Deutsche Bank AG Cuts Holdings in Brandywine Realty Trust $BDN

Key Points

• Deutsche Bank AG has reduced its stake in Brandywine Realty Trust by 27.9%, selling 86,175 shares during the first quarter, leaving it with about 0.13% of the company's shares, valued at $993,000.
• Simultaneously, other institutional investors have increased their holdings significantly, with Allspring Global Investments increasing its stake by 42.2% to hold 950,179 shares.
• Brandywine Realty Trust's stock recently received an upgrade from a “sell” to a “hold” rating, although it missed earnings expectations with a net margin of -65.33% for the last quarter.

Deutsche Bank AG lowered its stake in Brandywine Realty Trust (NYSE:BDN - Free Report) by 27.9% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 222,565 shares of the real estate investment trust's stock after selling 86,175 shares during the quarter. Deutsche Bank AG owned approximately 0.13% of Brandywine Realty Trust worth $993,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its stake in Brandywine Realty Trust by 42.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 950,179 shares of the real estate investment trust's stock valued at $4,238,000 after buying an additional 282,031 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Brandywine Realty Trust by 119.7% during the 1st quarter. Concurrent Investment Advisors LLC now owns 55,105 shares of the real estate investment trust's stock worth $246,000 after purchasing an additional 30,028 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Brandywine Realty Trust by 89.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 24,714 shares of the real estate investment trust's stock worth $110,000 after purchasing an additional 11,684 shares during the period. Lighthouse Investment Partners LLC purchased a new position in shares of Brandywine Realty Trust during the 4th quarter worth $6,848,000. Finally, Nuveen Asset Management LLC lifted its stake in shares of Brandywine Realty Trust by 39.0% during the 4th quarter. Nuveen Asset Management LLC now owns 673,737 shares of the real estate investment trust's stock worth $3,773,000 after purchasing an additional 189,143 shares during the period. Hedge funds and other institutional investors own 87.27% of the company's stock.

Brandywine Realty Trust Trading Up 1.1%

Shares of BDN traded up $0.05 during trading hours on Friday, hitting $4.27. The stock had a trading volume of 1,843,187 shares, compared to its average volume of 2,446,826. The company has a debt-to-equity ratio of 2.61, a quick ratio of 2.97 and a current ratio of 2.97. The firm has a market cap of $740.83 million, a P/E ratio of -2.27 and a beta of 1.43. The company's fifty day simple moving average is $4.13 and its 200 day simple moving average is $4.26. Brandywine Realty Trust has a 12-month low of $3.41 and a 12-month high of $6.54.

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

Analyst Upgrades and Downgrades

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