Quantbot Technologies LP acquired a new stake in Brandywine Realty Trust (NYSE:BDN – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 35,278 shares of the real estate investment trust’s stock, valued at approximately $198,000.
A number of other institutional investors have also recently made changes to their positions in BDN. Franklin Resources Inc. raised its holdings in Brandywine Realty Trust by 222.4% during the 3rd quarter. Franklin Resources Inc. now owns 179,554 shares of the real estate investment trust’s stock valued at $1,072,000 after buying an additional 123,856 shares during the last quarter. State Street Corp raised its stake in shares of Brandywine Realty Trust by 2.2% during the third quarter. State Street Corp now owns 10,272,055 shares of the real estate investment trust’s stock valued at $55,880,000 after acquiring an additional 218,444 shares during the last quarter. Barclays PLC boosted its holdings in shares of Brandywine Realty Trust by 91.8% during the third quarter. Barclays PLC now owns 460,039 shares of the real estate investment trust’s stock worth $2,502,000 after purchasing an additional 220,176 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of Brandywine Realty Trust by 42.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 668,148 shares of the real estate investment trust’s stock worth $3,743,000 after purchasing an additional 200,067 shares during the last quarter. Finally, Yeomans Consulting Group Inc. purchased a new position in Brandywine Realty Trust during the 4th quarter valued at about $16,617,000. Hedge funds and other institutional investors own 87.27% of the company’s stock.
Brandywine Realty Trust Trading Down 1.4 %
Shares of BDN opened at $4.45 on Friday. The firm’s 50-day moving average price is $4.90 and its 200-day moving average price is $5.29. The firm has a market capitalization of $769.30 million, a price-to-earnings ratio of -3.90 and a beta of 1.35. The company has a current ratio of 2.26, a quick ratio of 1.74 and a debt-to-equity ratio of 2.12. Brandywine Realty Trust has a 1-year low of $4.17 and a 1-year high of $6.54.
Brandywine Realty Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 13.50%. Brandywine Realty Trust’s dividend payout ratio (DPR) is -52.63%.
Analyst Ratings Changes
Several research firms have weighed in on BDN. Evercore ISI dropped their price objective 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 report on Thursday, February 6th.
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.
Read More
- Five stocks we like better than Brandywine Realty Trust
- Breakout Stocks: What They Are and How to Identify Them
- MarketBeat Week in Review – 03/24 – 03/28
- What is the S&P 500 and How It is Distinct from Other Indexes
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
- Trading Halts Explained
- 4 Healthcare Stocks With Massive Gains—and More to Come
Want to see what other hedge funds are holding BDN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brandywine Realty Trust (NYSE:BDN – Free Report).
Receive News & Ratings for Brandywine Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brandywine Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.