Brokerages Set Brandywine Realty Trust (NYSE:BDN) Target Price at $4.00

Shares of Brandywine Realty Trust (NYSE:BDN) have been assigned a consensus rating of “Reduce” from the six brokerages that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $4.00.

Several analysts have recently issued reports on BDN shares. KeyCorp cut shares of Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Citigroup reaffirmed a “sell” rating on shares of Brandywine Realty Trust in a research note on Tuesday, January 27th. Wall Street Zen lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 7th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Brandywine Realty Trust in a research note on Monday, November 24th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Brandywine Realty Trust in a research note on Wednesday, January 21st.

Brandywine Realty Trust Trading Down 0.2%

Shares of NYSE BDN opened at $3.22 on Tuesday. The company has a current ratio of 1.86, a quick ratio of 2.14 and a debt-to-equity ratio of 3.20. The stock has a market capitalization of $558.45 million, a PE ratio of -3.12 and a beta of 1.29. Brandywine Realty Trust has a twelve month low of $2.74 and a twelve month high of $5.09. The stock has a fifty day simple moving average of $3.02 and a 200-day simple moving average of $3.53.

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Thursday, April 2nd will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 10.0%. The ex-dividend date is Thursday, April 2nd. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -31.07%.

Institutional Trading of Brandywine Realty Trust

Large investors have recently made changes to their positions in the company. Kawa Capital Management Inc raised its holdings in Brandywine Realty Trust by 12.1% during the third quarter. Kawa Capital Management Inc now owns 3,923,145 shares of the real estate investment trust’s stock worth $16,360,000 after purchasing an additional 423,145 shares in the last quarter. Wolverine Asset Management LLC raised its stake in Brandywine Realty Trust by 72.7% during the 3rd quarter. Wolverine Asset Management LLC now owns 1,837,528 shares of the real estate investment trust’s stock worth $7,662,000 after acquiring an additional 773,270 shares in the last quarter. Allianz Asset Management GmbH lifted its position in Brandywine Realty Trust by 116.9% in the third quarter. Allianz Asset Management GmbH now owns 815,112 shares of the real estate investment trust’s stock valued at $3,399,000 after acquiring an additional 439,339 shares during the last quarter. Ethic Inc. boosted its stake in Brandywine Realty Trust by 10.6% in the second quarter. Ethic Inc. now owns 51,245 shares of the real estate investment trust’s stock valued at $218,000 after acquiring an additional 4,915 shares in the last quarter. Finally, Nordea Investment Management AB grew its holdings in shares of Brandywine Realty Trust by 18.6% during the third quarter. Nordea Investment Management AB now owns 1,716,155 shares of the real estate investment trust’s stock worth $7,113,000 after purchasing an additional 269,041 shares during the last quarter. 87.27% of the stock is currently owned by hedge funds and other 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.