Universal Beteiligungs und Servicegesellschaft mbH Increases Stake in Brandywine Realty Trust $BDN

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Brandywine Realty Trust (NYSE:BDN) by 9.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 198,661 shares of the real estate investment trust’s stock after acquiring an additional 17,923 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Brandywine Realty Trust were worth $852,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of BDN. 17 Capital Partners LLC boosted its holdings in shares of Brandywine Realty Trust by 14.9% in the 1st quarter. 17 Capital Partners LLC now owns 20,962 shares of the real estate investment trust’s stock valued at $93,000 after purchasing an additional 2,722 shares during the last quarter. Creative Planning raised its position in shares of Brandywine Realty Trust by 23.9% in the 2nd quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 2,749 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Brandywine Realty Trust by 3.2% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 99,210 shares of the real estate investment trust’s stock worth $426,000 after buying an additional 3,083 shares during the period. Truist Financial Corp boosted its holdings in Brandywine Realty Trust by 25.2% in the second quarter. Truist Financial Corp now owns 15,548 shares of the real estate investment trust’s stock valued at $67,000 after acquiring an additional 3,134 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its position in Brandywine Realty Trust by 1.3% during the second quarter. Asset Management One Co. Ltd. now owns 259,283 shares of the real estate investment trust’s stock valued at $1,112,000 after acquiring an additional 3,373 shares during the period. 87.27% of the stock is currently owned by hedge funds and other institutional investors.

Brandywine Realty Trust Trading Up 1.0%

Shares of BDN opened at $3.42 on Thursday. Brandywine Realty Trust has a one year low of $3.23 and a one year high of $5.90. The stock has a 50-day moving average price of $3.74 and a 200 day moving average price of $4.06. The company has a debt-to-equity ratio of 2.68, a quick ratio of 2.97 and a current ratio of 2.14. The company has a market capitalization of $593.18 million, a P/E ratio of -3.19 and a beta of 1.42.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Thursday, October 23rd. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The business had revenue of $121.42 million during the quarter, compared to analyst estimates of $119.11 million. Brandywine Realty Trust had a negative net margin of 38.03% and a negative return on equity of 19.55%. Sell-side analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Brandywine Realty Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were paid a dividend of $0.08 per share. The ex-dividend date was Thursday, October 9th. This represents a $0.32 annualized dividend and a yield of 9.4%. Brandywine Realty Trust’s payout ratio is presently -29.91%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on BDN shares. Wall Street Zen upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Brandywine Realty Trust in a research report on Monday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Brandywine Realty Trust in a research report on Wednesday, October 8th. Truist Financial downgraded shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $5.00 to $4.00 in a research note on Tuesday, September 16th. Finally, Evercore ISI cut their target price on shares of Brandywine Realty Trust from $5.00 to $4.00 and set an “in-line” rating on the stock in a research note on Friday, November 14th. Two research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Brandywine Realty Trust currently has an average rating of “Reduce” and an average price target of $4.00.

Insiders Place Their Bets

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney purchased 88,500 shares of Brandywine Realty Trust stock in a transaction dated Monday, November 10th. The shares were bought at an average cost of $3.38 per share, for a total transaction of $299,130.00. Following the transaction, the chief executive officer owned 3,042,210 shares in the company, valued at $10,282,669.80. This represents a 3.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James C. Diggs sold 23,190 shares of Brandywine Realty Trust stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $3.47, for a total transaction of $80,469.30. Following the completion of the transaction, the director directly owned 128,672 shares of the company’s stock, valued at $446,491.84. This trade represents a 15.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.30% of the stock is currently owned by corporate insiders.

Brandywine Realty Trust 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.