Brandywine Realty Trust (NYSE:BDN) Share Price Passes Above 200 Day Moving Average - Time to Sell?

Key Points

• BDN shares moved above their 200-day moving average, reaching $3.09 and last trading at $3.075, up 3.2%.
• Analyst sentiment remains cautious: three analysts rate the stock Hold and three rate it Sell, producing a consensus “Reduce” rating and an average price target of $3.50.
• The REIT reported quarterly revenue of $128.92 million and EPS of negative $0.18, while maintaining a quarterly dividend of $0.08, equivalent to a 10.4% annualized yield; institutional investors own 87.27% of shares.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.03 and traded as high as $3.09. Brandywine Realty Trust shares last traded at $3.0750, with a volume of 1,418,947 shares.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Wall Street Zen raised Brandywine Realty Trust from a "sell" rating to a "hold" rating in a research note on Sunday, July 26th. Truist Financial reaffirmed a "hold" rating and issued a $3.00 price objective (down from $3.50) on shares of Brandywine Realty Trust in a research report on Monday, April 27th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Brandywine Realty Trust in a research note on Wednesday, July 15th. Three research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Brandywine Realty Trust has a consensus rating of "Reduce" and an average price target of $3.50.

Brandywine Realty Trust Stock Up 3.2%

The company has a market cap of $536.83 million, a P/E ratio of -3.75 and a beta of 1.29. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.67 and a current ratio of 1.67. The business's fifty day moving average is $3.14 and its two-hundred day moving average is $3.03.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported ($0.18) EPS for the quarter, hitting analysts' consensus estimates of ($0.18). The business had revenue of $128.92 million for the quarter, compared to the consensus estimate of $113.04 million. Brandywine Realty Trust had a negative net margin of 28.62% and a negative return on equity of 18.52%. During the same period in the prior year, the firm earned ($0.51) EPS. Equities analysts predict that Brandywine Realty Trust will post 0.56 EPS for the current year.

Brandywine Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were paid a $0.08 dividend. The ex-dividend date of this dividend was Wednesday, July 8th. This represents a $0.32 annualized dividend and a yield of 10.4%. Brandywine Realty Trust's dividend payout ratio is -39.02%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BDN. Invesco Ltd. lifted its holdings in shares of Brandywine Realty Trust by 20.8% in the 3rd quarter. Invesco Ltd. now owns 5,492,657 shares of the real estate investment trust's stock worth $22,904,000 after buying an additional 944,926 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Brandywine Realty Trust by 12.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,488,275 shares of the real estate investment trust's stock worth $16,026,000 after buying an additional 617,008 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Brandywine Realty Trust by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 4,635,453 shares of the real estate investment trust's stock valued at $13,537,000 after buying an additional 92,436 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Brandywine Realty Trust by 171.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,925,736 shares of the real estate investment trust's stock valued at $8,543,000 after buying an additional 1,849,532 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Brandywine Realty Trust by 7.5% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,804,116 shares of the real estate investment trust's stock valued at $11,693,000 after acquiring an additional 195,429 shares in the last quarter. 87.27% of the stock is currently owned by hedge funds and other institutional investors.

Brandywine Realty Trust Company Profile

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.

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