Russell Investments Group Ltd. Has $2.29 Million Holdings in Brandywine Realty Trust $BDN

Key Points

• Russell Investments Group Ltd. increased its holdings in Brandywine Realty Trust by 133.2% in Q1, owning 513,973 shares valued at approximately $2.29 million.
• Brandywine Realty Trust received an upgrade from a "sell" to a "hold" rating by Wall Street Zen, with a consensus price target of $5.00.
• The company reported a miss in earnings, with an EPS of $0.15 for the last quarter, falling short of the consensus estimate of $0.17.

Russell Investments Group Ltd. raised its position in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 133.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 513,973 shares of the real estate investment trust's stock after acquiring an additional 293,567 shares during the period. Russell Investments Group Ltd. owned approximately 0.30% of Brandywine Realty Trust worth $2,292,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Signaturefd LLC bought a new stake in shares of Brandywine Realty Trust in the first quarter valued at approximately $27,000. Breakthru Advisory Services LLC bought a new stake in shares of Brandywine Realty Trust in the fourth quarter valued at approximately $56,000. US Bancorp DE boosted its stake in shares of Brandywine Realty Trust by 135.0% in the first quarter. US Bancorp DE now owns 13,273 shares of the real estate investment trust's stock valued at $59,000 after buying an additional 7,624 shares during the period. Tidal Investments LLC bought a new stake in shares of Brandywine Realty Trust in the fourth quarter valued at approximately $60,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of Brandywine Realty Trust in the first quarter valued at approximately $71,000. Institutional investors own 87.27% of the company's stock.

Wall Street Analysts Forecast Growth

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 analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $5.00.

Brandywine Realty Trust Price Performance

BDN traded up $0.05 during trading on Friday, hitting $4.27. 1,843,187 shares of the stock traded hands, compared to its average volume of 2,446,826. Brandywine Realty Trust has a twelve month low of $3.41 and a twelve month high of $6.54. The company has a market cap of $740.83 million, a price-to-earnings ratio of -2.27 and a beta of 1.43. The company has a debt-to-equity ratio of 2.61, a current ratio of 2.97 and a quick ratio of 2.97. The business has a 50 day moving average price of $4.13 and a 200 day moving average price of $4.26.

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). Brandywine Realty Trust had a negative net margin of 65.33% and a negative return on equity of 32.12%. The firm had revenue of $114.20 million for the quarter, compared to analyst estimates of $120.66 million. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. Equities research analysts forecast that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

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.