Caxton Associates LLP Acquires New Holdings in Brandywine Realty Trust $BDN

Key Points

• Caxton Associates LLP has acquired 317,913 shares of Brandywine Realty Trust for approximately $1.4 million, representing a 0.18% stake in the company.
• Brandywine Realty Trust reported a revenue of $114.20 million for the last quarter, missing analysts' expectations, and has set FY 2025 earnings guidance at $0.600-0.660 EPS.
• Wall Street analysts have upgraded Brandywine Realty Trust from a "sell" to a "hold" rating, with an average target price of $5.00.

Caxton Associates LLP acquired a new position in Brandywine Realty Trust (NYSE:BDN - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 317,913 shares of the real estate investment trust's stock, valued at approximately $1,418,000. Caxton Associates LLP owned 0.18% of Brandywine Realty Trust as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BDN. Millennium Management LLC increased its position in Brandywine Realty Trust by 91.2% in the fourth quarter. Millennium Management LLC now owns 2,644,898 shares of the real estate investment trust's stock worth $14,811,000 after purchasing an additional 1,261,752 shares during the period. Lighthouse Investment Partners LLC acquired a new stake in Brandywine Realty Trust in the fourth quarter worth about $6,848,000. Invesco Ltd. increased its position in Brandywine Realty Trust by 24.1% in the first quarter. Invesco Ltd. now owns 3,488,677 shares of the real estate investment trust's stock worth $15,559,000 after purchasing an additional 676,477 shares during the period. Northern Trust Corp grew its position in shares of Brandywine Realty Trust by 19.7% during the 4th quarter. Northern Trust Corp now owns 2,501,798 shares of the real estate investment trust's stock worth $14,010,000 after buying an additional 411,003 shares during the period. Finally, Employees Retirement System of Texas acquired a new position in shares of Brandywine Realty Trust during the 4th quarter worth about $2,240,000. 87.27% of the stock is currently owned by institutional investors and hedge funds.

Brandywine Realty Trust Trading Up 0.9%

Shares of Brandywine Realty Trust stock traded up $0.04 during trading on Friday, hitting $4.54. 1,063,984 shares of the company were exchanged, compared to its average volume of 1,964,206. The firm has a market capitalization of $788.59 million, a P/E ratio of -2.41 and a beta of 1.46. Brandywine Realty Trust has a 1-year low of $3.41 and a 1-year high of $6.54. The firm's fifty day moving average price is $4.16 and its 200 day moving average price is $4.23. The company has a debt-to-equity ratio of 2.61, a current ratio of 2.97 and a quick ratio of 2.97.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.02). Brandywine Realty Trust had a negative net margin of 65.33% and a negative return on equity of 32.12%. The business had revenue of $114.20 million during the quarter, compared to analyst estimates of $120.66 million. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. As a group, sell-side analysts expect that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Brandywine Realty Trust from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $5.00.

Brandywine Realty Trust 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.