Public Sector Pension Investment Board Raises Holdings in Brandywine Realty Trust $BDN

Key Points

• The Public Sector Pension Investment Board increased its holdings in Brandywine Realty Trust by 26.9%, owning 547,540 shares valued at approximately $2.44 million as of the latest SEC filing.
• Brandywine Realty Trust reported $0.15 EPS for the quarter, missing estimates, with revenues of $114.20 million compared to expected revenues of $120.66 million.
• Analysts upgraded Brandywine Realty Trust from a "sell" to a "hold" rating, with an average price target of $5.00.

Public Sector Pension Investment Board increased its stake in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 26.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 547,540 shares of the real estate investment trust's stock after purchasing an additional 116,134 shares during the period. Public Sector Pension Investment Board owned 0.32% of Brandywine Realty Trust worth $2,442,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC bought a new position in Brandywine Realty Trust in the 1st quarter worth about $27,000. Breakthru Advisory Services LLC bought a new position in Brandywine Realty Trust in the 4th quarter worth about $56,000. US Bancorp DE increased its stake in Brandywine Realty Trust by 135.0% in the 1st quarter. US Bancorp DE now owns 13,273 shares of the real estate investment trust's stock worth $59,000 after acquiring an additional 7,624 shares during the last quarter. Tidal Investments LLC bought a new position in Brandywine Realty Trust in the 4th quarter worth about $60,000. Finally, Oppenheimer Asset Management Inc. bought a new position in Brandywine Realty Trust in the 1st quarter worth about $71,000. 87.27% of the stock is currently owned by institutional investors.

Brandywine Realty Trust Price Performance

Shares of Brandywine Realty Trust stock traded up $0.0350 during trading on Monday, hitting $4.1450. 2,017,487 shares of the stock traded hands, compared to its average volume of 2,668,392. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 2.61. The stock has a market cap of $719.99 million, a price-to-earnings ratio of -2.20 and a beta of 1.43. The firm's fifty day moving average is $4.14 and its 200-day moving average is $4.27. Brandywine Realty Trust has a 52 week low of $3.41 and a 52 week high of $6.54.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last announced its quarterly earnings data 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 the consensus estimate of $120.66 million. Brandywine Realty Trust had a negative net margin of 65.33% and a negative return on equity of 32.12%. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. Research analysts expect that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Brandywine Realty Trust from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus 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.