Brandywine Realty Trust (NYSE:BDN) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in Brandywine Realty Trust (NYSE:BDN - Free Report) by 7.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,143,745 shares of the real estate investment trust's stock after selling 94,496 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.66% of Brandywine Realty Trust worth $6,405,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Squarepoint Ops LLC increased its position in shares of Brandywine Realty Trust by 45.6% during the fourth quarter. Squarepoint Ops LLC now owns 37,635 shares of the real estate investment trust's stock worth $211,000 after purchasing an additional 11,790 shares in the last quarter. Tidal Investments LLC acquired a new stake in shares of Brandywine Realty Trust in the fourth quarter valued at approximately $60,000. Point72 Asset Management L.P. raised its position in Brandywine Realty Trust by 7.8% in the 4th quarter. Point72 Asset Management L.P. now owns 1,157,216 shares of the real estate investment trust's stock valued at $6,480,000 after purchasing an additional 84,116 shares during the last quarter. ProShare Advisors LLC boosted its stake in Brandywine Realty Trust by 44.4% during the 4th quarter. ProShare Advisors LLC now owns 51,139 shares of the real estate investment trust's stock worth $286,000 after purchasing an additional 15,726 shares during the period. Finally, Quantinno Capital Management LP increased its stake in Brandywine Realty Trust by 37.7% in the fourth quarter. Quantinno Capital Management LP now owns 15,770 shares of the real estate investment trust's stock valued at $88,000 after purchasing an additional 4,318 shares during the period. Hedge funds and other institutional investors own 87.27% of the company's stock.

Brandywine Realty Trust Stock Performance

NYSE:BDN traded up $0.04 during mid-day trading on Thursday, reaching $4.39. The stock had a trading volume of 315,059 shares, compared to its average volume of 2,352,740. Brandywine Realty Trust has a twelve month low of $3.41 and a twelve month high of $6.54. The business has a 50 day simple moving average of $4.05 and a 200 day simple moving average of $4.79. The firm has a market capitalization of $758.39 million, a price-to-earnings ratio of -3.85 and a beta of 1.44. The company has a debt-to-equity ratio of 2.12, a quick ratio of 1.74 and a current ratio of 2.26.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last released its quarterly earnings data 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 analysts' expectations of $119.45 million. On average, analysts expect that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Wednesday, July 2nd will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.68%. The ex-dividend date of this dividend is Wednesday, July 2nd. Brandywine Realty Trust's dividend payout ratio is currently -50.00%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BDN. Evercore ISI dropped their price target on 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. Wall Street Zen downgraded Brandywine Realty Trust from a "hold" rating to a "sell" rating in a report on Thursday, May 1st.

Insider Activity at Brandywine Realty Trust

In other news, CEO Gerard H. Sweeney bought 61,576 shares of the stock in a transaction on Friday, May 2nd. The shares were bought at an average price of $4.07 per share, with a total value of $250,614.32. Following the completion of the acquisition, the chief executive officer now owns 2,949,092 shares of the company's stock, valued at approximately $12,002,804.44. This trade represents a 2.13% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.30% of the stock is currently owned by company 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.