lowered shares of Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Brandywine Realty Trust in a research note on Monday, November 24th. Wall Street Zen lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 7th. Finally, Evercore lowered 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.

Institutional Trading of Brandywine Realty Trust

A number of institutional investors have recently made changes to their positions in the stock. Cibc World Markets Corp purchased a new position in shares of Brandywine Realty Trust during the 4th quarter valued at $33,000. Advisory Services Network LLC purchased a new stake in shares of Brandywine Realty Trust during the 3rd quarter worth about $34,000. Kovack Advisors Inc. acquired a new stake in Brandywine Realty Trust in the fourth quarter valued at approximately $40,000. State of Wyoming acquired a new position in Brandywine Realty Trust during the fourth quarter worth $48,000. Finally, WINTON GROUP Ltd acquired a new stake in Brandywine Realty Trust in the 4th quarter worth approximately $54,000. 87.27% of the stock is owned by institutional investors and hedge funds.

Brandywine Realty Trust Stock Performance

BDN stock opened at $3.14 on Tuesday. The stock’s 50 day simple moving average is $3.01 and its 200 day simple moving average is $3.55. Brandywine Realty Trust has a 12-month low of $2.74 and a 12-month high of $5.09. The firm has a market cap of $544.55 million, a P/E ratio of -3.04 and a beta of 1.29. The company has a current ratio of 1.86, a quick ratio of 2.14 and a debt-to-equity ratio of 3.20.

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Thursday, April 2nd will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $0.32 annualized dividend and a yield of 10.2%. Brandywine Realty Trust’s dividend payout ratio is presently -31.07%.

Brandywine Realty Trust Company 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.