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.
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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