Segall Bryant & Hamill LLC Makes New $1.94 Million Investment in Brandywine Realty Trust (NYSE:BDN)

Segall Bryant & Hamill LLC purchased a new stake in Brandywine Realty Trust (NYSE:BDN) during the 3rd quarter, HoldingsChannel reports. The fund purchased 355,994 shares of the real estate investment trust’s stock, valued at approximately $1,937,000.

A number of other large investors have also recently modified their holdings of BDN. Metis Global Partners LLC raised its stake in Brandywine Realty Trust by 38.8% in the third quarter. Metis Global Partners LLC now owns 18,775 shares of the real estate investment trust’s stock valued at $102,000 after purchasing an additional 5,251 shares in the last quarter. KBC Group NV increased its holdings in shares of Brandywine Realty Trust by 70.5% in the 3rd quarter. KBC Group NV now owns 12,166 shares of the real estate investment trust’s stock worth $66,000 after buying an additional 5,029 shares during the last quarter. GSA Capital Partners LLP raised its position in shares of Brandywine Realty Trust by 23.7% during the 3rd quarter. GSA Capital Partners LLP now owns 107,924 shares of the real estate investment trust’s stock valued at $587,000 after buying an additional 20,657 shares in the last quarter. Versor Investments LP bought a new stake in shares of Brandywine Realty Trust during the 3rd quarter worth $191,000. Finally, Wolverine Asset Management LLC purchased a new position in Brandywine Realty Trust in the third quarter worth $62,000. Institutional investors own 87.27% of the company’s stock.

Analyst Upgrades and Downgrades

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

Brandywine Realty Trust Stock Up 0.2 %

Shares of NYSE BDN opened at $5.55 on Friday. The stock has a market capitalization of $958.30 million, a P/E ratio of -3.08 and a beta of 1.33. Brandywine Realty Trust has a one year low of $3.85 and a one year high of $6.54. The firm’s 50 day simple moving average is $5.52 and its two-hundred day simple moving average is $5.04. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.74 and a quick ratio of 1.74.

Brandywine Realty Trust (NYSE:BDN) last released its earnings results on Tuesday, October 22nd. The real estate investment trust reported ($0.96) EPS for the quarter, missing the consensus estimate of $0.24 by ($1.20). The business had revenue of $117.96 million for the quarter, compared to the consensus estimate of $120.00 million. Brandywine Realty Trust had a negative net margin of 60.08% and a negative return on equity of 24.59%. Brandywine Realty Trust’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.29 EPS. As a group, analysts expect that Brandywine Realty Trust will post 0.92 EPS for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently announced 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 10.81%. The ex-dividend date was Wednesday, October 9th. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -33.33%.

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.