Principal Financial Group Inc. Sells 817,460 Shares of Brandywine Realty Trust $BDN

Principal Financial Group Inc. lowered its holdings in Brandywine Realty Trust (NYSE:BDN) by 65.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 436,874 shares of the real estate investment trust’s stock after selling 817,460 shares during the period. Principal Financial Group Inc.’s holdings in Brandywine Realty Trust were worth $1,184,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Invesco Ltd. grew its position in shares of Brandywine Realty Trust by 20.8% in the 3rd quarter. Invesco Ltd. now owns 5,492,657 shares of the real estate investment trust’s stock worth $22,904,000 after buying an additional 944,926 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Brandywine Realty Trust by 12.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,488,275 shares of the real estate investment trust’s stock valued at $16,026,000 after acquiring an additional 617,008 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Brandywine Realty Trust by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 4,635,453 shares of the real estate investment trust’s stock valued at $13,537,000 after acquiring an additional 92,436 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Brandywine Realty Trust by 171.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,925,736 shares of the real estate investment trust’s stock worth $8,543,000 after acquiring an additional 1,849,532 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Brandywine Realty Trust by 7.5% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,804,116 shares of the real estate investment trust’s stock worth $11,693,000 after acquiring an additional 195,429 shares during the period. Hedge funds and other institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Price Performance

Shares of BDN stock opened at $3.04 on Friday. The stock has a market cap of $531.60 million, a price-to-earnings ratio of -3.71 and a beta of 1.29. The business’s fifty day moving average is $3.13 and its 200 day moving average is $3.02. Brandywine Realty Trust has a twelve month low of $2.47 and a twelve month high of $4.63. The company has a quick ratio of 1.93, a current ratio of 1.67 and a debt-to-equity ratio of 3.76.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Wednesday, July 22nd. The real estate investment trust reported ($0.18) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.18). The business had revenue of $128.92 million during the quarter, compared to the consensus estimate of $113.04 million. Brandywine Realty Trust had a negative return on equity of 18.52% and a negative net margin of 28.62%.During the same quarter in the prior year, the company earned ($0.51) earnings per share. Brandywine Realty Trust has set its FY 2026 guidance at 0.530-0.570 EPS. Research analysts expect that Brandywine Realty Trust will post 0.56 EPS for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 10.5%. The ex-dividend date was Wednesday, July 8th. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -39.02%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BDN. Weiss Ratings reissued a “sell (d-)” rating on shares of Brandywine Realty Trust in a research report on Wednesday, July 15th. Truist Financial restated a “hold” rating and issued a $3.00 price objective (down from $3.50) on shares of Brandywine Realty Trust in a report on Monday, April 27th. Finally, Wall Street Zen raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Sunday, July 26th. Three analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $3.50.

Brandywine Realty Trust Company Profile

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high?quality, transit?oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live?work?play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.