Dimensional Fund Advisors LP Sells 245,781 Shares of Brandywine Realty Trust (NYSE:BDN)

Dimensional Fund Advisors LP lowered its holdings in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 9.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,328,191 shares of the real estate investment trust's stock after selling 245,781 shares during the period. Dimensional Fund Advisors LP owned approximately 1.35% of Brandywine Realty Trust worth $13,038,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. O Shaughnessy Asset Management LLC lifted its stake in Brandywine Realty Trust by 13.9% in the fourth 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 increased its holdings in shares of Brandywine Realty Trust by 13.1% in 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 acquiring an additional 2,190 shares during the period. Headlands Technologies LLC raised its position in Brandywine Realty Trust by 64.1% during the 4th quarter. Headlands Technologies LLC now owns 6,247 shares of the real estate investment trust's stock worth $35,000 after buying an additional 2,441 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Brandywine Realty Trust in the fourth quarter valued at about $26,000. Finally, 17 Capital Partners LLC boosted its stake in Brandywine Realty Trust by 37.7% during the fourth quarter. 17 Capital Partners LLC now owns 18,240 shares of the real estate investment trust's stock worth $102,000 after buying an additional 4,991 shares during the period. 87.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Brandywine Realty Trust

In related news, CEO Gerard H. Sweeney purchased 61,576 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was bought 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 owns 2,949,092 shares in the company, valued at $12,002,804.44. The trade was a 2.13% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.30% of the stock is owned by corporate insiders.

Brandywine Realty Trust Stock Up 0.2%

Shares of BDN traded up $0.01 during trading hours on Tuesday, hitting $4.26. The company had a trading volume of 1,502,002 shares, compared to its average volume of 2,018,982. Brandywine Realty Trust has a one year low of $3.41 and a one year high of $6.54. The company has a market capitalization of $736.77 million, a PE ratio of -3.74 and a beta of 1.39. The company's fifty day moving average price is $4.16 and its two-hundred day moving average price is $4.91. The company has a current ratio of 2.26, a quick ratio of 1.74 and a debt-to-equity ratio of 2.12.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $114.43 million for the quarter, compared to analyst estimates of $119.45 million. As a group, equities analysts forecast that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a $0.60 annualized dividend and a yield of 14.08%. Brandywine Realty Trust's payout ratio is -50.00%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. StockNews.com downgraded Brandywine Realty Trust from a "hold" rating to a "sell" rating in a research report on Thursday, May 1st. Evercore ISI lowered their target price on 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.

Brandywine Realty Trust Company Profile

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.