Brandywine Realty Trust (NYSE:BDN) Shares Acquired by Sterling Capital Management LLC

Sterling Capital Management LLC boosted its holdings in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 28,487.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,385 shares of the real estate investment trust's stock after acquiring an additional 171,782 shares during the period. Sterling Capital Management LLC owned about 0.10% of Brandywine Realty Trust worth $965,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings 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 valued at $159,620,000 after buying an additional 1,459,236 shares during the period. State Street Corp increased its position in shares of Brandywine Realty Trust by 2.2% in the 3rd quarter. State Street Corp now owns 10,272,055 shares of the real estate investment trust's stock valued at $55,880,000 after acquiring an additional 218,444 shares during the period. Yeomans Consulting Group Inc. purchased a new position in shares of Brandywine Realty Trust in the fourth quarter worth about $16,617,000. Invesco Ltd. boosted its holdings in shares of Brandywine Realty Trust by 193.7% in the 4th quarter. Invesco Ltd. now owns 2,812,200 shares of the real estate investment trust's stock valued at $15,748,000 after acquiring an additional 1,854,749 shares during the last quarter. Finally, Kawa Capital Management Inc acquired a new stake in Brandywine Realty Trust during the 4th quarter worth about $14,713,000. Hedge funds and other institutional investors own 87.27% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on BDN shares. Evercore ISI dropped 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. StockNews.com lowered Brandywine Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, February 6th.

Brandywine Realty Trust Price Performance

NYSE BDN traded down $0.04 during trading hours on Monday, hitting $3.75. 258,251 shares of the company's stock traded hands, compared to its average volume of 1,950,054. The company has a market capitalization of $648.15 million, a PE ratio of -3.28 and a beta of 1.32. 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 has a 52-week low of $3.41 and a 52-week high of $6.54. The firm's 50-day moving average is $4.43 and its 200-day moving average is $5.11.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, beating the consensus estimate of $0.01 by $0.16. Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. Equities analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, April 3rd were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 16.02%. The ex-dividend date of this dividend was Thursday, April 3rd. Brandywine Realty Trust's payout ratio is -52.63%.

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.