Brevan Howard Capital Management LP Acquires Shares of 85,295 Brandywine Realty Trust (NYSE:BDN)

Brevan Howard Capital Management LP bought a new stake in Brandywine Realty Trust (NYSE:BDN - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 85,295 shares of the real estate investment trust's stock, valued at approximately $478,000.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its position in Brandywine Realty Trust by 5.4% during the fourth quarter. Vanguard Group Inc. now owns 28,503,532 shares of the real estate investment trust's stock worth $159,620,000 after acquiring an additional 1,459,236 shares during the last quarter. Franklin Resources Inc. boosted its position in Brandywine Realty Trust by 222.4% during the third quarter. Franklin Resources Inc. now owns 179,554 shares of the real estate investment trust's stock worth $1,072,000 after acquiring an additional 123,856 shares during the last quarter. Barclays PLC boosted its position in Brandywine Realty Trust by 91.8% during the third quarter. Barclays PLC now owns 460,039 shares of the real estate investment trust's stock worth $2,502,000 after acquiring an additional 220,176 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in Brandywine Realty Trust by 42.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 668,148 shares of the real estate investment trust's stock worth $3,743,000 after acquiring an additional 200,067 shares during the last quarter. Finally, Yeomans Consulting Group Inc. acquired a new position in Brandywine Realty Trust during the fourth quarter worth about $16,617,000. Institutional investors and hedge funds own 87.27% of the company's stock.

Insider Activity

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney bought 61,576 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The shares were purchased at an average cost of $4.07 per share, with a total value of $250,614.32. Following the purchase, the chief executive officer now directly owns 2,949,092 shares in the company, valued at approximately $12,002,804.44. This represents a 2.13% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 3.30% of the company's stock.

Brandywine Realty Trust Trading Up 2.8%

Shares of Brandywine Realty Trust stock traded up $0.12 on Thursday, reaching $4.29. The company had a trading volume of 551,713 shares, compared to its average volume of 2,020,623. The firm's 50 day moving average price is $4.14 and its two-hundred day moving average price is $4.90. The firm has a market cap of $741.10 million, a PE ratio of -3.76 and a beta of 1.39. Brandywine Realty Trust has a 52-week low of $3.41 and a 52-week high of $6.54. The company has a debt-to-equity ratio of 2.12, a quick ratio of 1.74 and a current ratio of 2.26.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). The company had revenue of $114.43 million during the quarter, compared to analysts' expectations of $119.45 million. Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. Sell-side analysts predict that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Thursday, April 3rd were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 14.00%. The ex-dividend date of this dividend was Thursday, April 3rd. Brandywine Realty Trust's dividend payout ratio (DPR) is -50.00%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. StockNews.com lowered shares of Brandywine Realty Trust from a "hold" rating to a "sell" rating in a research report on Thursday, May 1st. Evercore ISI reduced their target price on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an "in-line" rating on the stock in a research note on Thursday, February 6th.

Brandywine Realty Trust 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 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 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.