Bank of New York Mellon Corp Sells 378,259 Shares of Brandywine Realty Trust $BDN

Key Points

• Bank of New York Mellon cut its Brandywine Realty Trust stake by 33.6%, selling 378,259 shares and retaining 747,336 shares valued at approximately $2.03 million. Institutional investors collectively own 87.27% of BDN.
• Analyst sentiment remains cautious: BDN has an average “Reduce” rating, with three Holds and three Sells, while Truist lowered its price target to $3.00. The average analyst target is $3.50.
• Brandywine reported quarterly revenue of $128.92 million and adjusted earnings in line with estimates at a loss of $0.18 per share. The REIT maintained its quarterly dividend at $0.08 per share, representing a 10% annualized yield.

Bank of New York Mellon Corp cut its holdings in Brandywine Realty Trust (NYSE:BDN - Free Report) by 33.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 747,336 shares of the real estate investment trust's stock after selling 378,259 shares during the period. Bank of New York Mellon Corp owned approximately 0.43% of Brandywine Realty Trust worth $2,025,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Hsbc Holdings PLC increased its stake in shares of Brandywine Realty Trust by 68.1% in the 1st quarter. Hsbc Holdings PLC now owns 778,782 shares of the real estate investment trust's stock valued at $2,087,000 after acquiring an additional 315,512 shares in the last quarter. Resona Asset Management Co. Ltd. boosted its position in shares of Brandywine Realty Trust by 8.7% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 78,449 shares of the real estate investment trust's stock worth $206,000 after purchasing an additional 6,308 shares in the last quarter. HB Wealth Management LLC bought a new stake in Brandywine Realty Trust in the 1st quarter valued at about $33,000. Inspire Investing LLC boosted its holdings in Brandywine Realty Trust by 19.6% in the first quarter. Inspire Investing LLC now owns 191,648 shares of the real estate investment trust's stock worth $519,000 after acquiring an additional 31,346 shares in the last quarter. Finally, Verus Financial Partners Inc. increased its holdings in shares of Brandywine Realty Trust by 2.9% during the first quarter. Verus Financial Partners Inc. now owns 260,694 shares of the real estate investment trust's stock valued at $738,000 after acquiring an additional 7,345 shares in the last quarter. Institutional investors and hedge funds own 87.27% of the company's stock.

Analysts Set New Price Targets

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

Brandywine Realty Trust Trading Down 0.2%

Shares of Brandywine Realty Trust stock opened at $3.21 on Monday. The firm has a market cap of $561.27 million, a PE ratio of -3.92 and a beta of 1.29. Brandywine Realty Trust has a 1 year low of $2.47 and a 1 year high of $4.63. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.67 and a quick ratio of 1.67. The stock has a fifty day moving average price of $3.15 and a 200-day moving average price of $3.03.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported ($0.18) earnings per share for the quarter, meeting the consensus estimate of ($0.18). The company had revenue of $128.92 million during the quarter, compared to analyst estimates 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 quarter in the prior year, the business earned ($0.51) earnings per share. Brandywine Realty Trust has set its FY 2026 guidance at 0.530-0.570 EPS. Equities research analysts anticipate that Brandywine Realty Trust will post 0.56 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Wednesday, July 8th were issued 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 10.0%. Brandywine Realty Trust's dividend payout ratio (DPR) is -39.02%.

About Brandywine Realty Trust

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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