Brandywine Realty Trust (NYSE:BDN) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Brandywine Realty Trust (NYSE:BDN) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.28 and traded as high as $5.40. Brandywine Realty Trust shares last traded at $5.36, with a volume of 3,234,120 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 28th.

Brandywine Realty Trust Stock Performance

The company has a debt-to-equity ratio of 2.05, a current ratio of 1.74 and a quick ratio of 1.74. The firm has a 50-day moving average of $5.48 and a two-hundred day moving average of $5.29.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings data on Tuesday, October 22nd. The real estate investment trust reported ($0.96) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($1.20). The business had revenue of $117.96 million during the quarter, compared to analyst estimates of $120.00 million. Brandywine Realty Trust had a negative return on equity of 24.59% and a negative net margin of 60.08%. Brandywine Realty Trust’s revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.29 EPS. Equities research analysts expect that Brandywine Realty Trust will post 0.92 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Wednesday, January 8th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 11.20%. The ex-dividend date of this dividend is Wednesday, January 8th. Brandywine Realty Trust’s dividend payout ratio is currently -33.33%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Choreo LLC bought a new stake in Brandywine Realty Trust in the second quarter valued at $103,000. Texas Permanent School Fund Corp grew its holdings in Brandywine Realty Trust by 28.8% in the 2nd quarter. Texas Permanent School Fund Corp now owns 194,011 shares of the real estate investment trust’s stock worth $869,000 after buying an additional 43,393 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Brandywine Realty Trust by 3.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,644,476 shares of the real estate investment trust’s stock valued at $11,847,000 after acquiring an additional 91,852 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in Brandywine Realty Trust by 6.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 42,613 shares of the real estate investment trust’s stock valued at $191,000 after acquiring an additional 2,404 shares in the last quarter. Finally, Inspire Investing LLC boosted its position in Brandywine Realty Trust by 4.6% during the 2nd quarter. Inspire Investing LLC now owns 78,848 shares of the real estate investment trust’s stock worth $353,000 after acquiring an additional 3,453 shares during the period. 87.27% of the stock is owned by institutional investors and hedge funds.

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 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 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.