Brandywine Realty Trust (NYSE:BDN) Short Interest Update

Brandywine Realty Trust (NYSE:BDN) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 11,770,000 shares, a growth of 17.8% from the December 15th total of 9,990,000 shares. Based on an average daily trading volume, of 2,150,000 shares, the short-interest ratio is presently 5.5 days. Approximately 7.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 28th.

Brandywine Realty Trust Stock Performance

Shares of Brandywine Realty Trust stock traded up $0.19 during trading on Friday, reaching $5.36. The company’s stock had a trading volume of 3,234,120 shares, compared to its average volume of 1,993,377. 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 business’s fifty day moving average price is $5.48 and its 200-day moving average price is $5.30. The firm has a market cap of $924.65 million, a price-to-earnings ratio of -2.98 and a beta of 1.34. Brandywine Realty Trust has a one year low of $3.85 and a one year high of $6.54.

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

Brandywine Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 23rd. Investors of record on Wednesday, January 8th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, January 8th. This represents a $0.60 annualized dividend and a yield of 11.20%. Brandywine Realty Trust’s dividend payout ratio is -33.33%.

Hedge Funds Weigh In On Brandywine Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC increased its stake in Brandywine Realty Trust by 6.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 42,613 shares of the real estate investment trust’s stock valued at $191,000 after acquiring an additional 2,404 shares during the period. CWM LLC increased its stake in Brandywine Realty Trust by 10.8% during the third quarter. CWM LLC now owns 26,063 shares of the real estate investment trust’s stock valued at $142,000 after acquiring an additional 2,540 shares during the period. First Trust Direct Indexing L.P. increased its stake in Brandywine Realty Trust by 7.2% during the third quarter. First Trust Direct Indexing L.P. now owns 38,358 shares of the real estate investment trust’s stock valued at $209,000 after acquiring an additional 2,585 shares during the period. Presima Securities ULC increased its stake in Brandywine Realty Trust by 1.1% during the third quarter. Presima Securities ULC now owns 245,167 shares of the real estate investment trust’s stock valued at $1,334,000 after acquiring an additional 2,700 shares during the period. Finally, Van ECK Associates Corp increased its stake in Brandywine Realty Trust by 10.0% during the third quarter. Van ECK Associates Corp now owns 32,987 shares of the real estate investment trust’s stock valued at $179,000 after acquiring an additional 2,986 shares during the period. 87.27% of the stock is currently owned by institutional investors.

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.