Brandywine Realty Trust (NYSE:BDN) Rating Increased to Hold at Wall Street Zen

Brandywine Realty Trust (NYSE:BDN - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Saturday.

A number of other research analysts have also issued reports on BDN. Truist Financial reiterated a "hold" rating and set a $3.00 price target (down from $3.50) on shares of Brandywine Realty Trust in a research report on Monday, April 27th. Citigroup reiterated a "sell" rating on shares of Brandywine Realty Trust in a research report on Tuesday, January 27th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Brandywine Realty Trust in a research report on Wednesday, January 21st. Three research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus target price of $3.50.

Brandywine Realty Trust Trading Down 0.2%

Shares of BDN stock opened at $3.11 on Friday. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.86 and a current ratio of 1.93. Brandywine Realty Trust has a 1 year low of $2.47 and a 1 year high of $4.63. The stock has a fifty day moving average of $2.89 and a two-hundred day moving average of $3.08. The firm has a market capitalization of $539.37 million, a PE ratio of -2.70 and a beta of 1.30.

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

Institutional Trading of Brandywine Realty Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Creative Planning raised its stake in shares of Brandywine Realty Trust by 23.9% in the 2nd quarter. Creative Planning now owns 14,244 shares of the real estate investment trust's stock worth $61,000 after buying an additional 2,749 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Brandywine Realty Trust by 4.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 62,773 shares of the real estate investment trust's stock worth $269,000 after acquiring an additional 2,781 shares during the last quarter. CWM LLC grew its holdings in shares of Brandywine Realty Trust by 11.1% in the 3rd quarter. CWM LLC now owns 28,721 shares of the real estate investment trust's stock worth $120,000 after acquiring an additional 2,873 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Brandywine Realty Trust by 12.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 26,897 shares of the real estate investment trust's stock worth $105,000 after acquiring an additional 3,029 shares during the last quarter. Finally, Amundi grew its holdings in shares of Brandywine Realty Trust by 3.3% in the 3rd quarter. Amundi now owns 115,635 shares of the real estate investment trust's stock worth $459,000 after acquiring an additional 3,653 shares during the last quarter. Institutional investors own 87.27% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.