Brandywine Realty Trust (NYSE:BDN) CEO Acquires $100,344.00 in Stock

Brandywine Realty Trust (NYSE:BDN) CEO Gerard Sweeney bought 33,900 shares of the stock in a transaction on Monday, September 14th. The shares were acquired at an average price of $2.96 per share, with a total value of $100,344.00. Following the purchase, the chief executive officer owned 4,207,691 shares of the company’s stock, valued at $12,454,765.36. The trade was a 0.81% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Brandywine Realty Trust Trading Down 0.9%

NYSE BDN opened at $2.90 on Friday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.67 and a current ratio of 1.67. The company has a 50-day simple moving average of $3.08 and a 200-day simple moving average of $3.02. Brandywine Realty Trust has a one year low of $2.47 and a one year high of $4.63. The firm has a market capitalization of $507.15 million, a PE ratio of -3.54 and a beta of 1.29.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Thursday, July 23rd. The real estate investment trust reported ($0.18) EPS for the quarter, meeting the consensus estimate of ($0.18). The company had revenue of $128.92 million during the quarter, compared to analyst estimates of $113.04 million. Brandywine Realty Trust had a negative return on equity of 18.52% and a negative net margin of 28.62%.During the same period in the prior year, the company earned ($0.51) earnings per share. On average, equities analysts forecast that Brandywine Realty Trust will post 0.55 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 22nd. Shareholders of record on Thursday, October 8th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 11.0%. The ex-dividend date is Thursday, October 8th. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -39.02%.

Institutional Investors Weigh In On Brandywine Realty Trust

Institutional investors have recently bought and sold shares of the stock. UBS Group AG increased its stake in Brandywine Realty Trust by 73.0% during the 4th quarter. UBS Group AG now owns 1,849,023 shares of the real estate investment trust’s stock valued at $5,399,000 after buying an additional 780,312 shares during the period. Hsbc Holdings PLC lifted its stake in shares of Brandywine Realty Trust by 68.1% in the 1st quarter. Hsbc Holdings PLC now owns 778,782 shares of the real estate investment trust’s stock worth $2,087,000 after acquiring an additional 315,512 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in shares of Brandywine Realty Trust in the first quarter valued at approximately $1,861,000. Verus Financial Partners Inc. boosted its holdings in shares of Brandywine Realty Trust by 2.9% in the first quarter. Verus Financial Partners Inc. now owns 260,694 shares of the real estate investment trust’s stock valued at $738,000 after acquiring an additional 7,345 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Brandywine Realty Trust during the second quarter valued at approximately $648,000. Institutional investors and hedge funds own 87.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on BDN shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Brandywine Realty Trust in a report on Wednesday, July 15th. Wall Street Zen upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Sunday, July 26th. Three investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $3.50.

Brandywine Realty Trust Company Profile

Brandywine Realty Trust (NYSE:BDN) is a self-managed and self-administered real estate investment trust that owns, develops, leases and manages office, mixed-use and life sciences properties. Its portfolio also includes retail, residential and parking components that support its larger urban developments.

The company focuses primarily on high-density, transit-oriented locations in the Philadelphia region, including Center City Philadelphia, University City and surrounding suburban communities.