Robeco Institutional Asset Management B.V. Sells 258,269 Shares of Brandywine Realty Trust (NYSE:BDN)

Robeco Institutional Asset Management B.V. decreased its position in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 45.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 303,972 shares of the real estate investment trust's stock after selling 258,269 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.18% of Brandywine Realty Trust worth $1,356,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. US Bancorp DE boosted its position in shares of Brandywine Realty Trust by 11,198.0% during the 4th quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 5,599 shares in the last quarter. Headlands Technologies LLC lifted its stake in Brandywine Realty Trust by 64.1% in the 4th quarter. Headlands Technologies LLC now owns 6,247 shares of the real estate investment trust's stock valued at $35,000 after purchasing an additional 2,441 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Brandywine Realty Trust by 360.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust's stock valued at $45,000 after purchasing an additional 6,457 shares during the last quarter. Breakthru Advisory Services LLC bought a new position in Brandywine Realty Trust in the 4th quarter valued at approximately $56,000. Finally, Sciencast Management LP bought a new position in Brandywine Realty Trust in the 4th quarter valued at approximately $57,000. Institutional investors and hedge funds own 87.27% of the company's stock.

Wall Street Analyst Weigh In

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

Insider Activity

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney purchased 61,576 shares of the company's stock in a transaction dated Friday, May 2nd. The stock was purchased at an average price of $4.07 per share, with a total value of $250,614.32. Following the completion of the purchase, the chief executive officer owned 2,949,092 shares of the company's stock, valued at approximately $12,002,804.44. The trade was a 2.13% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 3.30% of the company's stock.

Brandywine Realty Trust Price Performance

NYSE:BDN traded down $0.01 on Friday, hitting $4.11. The company had a trading volume of 1,851,519 shares, compared to its average volume of 2,142,503. The stock has a market capitalization of $710.82 million, a price-to-earnings ratio of -3.42 and a beta of 1.42. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 2.22. The firm has a 50 day moving average of $4.26 and a two-hundred day moving average of $4.59. 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 issued its quarterly earnings data on Tuesday, April 22nd. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). The company had revenue of $114.43 million during the quarter, compared to the consensus estimate of $119.45 million. Brandywine Realty Trust had a negative net margin of 40.97% and a negative return on equity of 18.44%. On average, research analysts anticipate that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Dividend Announcement

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

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.