Point72 Asia Singapore Pte. Ltd. Takes $71,000 Position in Brandywine Realty Trust (NYSE:BDN)

Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Brandywine Realty Trust (NYSE:BDN) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,910 shares of the real estate investment trust’s stock, valued at approximately $71,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Point72 DIFC Ltd acquired a new stake in shares of Brandywine Realty Trust during the second quarter valued at about $27,000. Sei Investments Co. acquired a new stake in Brandywine Realty Trust during the 2nd quarter worth approximately $48,000. EverSource Wealth Advisors LLC grew its holdings in Brandywine Realty Trust by 381.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 12,308 shares of the real estate investment trust’s stock worth $55,000 after acquiring an additional 9,753 shares during the last quarter. Bayesian Capital Management LP acquired a new position in Brandywine Realty Trust in the 1st quarter valued at approximately $56,000. Finally, EntryPoint Capital LLC raised its stake in shares of Brandywine Realty Trust by 811.8% during the first quarter. EntryPoint Capital LLC now owns 13,969 shares of the real estate investment trust’s stock valued at $67,000 after acquiring an additional 12,437 shares during the last quarter. Institutional investors and hedge funds own 87.27% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on BDN shares. Evercore ISI increased their price objective on Brandywine Realty Trust from $5.50 to $6.00 and gave the company an “in-line” rating in a report on Monday, September 16th. StockNews.com upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, July 25th.

Brandywine Realty Trust Stock Down 1.7 %

Shares of NYSE BDN opened at $5.33 on Monday. Brandywine Realty Trust has a 52-week low of $3.62 and a 52-week high of $5.67. The company has a debt-to-equity ratio of 1.73, a quick ratio of 2.07 and a current ratio of 2.07. The company’s 50 day moving average price is $5.09 and its 200-day moving average price is $4.74. The company has a market capitalization of $918.20 million, a P/E ratio of -4.37 and a beta of 1.33.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Tuesday, July 23rd. The real estate investment trust reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.05). The firm had revenue of $125.30 million for the quarter, compared to the consensus estimate of $119.47 million. Brandywine Realty Trust had a negative net margin of 32.27% and a negative return on equity of 12.16%. The business’s revenue was down .5% compared to the same quarter last year. During the same period last year, the company posted $0.29 EPS. Equities analysts forecast that Brandywine Realty Trust will post 0.93 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 24th. Shareholders of record on Wednesday, October 9th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 11.26%. The ex-dividend date is Wednesday, October 9th. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -49.18%.

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.