Brandywine Realty Trust $BDN Shares Bought by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. has increased its stake in Brandywine Realty Trust by 50.1% in the first quarter, owning approximately 0.16% of the firm valued at $1,235,000.
• Brandywine Realty Trust's recent quarterly earnings report showed an EPS of $0.15, missing estimates by two cents and reflecting significant challenges with a negative return on equity of 32.12%.
• Wall Street Zen upgraded Brandywine Realty Trust's stock rating from "sell" to "hold", with a consensus target price of $5.00.

Graham Capital Management L.P. raised its stake in Brandywine Realty Trust (NYSE:BDN - Free Report) by 50.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 276,858 shares of the real estate investment trust's stock after acquiring an additional 92,382 shares during the period. Graham Capital Management L.P. owned 0.16% of Brandywine Realty Trust worth $1,235,000 as of its most recent SEC filing.

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

Brandywine Realty Trust Stock Performance

Shares of NYSE BDN traded up $0.07 during trading on Monday, reaching $4.44. 1,469,911 shares of the company traded hands, compared to its average volume of 2,401,781. Brandywine Realty Trust has a 52-week low of $3.41 and a 52-week high of $6.54. The stock has a market capitalization of $770.36 million, a PE ratio of -2.36 and a beta of 1.46. The firm has a 50 day simple moving average of $4.13 and a 200-day simple moving average of $4.23. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 2.61.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $120.66 million. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. Equities research analysts anticipate that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded 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, According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $5.00.

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.