72,821 Shares in Brandywine Realty Trust (NYSE:BDN) Bought by Greenland Capital Management LP

Greenland Capital Management LP purchased a new stake in Brandywine Realty Trust (NYSE:BDN) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 72,821 shares of the real estate investment trust’s stock, valued at approximately $408,000.

Several other institutional investors and hedge funds have also bought and sold shares of BDN. Invesco Ltd. raised its position in shares of Brandywine Realty Trust by 193.7% in the 4th quarter. Invesco Ltd. now owns 2,812,200 shares of the real estate investment trust’s stock valued at $15,748,000 after buying an additional 1,854,749 shares in the last quarter. Employees Retirement System of Texas bought a new position in Brandywine Realty Trust in the fourth quarter valued at approximately $2,240,000. Russell Investments Group Ltd. raised its position in Brandywine Realty Trust by 228.2% during the fourth quarter. Russell Investments Group Ltd. now owns 220,406 shares of the real estate investment trust’s stock valued at $1,234,000 after purchasing an additional 153,252 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Brandywine Realty Trust by 66.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 170,718 shares of the real estate investment trust’s stock worth $956,000 after purchasing an additional 68,008 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of Brandywine Realty Trust by 23.2% in the 4th quarter. Wells Fargo & Company MN now owns 116,963 shares of the real estate investment trust’s stock valued at $655,000 after purchasing an additional 21,987 shares in the last quarter. Institutional investors own 87.27% of the company’s stock.

Analyst Upgrades and Downgrades

BDN has been the subject of a number of research analyst reports. Evercore ISI lowered their price target on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a report on Thursday, February 6th. StockNews.com downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th.

Brandywine Realty Trust Stock Performance

Shares of Brandywine Realty Trust stock opened at $3.67 on Wednesday. The company’s 50 day moving average price is $4.69 and its two-hundred day moving average price is $5.22. The firm has a market capitalization of $634.48 million, a P/E ratio of -3.22 and a beta of 1.32. Brandywine Realty Trust has a fifty-two week low of $3.63 and a fifty-two week high of $6.54. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.26 and a quick ratio of 1.74.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, beating the consensus estimate of $0.01 by $0.16. Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. On average, equities analysts forecast that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 16.37%. The ex-dividend date is Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -52.63%.

About Brandywine Realty Trust

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.