Vanguard Group Inc. Has $116.98 Million Holdings in Brandywine Realty Trust $BDN

Key Points

• Vanguard Group Inc. reduced its stake in Brandywine Realty Trust by 8.0%, holding approximately 26.2 million shares valued at $116.98 million at the end of the first quarter.
• Brandywine Realty Trust's recent earnings report revealed earnings per share of $0.15, falling short of estimates, with a negative return on equity of 32.12%.
• Despite the downgrade from "sell" to "hold" by Wall Street analysts, the stock currently holds a consensus target price of $5.00.

Vanguard Group Inc. trimmed its holdings in Brandywine Realty Trust (NYSE:BDN - Free Report) by 8.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,228,985 shares of the real estate investment trust's stock after selling 2,274,547 shares during the period. Vanguard Group Inc. owned 15.17% of Brandywine Realty Trust worth $116,981,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets boosted its position in shares of Brandywine Realty Trust by 5.6% during the 4th quarter. BNP Paribas Financial Markets now owns 63,060 shares of the real estate investment trust's stock valued at $353,000 after acquiring an additional 3,347 shares in the last quarter. Quantinno Capital Management LP raised its position 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 worth $88,000 after purchasing an additional 4,318 shares in the last quarter. Hsbc Holdings PLC lifted its stake in Brandywine Realty Trust by 3.0% during the fourth quarter. Hsbc Holdings PLC now owns 164,624 shares of the real estate investment trust's stock worth $922,000 after purchasing an additional 4,734 shares during the period. Private Advisor Group LLC lifted its stake in Brandywine Realty Trust by 48.3% during the first quarter. Private Advisor Group LLC now owns 16,499 shares of the real estate investment trust's stock worth $74,000 after purchasing an additional 5,370 shares during the period. Finally, Alps Advisors Inc. boosted its holdings in Brandywine Realty Trust by 10.1% during the first quarter. Alps Advisors Inc. now owns 59,400 shares of the real estate investment trust's stock valued at $265,000 after purchasing an additional 5,434 shares in the last quarter. 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 report on Saturday, July 26th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $5.00.

Brandywine Realty Trust Price Performance

NYSE BDN traded up $0.1350 on Friday, hitting $4.1050. 4,929,169 shares of the company were exchanged, compared to its average volume of 2,703,859. Brandywine Realty Trust has a 1-year low of $3.41 and a 1-year high of $6.54. The firm has a 50 day moving average of $4.15 and a two-hundred day moving average of $4.28. The company has a current ratio of 2.97, a quick ratio of 2.97 and a debt-to-equity ratio of 2.61. The company has a market cap of $713.04 million, a P/E ratio of -2.18 and a beta of 1.43.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last released its earnings results 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). The firm had revenue of $114.20 million during the quarter, compared to analyst estimates of $120.66 million. Brandywine Realty Trust had a negative net margin of 65.33% and a negative return on equity of 32.12%. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. On average, equities analysts predict that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust 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.