Invesco Ltd. Has $15.56 Million Stock Holdings in Brandywine Realty Trust $BDN

Key Points

• Invesco Ltd. increased its stake in Brandywine Realty Trust by 24.1%, owning 3,488,677 shares valued at approximately $15.56 million.
• Brandywine Realty Trust reported a net loss with an EPS of $0.15 for the last quarter, falling short of the expected $0.17.
• The stock currently has an average rating of "Hold" with a price target of $5.00, according to recent analyst revisions.

Invesco Ltd. grew its position in Brandywine Realty Trust (NYSE:BDN - Free Report) by 24.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,488,677 shares of the real estate investment trust's stock after purchasing an additional 676,477 shares during the quarter. Invesco Ltd. owned approximately 2.02% of Brandywine Realty Trust worth $15,559,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets raised its position in shares of Brandywine Realty Trust by 5.6% in the fourth quarter. BNP Paribas Financial Markets now owns 63,060 shares of the real estate investment trust's stock valued at $353,000 after purchasing an additional 3,347 shares during the period. Quantinno Capital Management LP raised its position in shares of Brandywine Realty Trust by 37.7% in the fourth quarter. Quantinno Capital Management LP now owns 15,770 shares of the real estate investment trust's stock valued at $88,000 after purchasing an additional 4,318 shares during the period. Hsbc Holdings PLC raised its position in shares of Brandywine Realty Trust by 3.0% in the fourth quarter. Hsbc Holdings PLC now owns 164,624 shares of the real estate investment trust's stock valued at $922,000 after purchasing an additional 4,734 shares during the period. Private Advisor Group LLC raised its position in shares of Brandywine Realty Trust by 48.3% in the first quarter. Private Advisor Group LLC now owns 16,499 shares of the real estate investment trust's stock valued at $74,000 after purchasing an additional 5,370 shares during the period. Finally, Alps Advisors Inc. raised its position in shares of Brandywine Realty Trust by 10.1% in the first quarter. Alps Advisors Inc. now owns 59,400 shares of the real estate investment trust's stock valued at $265,000 after purchasing an additional 5,434 shares during the period. Institutional investors own 87.27% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Brandywine Realty Trust from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $5.00.

Brandywine Realty Trust Stock Performance

NYSE:BDN traded up $0.02 during trading hours on Thursday, hitting $4.23. 1,276,900 shares of the company traded hands, compared to its average volume of 2,504,083. The stock has a market capitalization of $733.88 million, a price-to-earnings ratio of -2.25 and a beta of 1.43. Brandywine Realty Trust has a twelve month low of $3.41 and a twelve month high of $6.54. The firm has a 50-day moving average of $4.13 and a 200 day moving average of $4.27. The company has a current ratio of 2.97, a quick ratio of 2.97 and a debt-to-equity ratio of 2.61.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last released its earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.15 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 company had revenue of $114.20 million for 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. On average, analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current year.

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.