Brandywine Realty Trust (NYSE:BDN) Stock Rating Lowered by Wall Street Zen

Brandywine Realty Trust (NYSE:BDN) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Several other research firms have also issued reports on BDN. Weiss Ratings reissued a “sell (d-)” rating on shares of Brandywine Realty Trust in a research report on Friday. Truist Financial lowered Brandywine Realty Trust from a “buy” rating to a “hold” rating and dropped their price target for the company from $5.00 to $4.00 in a research report on Tuesday, September 16th. Finally, Evercore ISI upped their price target on Brandywine Realty Trust from $4.50 to $5.00 and gave the company an “in-line” rating in a research report on Monday, September 29th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $4.50.

Brandywine Realty Trust Stock Performance

Shares of BDN opened at $3.70 on Friday. The business’s 50 day moving average is $4.13 and its two-hundred day moving average is $4.14. Brandywine Realty Trust has a 52-week low of $3.41 and a 52-week high of $5.90. The firm has a market cap of $641.82 million, a price-to-earnings ratio of -3.45 and a beta of 1.45. The company has a quick ratio of 2.97, a current ratio of 2.14 and a debt-to-equity ratio of 2.68.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Wednesday, October 22nd. 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%. Brandywine Realty Trust has set its FY 2025 guidance at 0.510-0.530 EPS. Analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BDN. Wolverine Asset Management LLC bought a new position in Brandywine Realty Trust during the 2nd quarter worth $4,566,000. Invesco Ltd. grew its stake in Brandywine Realty Trust by 30.4% during the 2nd quarter. Invesco Ltd. now owns 4,547,731 shares of the real estate investment trust’s stock worth $19,510,000 after buying an additional 1,059,054 shares during the last quarter. Kawa Capital Management Inc grew its stake in Brandywine Realty Trust by 16.7% during the 2nd quarter. Kawa Capital Management Inc now owns 3,500,000 shares of the real estate investment trust’s stock worth $15,015,000 after buying an additional 500,000 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Brandywine Realty Trust by 95.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 829,246 shares of the real estate investment trust’s stock worth $3,557,000 after buying an additional 405,447 shares during the last quarter. Finally, Caxton Associates LLP bought a new position in Brandywine Realty Trust during the 1st quarter worth $1,418,000. 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.