Robeco Institutional Asset Management B.V. Has $1.36 Million Stock Holdings in Brandywine Realty Trust (NYSE:BDN)

Robeco Institutional Asset Management B.V. trimmed its position in Brandywine Realty Trust (NYSE:BDN - Free Report) by 45.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 303,972 shares of the real estate investment trust's stock after selling 258,269 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.18% of Brandywine Realty Trust worth $1,356,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Brandywine Realty Trust by 5.4% during the 4th quarter. Vanguard Group Inc. now owns 28,503,532 shares of the real estate investment trust's stock valued at $159,620,000 after acquiring an additional 1,459,236 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. Nuveen Asset Management LLC grew its stake in shares of Brandywine Realty Trust by 39.0% during the fourth quarter. Nuveen Asset Management LLC now owns 673,737 shares of the real estate investment trust's stock worth $3,773,000 after purchasing an additional 189,143 shares during the period. Tidal Investments LLC bought a new position in Brandywine Realty Trust during the fourth quarter worth about $60,000. Finally, Breakthru Advisory Services LLC acquired a new position in shares of Brandywine Realty Trust during the 4th quarter worth about $56,000. 87.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded shares of Brandywine Realty Trust from a "hold" rating to a "sell" rating in a research report on Thursday, May 1st.

Brandywine Realty Trust Trading Down 0.2%

Shares of BDN traded down $0.01 during trading hours on Friday, reaching $4.11. The stock had a trading volume of 1,851,519 shares, compared to its average volume of 2,138,739. The firm has a 50-day moving average of $4.25 and a 200 day moving average of $4.61. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 2.22. The company has a market cap of $710.82 million, a P/E ratio of -3.42 and a beta of 1.42. 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 released its quarterly earnings results on Tuesday, April 22nd. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). Brandywine Realty Trust had a negative return on equity of 18.44% and a negative net margin of 40.97%. The business had revenue of $114.43 million for the quarter, compared to analyst estimates of $119.45 million. On average, sell-side analysts expect that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Wednesday, July 2nd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 14.60%. The ex-dividend date of this dividend is Wednesday, July 2nd. Brandywine Realty Trust's dividend payout ratio (DPR) is presently -50.00%.

Insider Activity

In other news, CEO Gerard H. Sweeney purchased 61,576 shares of the business's stock in a transaction dated Friday, May 2nd. The shares were bought at an average cost of $4.07 per share, for a total transaction of $250,614.32. Following the completion of the acquisition, the chief executive officer directly owned 2,949,092 shares in the company, valued at approximately $12,002,804.44. This trade represents a 2.13% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.30% of the stock is owned by corporate insiders.

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.