Brandywine Realty Trust (NYSE:BDN) Shares Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. increased its stake in shares of Brandywine Realty Trust (NYSE:BDN) by 5.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,633 shares of the real estate investment trust’s stock after acquiring an additional 3,021 shares during the period. Daiwa Securities Group Inc.’s holdings in Brandywine Realty Trust were worth $314,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Point72 Asset Management L.P. boosted its position in Brandywine Realty Trust by 7,435.2% in the 2nd quarter. Point72 Asset Management L.P. now owns 2,087,242 shares of the real estate investment trust’s stock worth $9,351,000 after purchasing an additional 2,059,542 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Brandywine Realty Trust in the 3rd quarter valued at $2,546,000. Segall Bryant & Hamill LLC purchased a new stake in Brandywine Realty Trust during the third quarter worth $1,937,000. Robeco Institutional Asset Management B.V. grew its position in Brandywine Realty Trust by 85.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 700,647 shares of the real estate investment trust’s stock valued at $3,812,000 after buying an additional 321,907 shares during the period. Finally, Lighthouse Investment Partners LLC increased its holdings in Brandywine Realty Trust by 50.6% in the second quarter. Lighthouse Investment Partners LLC now owns 640,000 shares of the real estate investment trust’s stock valued at $2,867,000 after buying an additional 215,000 shares in the last quarter. 87.27% of the stock is currently owned by hedge funds and other institutional investors.

Brandywine Realty Trust Stock Performance

BDN opened at $5.60 on Monday. The firm’s fifty day simple moving average is $5.55 and its two-hundred day simple moving average is $5.07. Brandywine Realty Trust has a 52-week low of $3.85 and a 52-week high of $6.54. The company has a market cap of $966.93 million, a price-to-earnings ratio of -3.11 and a beta of 1.33. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.05.

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

Brandywine Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Wednesday, October 9th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.71%. The ex-dividend date was Wednesday, October 9th. Brandywine Realty Trust’s dividend payout ratio is presently -33.33%.

Analyst Upgrades and Downgrades

Separately, Evercore ISI increased their target price on shares of Brandywine Realty Trust from $5.50 to $6.00 and gave the stock an “in-line” rating in a research note on Monday, September 16th.

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.