Brandywine Realty Trust (NYSE:BDN) Lowered to “Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of Brandywine Realty Trust (NYSE:BDN) from a hold rating to a sell rating in a report published on Saturday.

Several other equities analysts also recently commented on the stock. Truist Financial reissued a “hold” rating and issued a $3.00 target price (down from $3.50) on shares of Brandywine Realty Trust in a report on Monday, April 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Brandywine Realty Trust in a report on Wednesday. Three research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Brandywine Realty Trust presently has an average rating of “Reduce” and a consensus target price of $3.50.

Brandywine Realty Trust Price Performance

Shares of Brandywine Realty Trust stock opened at $3.15 on Friday. The company has a market capitalization of $546.32 million, a price-to-earnings ratio of -2.73 and a beta of 1.29. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 3.55. The stock’s 50-day simple moving average is $3.12 and its 200-day simple moving average is $3.01. Brandywine Realty Trust has a 52 week low of $2.47 and a 52 week high of $4.63.

Brandywine Realty Trust (NYSE:BDN) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.10). Brandywine Realty Trust had a negative net margin of 40.79% and a negative return on equity of 24.45%. The business had revenue of $127.00 million for the quarter, compared to the consensus estimate of $110.27 million. As a group, analysts expect that Brandywine Realty Trust will post 0.56 earnings per share for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 10.2%. The ex-dividend date is Wednesday, July 8th. Brandywine Realty Trust’s dividend payout ratio is presently -27.83%.

Institutional Investors Weigh In On Brandywine Realty Trust

Institutional investors and hedge funds have recently modified their holdings of the business. Essential Partners LLC grew its position in Brandywine Realty Trust by 497.2% in the 1st quarter. Essential Partners LLC now owns 10,301 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 8,576 shares during the last quarter. HB Wealth Management LLC bought a new stake in shares of Brandywine Realty Trust during the first quarter worth $33,000. Cibc World Markets Corp bought a new stake in shares of Brandywine Realty Trust during the fourth quarter worth $33,000. Advisory Services Network LLC purchased a new stake in shares of Brandywine Realty Trust during the third quarter valued at $34,000. Finally, Kovack Advisors Inc. purchased a new stake in shares of Brandywine Realty Trust during the fourth quarter valued at $40,000. 87.27% of the stock is owned by institutional investors.

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.