Natixis Advisors LLC Acquires New Position in Brandywine Realty Trust (NYSE:BDN)

Key Points

• Natixis Advisors LLC acquired a new stake in Brandywine Realty Trust, purchasing 74,147 shares valued at approximately $331,000 in the first quarter.
• Brandywine Realty Trust recently reported a loss in quarterly earnings, with an EPS of $0.15, missing analysts' expectations of $0.17.
• The company declared a quarterly dividend of $0.15, reflecting an annualized dividend yield of 15.1%, despite a negative dividend payout ratio of -31.91%.

Natixis Advisors LLC purchased a new position in Brandywine Realty Trust (NYSE:BDN - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 74,147 shares of the real estate investment trust's stock, valued at approximately $331,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Signaturefd LLC purchased a new stake in Brandywine Realty Trust in the first quarter valued at approximately $27,000. Breakthru Advisory Services LLC acquired a new stake in shares of Brandywine Realty Trust in the fourth quarter worth $56,000. Tidal Investments LLC acquired a new stake in shares of Brandywine Realty Trust in the fourth quarter worth $60,000. Tower Research Capital LLC TRC boosted its holdings in Brandywine Realty Trust by 479.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 15,565 shares of the real estate investment trust's stock valued at $87,000 after purchasing an additional 12,879 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of Brandywine Realty Trust by 37.7% in the 4th quarter. Quantinno Capital Management LP now owns 15,770 shares of the real estate investment trust's stock valued at $88,000 after buying an additional 4,318 shares during the period. 87.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Brandywine Realty Trust from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th.

Brandywine Realty Trust Price Performance

Shares of BDN stock traded down $0.02 during trading hours on Friday, reaching $4.03. The company had a trading volume of 1,631,282 shares, compared to its average volume of 2,429,189. Brandywine Realty Trust has a 12-month low of $3.41 and a 12-month high of $6.54. 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 company has a market capitalization of $700.01 million, a price-to-earnings ratio of -2.14 and a beta of 1.43. The stock has a fifty day moving average of $4.21 and a 200-day moving average of $4.34.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last released its quarterly 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). The firm had revenue of $114.20 million for the quarter, compared to analysts' expectations of $120.66 million. Brandywine Realty Trust had a negative net margin of 65.33% and a negative return on equity of 32.12%. On average, equities analysts anticipate that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Wednesday, July 2nd were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 14.9%. The ex-dividend date was Wednesday, July 2nd. Brandywine Realty Trust's dividend payout ratio is currently -31.91%.

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.