LSV Asset Management Reduces Stock Holdings in Brandywine Realty Trust $BDN

LSV Asset Management reduced its stake in shares of Brandywine Realty Trust (NYSE:BDN) by 29.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,882,515 shares of the real estate investment trust’s stock after selling 781,588 shares during the quarter. LSV Asset Management owned 1.08% of Brandywine Realty Trust worth $5,497,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. AlphaCore Capital LLC purchased a new stake in shares of Brandywine Realty Trust during the 4th quarter valued at about $77,000. Pacific Ridge Capital Partners LLC raised its holdings in shares of Brandywine Realty Trust by 4.6% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 183,307 shares of the real estate investment trust’s stock valued at $535,000 after buying an additional 8,000 shares during the period. Versor Investments LP raised its holdings in shares of Brandywine Realty Trust by 38.5% during the 4th quarter. Versor Investments LP now owns 287,200 shares of the real estate investment trust’s stock valued at $839,000 after buying an additional 79,900 shares during the period. Wolverine Asset Management LLC raised its holdings in shares of Brandywine Realty Trust by 4.2% during the 4th quarter. Wolverine Asset Management LLC now owns 1,913,806 shares of the real estate investment trust’s stock valued at $5,588,000 after buying an additional 76,278 shares during the period. Finally, M&T Bank Corp acquired a new stake in Brandywine Realty Trust during the 4th quarter valued at approximately $57,000. 87.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Citigroup restated a “sell” rating on shares of Brandywine Realty Trust in a research note on Tuesday, January 27th. Wall Street Zen upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Truist Financial restated a “hold” rating and set a $3.00 price objective (down from $3.50) on shares of Brandywine Realty Trust in a research note on Monday, April 27th. Three equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $3.50.

Brandywine Realty Trust Price Performance

Shares of NYSE BDN opened at $3.01 on Wednesday. Brandywine Realty Trust has a fifty-two week low of $2.47 and a fifty-two week high of $4.63. The business has a 50 day moving average price of $2.87 and a two-hundred day moving average price of $3.03. 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 firm has a market cap of $522.87 million, a PE ratio of -2.62 and a beta of 1.30.

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

Brandywine Realty Trust 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.