JPMorgan Chase & Co. Has $6.36 Million Stake in Brandywine Realty Trust $BDN

JPMorgan Chase & Co. grew its stake in Brandywine Realty Trust (NYSE:BDN) by 25.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,525,615 shares of the real estate investment trust’s stock after acquiring an additional 309,552 shares during the period. JPMorgan Chase & Co. owned 0.88% of Brandywine Realty Trust worth $6,362,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Investment Research Partners LLC acquired a new position in shares of Brandywine Realty Trust during the 3rd quarter worth approximately $184,000. Cambria Investment Management L.P. boosted its holdings in shares of Brandywine Realty Trust by 15.6% in the 3rd quarter. Cambria Investment Management L.P. now owns 133,526 shares of the real estate investment trust’s stock valued at $557,000 after buying an additional 18,040 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of Brandywine Realty Trust in the third quarter valued at $77,000. Advisory Services Network LLC bought a new position in shares of Brandywine Realty Trust in the third quarter valued at $34,000. Finally, CANADA LIFE ASSURANCE Co increased its holdings in Brandywine Realty Trust by 4.8% during the third quarter. CANADA LIFE ASSURANCE Co now owns 481,901 shares of the real estate investment trust’s stock worth $2,023,000 after buying an additional 22,245 shares during the last quarter. Institutional investors own 87.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BDN. Wall Street Zen lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Brandywine Realty Trust in a research note on Wednesday, January 21st. KeyCorp cut shares of Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a report on Thursday, December 4th. Finally, Citigroup reiterated a “sell” rating on shares of Brandywine Realty Trust in a research note on Tuesday, January 27th. Three investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $4.00.

Brandywine Realty Trust Price Performance

Shares of BDN opened at $2.71 on Wednesday. The company’s 50-day moving average is $3.00 and its 200-day moving average is $3.30. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $469.89 million, a PE ratio of -2.63 and a beta of 1.25. Brandywine Realty Trust has a fifty-two week low of $2.47 and a fifty-two week high of $4.63.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.36). The company had revenue of $120.95 million during the quarter, compared to analyst estimates of $117.68 million. Brandywine Realty Trust had a negative net margin of 36.79% and a negative return on equity of 20.20%. Equities analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Thursday, April 2nd will be given a $0.08 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $0.32 annualized dividend and a dividend yield of 11.8%. Brandywine Realty Trust’s dividend payout ratio is presently -31.07%.

About Brandywine Realty Trust

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.