Brandywine Realty Trust $BDN Shares Acquired by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP increased its stake in Brandywine Realty Trust by 301.2%, acquiring 106,263 shares, bringing its total to 141,541 shares valued at about $631,000.
• The stock price of Brandywine Realty Trust (NYSE: BDN) is currently at $4.1450, with analysts setting a consensus price target of $5.00.
• Brandywine Realty Trust reported earnings per share (EPS) of $0.15 for the last quarter, falling short of the expected $0.17, and is projecting FY 2025 EPS guidance between 0.600-0.660.

Quantbot Technologies LP lifted its position in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 301.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 141,541 shares of the real estate investment trust's stock after purchasing an additional 106,263 shares during the period. Quantbot Technologies LP owned about 0.08% of Brandywine Realty Trust worth $631,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BDN. Millennium Management LLC lifted its position in shares of Brandywine Realty Trust by 91.2% during the 4th quarter. Millennium Management LLC now owns 2,644,898 shares of the real estate investment trust's stock worth $14,811,000 after purchasing an additional 1,261,752 shares during the last quarter. Lighthouse Investment Partners LLC purchased a new stake in shares of Brandywine Realty Trust during the 4th quarter worth $6,848,000. Invesco Ltd. lifted its position in shares of Brandywine Realty Trust by 24.1% during the 1st quarter. Invesco Ltd. now owns 3,488,677 shares of the real estate investment trust's stock worth $15,559,000 after purchasing an additional 676,477 shares during the last quarter. Northern Trust Corp lifted its position 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 purchased a new stake in shares of Brandywine Realty Trust during the 4th quarter worth $2,240,000. 87.27% of the stock is owned by hedge funds and other institutional investors.

Brandywine Realty Trust Stock Performance

Shares of BDN traded up $0.05 during midday trading on Friday, reaching $4.27. 1,843,187 shares of the stock were exchanged, compared to its average volume of 2,246,513. The business's 50-day moving average price is $4.13 and its 200 day moving average price is $4.25. The company has a debt-to-equity ratio of 2.61, a current ratio of 2.97 and a quick ratio of 2.97. Brandywine Realty Trust has a twelve month low of $3.41 and a twelve month high of $6.54. The company has a market capitalization of $740.83 million, a price-to-earnings ratio of -2.27 and a beta of 1.46.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.17 by ($0.02). The business had revenue of $114.20 million during the quarter, compared to analyst estimates 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. On average, sell-side analysts expect that Brandywine Realty Trust will post 0.66 EPS for the current fiscal 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 note on Saturday, July 26th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average 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.