Caxton Associates LP Sells 291,450 Shares of Brandywine Realty Trust (NYSE:BDN)

Caxton Associates LP lessened its stake in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 81.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,918 shares of the real estate investment trust's stock after selling 291,450 shares during the quarter. Caxton Associates LP's holdings in Brandywine Realty Trust were worth $369,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. increased its holdings in Brandywine Realty Trust by 5.4% during the 4th quarter. Vanguard Group Inc. now owns 28,503,532 shares of the real estate investment trust's stock valued at $159,620,000 after purchasing an additional 1,459,236 shares in the last quarter. Yeomans Consulting Group Inc. acquired a new stake in Brandywine Realty Trust during the 4th quarter valued at $16,617,000. Invesco Ltd. raised its holdings in 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 period. Kawa Capital Management Inc bought a new stake in Brandywine Realty Trust in the 4th quarter valued at $14,713,000. Finally, Northern Trust Corp boosted its stake in shares of Brandywine Realty Trust by 19.7% in the fourth quarter. Northern Trust Corp now owns 2,501,798 shares of the real estate investment trust's stock valued at $14,010,000 after buying an additional 411,003 shares during the period. Institutional investors own 87.27% of the company's stock.

Brandywine Realty Trust Price Performance

Shares of NYSE BDN traded up $0.01 during midday trading on Tuesday, reaching $4.26. 596,632 shares of the company were exchanged, compared to its average volume of 2,015,422. Brandywine Realty Trust has a one year low of $3.41 and a one year high of $6.54. The stock's 50-day moving average price is $4.16 and its 200-day moving average price is $4.91. The company has a quick ratio of 1.74, a current ratio of 2.26 and a debt-to-equity ratio of 2.12. The stock has a market cap of $736.77 million, a P/E ratio of -3.74 and a beta of 1.39.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. The firm had revenue of $114.43 million during the quarter, compared to analyst estimates of $119.45 million. On average, sell-side analysts anticipate 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 disclosed 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 annualized dividend and a dividend yield of 14.08%. The ex-dividend date was Thursday, April 3rd. Brandywine Realty Trust's dividend payout ratio (DPR) is presently -50.00%.

Insider Buying and Selling at Brandywine Realty Trust

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney purchased 61,576 shares of the stock in a transaction on Friday, May 2nd. The shares were purchased at an average price of $4.07 per share, with a total value of $250,614.32. Following the acquisition, the chief executive officer now directly owns 2,949,092 shares in the company, valued at approximately $12,002,804.44. The trade was a 2.13% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 3.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Evercore ISI reduced their price objective 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. StockNews.com cut Brandywine Realty Trust from a "hold" rating to a "sell" rating in a report on Thursday, May 1st.

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.