Brandywine Realty Trust (NYSE:BDN) Trading 12.2% Higher – What’s Next?

Brandywine Realty Trust (NYSE:BDNGet Free Report)’s share price shot up 12.2% during trading on Wednesday . The stock traded as high as $3.17 and last traded at $3.1650. 1,549,488 shares changed hands during trading, a decline of 66% from the average session volume of 4,556,779 shares. The stock had previously closed at $2.82.

Wall Street Analysts Forecast Growth

BDN has been the subject of a number of analyst reports. Wall Street Zen raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 27th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Brandywine Realty Trust in a research note on Monday, November 24th. KeyCorp lowered Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a report on Thursday, December 4th. Evercore ISI lowered their price target on Brandywine Realty Trust from $5.00 to $4.00 and set an “in-line” rating on the stock in a report on Friday, November 14th. Finally, Citigroup reissued a “sell” rating on shares of Brandywine Realty Trust in a research report on Tuesday, January 27th. Three research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Brandywine Realty Trust has a consensus rating of “Reduce” and a consensus target price of $4.00.

Check Out Our Latest Report on Brandywine Realty Trust

Brandywine Realty Trust Price Performance

The stock’s 50-day moving average is $3.02 and its 200-day moving average is $3.62. The firm has a market cap of $550.63 million, a P/E ratio of -2.96 and a beta of 1.29. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 2.68.

Brandywine Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 22nd. Investors of record on Wednesday, January 7th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 10.1%. The ex-dividend date was Wednesday, January 7th. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -29.91%.

Insiders Place Their Bets

In other news, CEO Gerard H. Sweeney purchased 88,500 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were purchased at an average cost of $3.38 per share, for a total transaction of $299,130.00. Following the completion of the purchase, the chief executive officer directly owned 3,042,210 shares of the company’s stock, valued at approximately $10,282,669.80. The trade was 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. 3.30% of the stock is currently owned by company insiders.

Institutional Trading of Brandywine Realty Trust

Several institutional investors have recently modified their holdings of the company. Creative Planning raised its stake in shares of Brandywine Realty Trust by 23.9% in the second quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 2,749 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Brandywine Realty Trust by 4.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 62,773 shares of the real estate investment trust’s stock valued at $269,000 after buying an additional 2,781 shares in the last quarter. CWM LLC lifted its holdings in shares of Brandywine Realty Trust by 11.1% during the 3rd quarter. CWM LLC now owns 28,721 shares of the real estate investment trust’s stock worth $120,000 after acquiring an additional 2,873 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Brandywine Realty Trust by 12.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 26,897 shares of the real estate investment trust’s stock valued at $105,000 after acquiring an additional 3,029 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Brandywine Realty Trust by 3.2% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 99,210 shares of the real estate investment trust’s stock valued at $426,000 after acquiring an additional 3,083 shares during the period. Institutional investors and hedge funds own 87.27% of the company’s stock.

About Brandywine Realty Trust

(Get Free Report)

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.

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