Gerard H. Sweeney Sells 10,068 Shares of Brandywine Realty Trust (NYSE:BDN) Stock

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Brandywine Realty Trust (NYSE:BDN) CEO Gerard H. Sweeney sold 10,068 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $15.50, for a total transaction of $156,054.00. Following the transaction, the chief executive officer now directly owns 1,319,652 shares in the company, valued at $20,454,606. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Gerard H. Sweeney also recently made the following trade(s):

  • On Wednesday, November 6th, Gerard H. Sweeney sold 115,885 shares of Brandywine Realty Trust stock. The stock was sold at an average price of $15.22, for a total transaction of $1,763,769.70.

BDN opened at $15.43 on Monday. The stock has a market capitalization of $2.72 billion, a PE ratio of 10.94, a P/E/G ratio of 3.47 and a beta of 0.91. The firm’s fifty day moving average price is $15.05 and its 200 day moving average price is $14.83. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.78 and a quick ratio of 1.78. Brandywine Realty Trust has a 12-month low of $12.32 and a 12-month high of $16.18.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings results on Thursday, October 17th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.32). The company had revenue of $145.33 million during the quarter, compared to analyst estimates of $143.24 million. Brandywine Realty Trust had a net margin of 24.28% and a return on equity of 7.89%. The company’s revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.35 earnings per share. On average, equities research analysts forecast that Brandywine Realty Trust will post 1.41 earnings per share for the current fiscal year.

Several research firms recently issued reports on BDN. Barclays set a $19.00 price target on shares of Brandywine Realty Trust and gave the company a “buy” rating in a report on Friday, October 11th. Zacks Investment Research cut shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, September 24th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $16.88.

Large investors have recently modified their holdings of the business. CWM LLC acquired a new stake in shares of Brandywine Realty Trust during the third quarter worth $36,000. Quest Capital Management Inc. ADV acquired a new stake in shares of Brandywine Realty Trust during the third quarter worth $36,000. Riverhead Capital Management LLC acquired a new stake in shares of Brandywine Realty Trust during the second quarter worth $40,000. Point72 Asset Management L.P. acquired a new stake in shares of Brandywine Realty Trust during the second quarter worth $53,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of Brandywine Realty Trust during the second quarter worth $68,000. 98.82% of the stock is currently owned by institutional investors.

Brandywine Realty Trust Company 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, Washington, DC, 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 181 properties and 24.8 million square feet as of December 31, 2018, which excludes assets held for sale.

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Insider Buying and Selling by Quarter for Brandywine Realty Trust (NYSE:BDN)

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