Two Sigma Investments LP Has $4.28 Million Position in Brandywine Realty Trust (NYSE:BDN)

Two Sigma Investments LP decreased its stake in Brandywine Realty Trust (NYSE:BDN - Free Report) by 30.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 764,907 shares of the real estate investment trust's stock after selling 342,413 shares during the quarter. Two Sigma Investments LP owned approximately 0.44% of Brandywine Realty Trust worth $4,283,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Kestra Investment Management LLC bought a new position in Brandywine Realty Trust in the 4th quarter valued at $26,000. US Bancorp DE raised its position in Brandywine Realty Trust by 11,198.0% in the 4th quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 5,599 shares during the last quarter. Headlands Technologies LLC raised its position 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 raised its position 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. Finally, Sciencast Management LP bought a new position in Brandywine Realty Trust in the 4th quarter valued at $57,000. Institutional investors and hedge funds own 87.27% of the company's stock.

Insiders Place Their Bets

In other Brandywine Realty Trust news, CEO Gerard H. Sweeney purchased 61,576 shares of the stock in a transaction on Friday, May 2nd. The stock was 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 now directly owns 2,949,092 shares of the company's stock, valued at $12,002,804.44. The trade was a 2.13% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.30% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on BDN shares. Wall Street Zen cut Brandywine Realty Trust from a "hold" rating to a "sell" rating in a report on Thursday, May 1st. Evercore ISI cut their target price on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an "in-line" rating on the stock in a research report on Thursday, February 6th.

Brandywine Realty Trust Trading Down 1.4%

NYSE BDN traded down $0.06 on Monday, reaching $4.17. The company had a trading volume of 1,529,948 shares, compared to its average volume of 2,051,444. The stock's 50 day moving average is $4.06 and its 200-day moving average is $4.80. The stock has a market cap of $721.21 million, a price-to-earnings ratio of -3.66 and a beta of 1.39. The company has a quick ratio of 1.74, a current ratio of 2.26 and a debt-to-equity ratio of 2.12. 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 results on Tuesday, April 22nd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. The business had revenue of $114.43 million during the quarter, compared to the consensus estimate of $119.45 million. Equities analysts predict 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. Shareholders of record on Wednesday, July 2nd will be issued a $0.15 dividend. The ex-dividend date is Wednesday, July 2nd. This represents a $0.60 annualized dividend and a dividend yield of 14.39%. Brandywine Realty Trust's dividend payout ratio (DPR) 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.