Brandywine Realty Trust (BDN) Position Boosted by River Wealth Advisors LLC

River Wealth Advisors LLC increased its holdings in Brandywine Realty Trust (NYSE:BDN) by 4.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,427 shares of the real estate investment trust’s stock after buying an additional 4,880 shares during the quarter. River Wealth Advisors LLC owned about 0.06% of Brandywine Realty Trust worth $1,826,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. TIAA CREF Investment Management LLC grew its holdings in Brandywine Realty Trust by 35.0% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 414,481 shares of the real estate investment trust’s stock worth $7,266,000 after buying an additional 107,354 shares in the last quarter. Franklin Resources Inc. grew its holdings in Brandywine Realty Trust by 3.4% in the 2nd quarter. Franklin Resources Inc. now owns 5,346,730 shares of the real estate investment trust’s stock worth $93,728,000 after buying an additional 175,935 shares in the last quarter. Virginia Retirement Systems ET AL grew its holdings in Brandywine Realty Trust by 90.9% in the 2nd quarter. Virginia Retirement Systems ET AL now owns 114,900 shares of the real estate investment trust’s stock worth $2,014,000 after buying an additional 54,700 shares in the last quarter. Citigroup Inc. grew its holdings in Brandywine Realty Trust by 24.2% in the 2nd quarter. Citigroup Inc. now owns 171,626 shares of the real estate investment trust’s stock worth $3,009,000 after buying an additional 33,434 shares in the last quarter. Finally, Presima Inc. grew its holdings in Brandywine Realty Trust by 2.5% in the 2nd quarter. Presima Inc. now owns 177,400 shares of the real estate investment trust’s stock worth $3,110,000 after buying an additional 4,400 shares in the last quarter. 99.11% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have weighed in on BDN shares. BidaskClub downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. SunTrust Banks, Inc. restated a “buy” rating and issued a $18.00 target price on shares of Brandywine Realty Trust in a research report on Friday, October 20th. KeyCorp restated a “hold” rating on shares of Brandywine Realty Trust in a research report on Sunday, September 24th. ValuEngine upgraded Brandywine Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Zacks Investment Research downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $17.58.

Shares of Brandywine Realty Trust (NYSE BDN) traded up $0.08 during trading hours on Tuesday, hitting $17.75. The stock had a trading volume of 1,290,200 shares, compared to its average volume of 1,248,536. Brandywine Realty Trust has a one year low of $14.65 and a one year high of $18.18. The firm has a market cap of $3,100.69, a P/E ratio of 12.99, a PEG ratio of 2.67 and a beta of 1.04. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.83 and a quick ratio of 1.83.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings data on Wednesday, October 18th. The real estate investment trust reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.24). Brandywine Realty Trust had a net margin of 6.81% and a return on equity of 2.12%. The company had revenue of $128.43 million for the quarter, compared to analyst estimates of $131.16 million. During the same quarter last year, the company posted $0.33 EPS. Brandywine Realty Trust’s revenue was down 1.0% on a year-over-year basis. research analysts expect that Brandywine Realty Trust will post 1.32 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 18th. Stockholders of record on Wednesday, October 4th were given a dividend of $0.16 per share. The ex-dividend date was Tuesday, October 3rd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.61%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 400.03%.

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In other news, Director Wyche Fowler sold 1,824 shares of the stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $16.82, for a total transaction of $30,679.68. Following the completion of the sale, the director now owns 64,948 shares in the company, valued at approximately $1,092,425.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $17.41, for a total value of $87,050.00. Following the sale, the director now owns 60,237 shares of the company’s stock, valued at approximately $1,048,726.17. The disclosure for this sale can be found here. 1.76% of the stock is currently owned by corporate insiders.

Brandywine Realty Trust Company Profile

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC, Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs.

Institutional Ownership by Quarter for Brandywine Realty Trust (NYSE:BDN)

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