Pensionfund DSM Netherlands Sells 30,000 Shares of Brandywine Realty Trust (NYSE:BDN)

Pensionfund DSM Netherlands trimmed its stake in shares of Brandywine Realty Trust (NYSE:BDN) by 17.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 141,400 shares of the real estate investment trust’s stock after selling 30,000 shares during the period. Pensionfund DSM Netherlands owned approximately 0.08% of Brandywine Realty Trust worth $792,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp boosted its holdings in Brandywine Realty Trust by 0.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,752,578 shares of the real estate investment trust’s stock worth $7,852,000 after buying an additional 8,884 shares during the period. Choreo LLC purchased a new position in shares of Brandywine Realty Trust in the 2nd quarter worth $103,000. Texas Permanent School Fund Corp increased its stake in Brandywine Realty Trust by 28.8% during the second quarter. Texas Permanent School Fund Corp now owns 194,011 shares of the real estate investment trust’s stock worth $869,000 after acquiring an additional 43,393 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Brandywine Realty Trust by 3.6% during 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 buying an additional 91,852 shares during the period. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Brandywine Realty Trust by 6.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 42,613 shares of the real estate investment trust’s stock worth $191,000 after acquiring an additional 2,404 shares during the last quarter. Institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Stock Performance

Shares of NYSE BDN traded down $0.02 during mid-day trading on Monday, hitting $5.64. The stock had a trading volume of 438,926 shares, compared to its average volume of 1,470,193. The firm has a market cap of $973.84 million, a PE ratio of -3.13 and a beta of 1.34. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.74 and a current ratio of 1.74. The company has a 50 day moving average of $5.49 and a two-hundred day moving average of $5.25. Brandywine Realty Trust has a twelve month low of $3.85 and a twelve month high of $6.54.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings data 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). The firm had revenue of $117.96 million during the quarter, compared to analyst estimates of $120.00 million. Brandywine Realty Trust had a negative net margin of 60.08% and a negative return on equity of 24.59%. The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.29 earnings per share. Research analysts predict that Brandywine Realty Trust will post 0.92 EPS for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Wednesday, January 8th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 10.64%. The ex-dividend date is Wednesday, January 8th. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -33.33%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on BDN shares. StockNews.com upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 28th. Evercore ISI increased their price target on Brandywine Realty Trust from $5.50 to $6.00 and gave the company 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.