Brandywine Realty Trust (NYSE:BDN) Rating Lowered to Sell at StockNews.com

Brandywine Realty Trust (NYSE:BDN - Get Free Report) was downgraded by StockNews.com from a "hold" rating to a "sell" rating in a research note issued to investors on Thursday.

Separately, Evercore ISI cut their price target on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an "in-line" rating on the stock in a research report on Thursday, February 6th.

Brandywine Realty Trust Stock Down 0.2 %

Shares of Brandywine Realty Trust stock traded down $0.01 on Thursday, hitting $4.05. The company had a trading volume of 3,192,617 shares, compared to its average volume of 1,989,470. The firm has a market capitalization of $700.81 million, a P/E ratio of -3.55 and a beta of 1.32. Brandywine Realty Trust has a twelve month low of $3.41 and a twelve month high of $6.54. The stock has a 50-day moving average of $4.25 and a 200-day moving average of $5.00. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.26 and a quick ratio of 1.74.

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

Insider Activity at Brandywine Realty Trust

In other news, CEO Gerard H. Sweeney bought 61,576 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average cost of $4.07 per share, for a total transaction of $250,614.32. Following the purchase, the chief executive officer now owns 2,949,092 shares of the company's stock, valued at approximately $12,002,804.44. This trade represents a 2.13 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 3.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Brandywine Realty Trust

Institutional investors have recently bought and sold shares of the business. O Shaughnessy Asset Management LLC boosted its stake in shares of Brandywine Realty Trust by 13.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 16,888 shares of the real estate investment trust's stock worth $95,000 after acquiring an additional 2,064 shares during the period. Pine Valley Investments Ltd Liability Co lifted its holdings in Brandywine Realty Trust by 13.1% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 18,914 shares of the real estate investment trust's stock valued at $106,000 after purchasing an additional 2,190 shares during the last quarter. Headlands Technologies LLC boosted its position in Brandywine Realty Trust by 64.1% during the fourth quarter. Headlands Technologies LLC now owns 6,247 shares of the real estate investment trust's stock worth $35,000 after purchasing an additional 2,441 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Brandywine Realty Trust by 5.6% in the fourth quarter. BNP Paribas Financial Markets now owns 63,060 shares of the real estate investment trust's stock valued at $353,000 after purchasing an additional 3,347 shares during the last quarter. Finally, Quantinno Capital Management LP raised its position in shares of Brandywine Realty Trust by 37.7% in the fourth quarter. Quantinno Capital Management LP now owns 15,770 shares of the real estate investment trust's stock valued at $88,000 after purchasing an additional 4,318 shares during the period. Institutional investors and hedge funds own 87.27% of the company's stock.

About Brandywine Realty Trust

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.