Brandywine Realty Trust (NYSE:BDN) Sets New 1-Year Low – Time to Sell?

Brandywine Realty Trust (NYSE:BDN)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as $4.05 and last traded at $4.05, with a volume of 937294 shares changing hands. The stock had previously closed at $4.34.

Analyst Ratings Changes

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

Brandywine Realty Trust Price Performance

The company has a debt-to-equity ratio of 2.12, a quick ratio of 1.74 and a current ratio of 2.26. The firm has a fifty day simple moving average of $4.79 and a 200 day simple moving average of $5.26. The company has a market capitalization of $693.15 million, a PE ratio of -3.51 and a beta of 1.32.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly 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%. Equities analysts anticipate that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, April 3rd will be issued a $0.15 dividend. The ex-dividend date is Thursday, April 3rd. This represents a $0.60 annualized dividend and a dividend yield of 14.98%. Brandywine Realty Trust’s dividend payout ratio is currently -52.63%.

Institutional Investors Weigh In On Brandywine Realty Trust

Several hedge funds have recently modified their holdings of BDN. Yeomans Consulting Group Inc. bought a new position in Brandywine Realty Trust in the fourth quarter worth approximately $16,617,000. Kawa Capital Management Inc bought a new position in shares of Brandywine Realty Trust in the 4th quarter worth $14,713,000. Penn Capital Management Company LLC bought a new position in shares of Brandywine Realty Trust in the 4th quarter worth $13,300,000. Invesco Ltd. lifted its stake in shares of Brandywine Realty Trust by 193.7% during the 4th quarter. Invesco Ltd. now owns 2,812,200 shares of the real estate investment trust’s stock worth $15,748,000 after purchasing an additional 1,854,749 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in Brandywine Realty Trust by 5.4% during the fourth quarter. Vanguard Group Inc. now owns 28,503,532 shares of the real estate investment trust’s stock valued at $159,620,000 after purchasing an additional 1,459,236 shares in the last quarter. Hedge funds and other institutional investors own 87.27% of the company’s stock.

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.