Goldman Sachs Group Inc. Has $4.56 Million Stock Holdings in Brandywine Realty Trust $BDN

Key Points

• Goldman Sachs Group Inc. has reduced its stake in Brandywine Realty Trust to 1,021,378 shares, valuing approximately $4.56 million, representing a decrease of 5.9% in the first quarter.
• Brandywine Realty Trust reported an EPS of $0.15 for Q2, falling short of the analyst consensus estimate of $0.17, with a revenue of $114.2 million.
• Several institutional investors have increased their holdings in Brandywine Realty Trust, with Allspring Global Investments Holdings LLC raising its stake by 42.2% during the same quarter.

Goldman Sachs Group Inc. trimmed its holdings in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 5.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,021,378 shares of the real estate investment trust's stock after selling 64,179 shares during the quarter. Goldman Sachs Group Inc. owned about 0.59% of Brandywine Realty Trust worth $4,555,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Signaturefd LLC acquired a new position in Brandywine Realty Trust during the first quarter worth $27,000. Breakthru Advisory Services LLC bought a new stake in Brandywine Realty Trust during the fourth quarter valued at about $56,000. US Bancorp DE boosted its holdings in Brandywine Realty Trust by 135.0% during the first quarter. US Bancorp DE now owns 13,273 shares of the real estate investment trust's stock valued at $59,000 after acquiring an additional 7,624 shares during the period. Tidal Investments LLC bought a new stake in Brandywine Realty Trust during the fourth quarter valued at about $60,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in Brandywine Realty Trust during the first quarter valued at about $71,000. 87.27% of the stock is owned by institutional investors and hedge funds.

Brandywine Realty Trust Stock Performance

Shares of NYSE BDN traded down $0.04 during mid-day trading on Friday, hitting $4.47. The company had a trading volume of 4,094,628 shares, compared to its average volume of 1,921,718. The company has a debt-to-equity ratio of 2.61, a current ratio of 2.97 and a quick ratio of 2.97. The business's 50-day simple moving average is $4.19 and its 200-day simple moving average is $4.21. Brandywine Realty Trust has a 12 month low of $3.41 and a 12 month high of $6.54. The firm has a market cap of $776.44 million, a P/E ratio of -2.38 and a beta of 1.46.

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 earnings per share 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 during the quarter, compared to the consensus estimate of $120.66 million. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. As a group, analysts predict that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Brandywine Realty Trust from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Truist Financial cut shares of Brandywine Realty Trust from a "buy" rating to a "hold" rating and decreased their price target for the company from $5.00 to $4.00 in a report on Tuesday, September 16th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $4.50.

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.