XTX Topco Ltd Has $158,000 Stock Holdings in Brandywine Realty Trust $BDN

Key Points

• XTX Topco Ltd has reduced its stake in Brandywine Realty Trust (NYSE: BDN) by 72%, now holding 35,503 shares valued at $158,000.
• Brandywine Realty Trust reported a loss in EPS of $0.15, missing estimates of $0.17, with revenue of $114.20 million in their last quarterly earnings.
• The company recently declared a quarterly dividend of $0.15, resulting in a yearly yield of 14.7%, although it has a negative dividend payout ratio of -31.91%.

XTX Topco Ltd cut its holdings in shares of Brandywine Realty Trust (NYSE:BDN - Free Report) by 72.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,503 shares of the real estate investment trust's stock after selling 91,135 shares during the quarter. XTX Topco Ltd's holdings in Brandywine Realty Trust were worth $158,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of BDN. LPL Financial LLC increased its stake in shares of Brandywine Realty Trust by 28.5% in the fourth quarter. LPL Financial LLC now owns 58,683 shares of the real estate investment trust's stock worth $329,000 after buying an additional 13,031 shares during the last quarter. Wells Fargo & Company MN grew its holdings in Brandywine Realty Trust by 23.2% during the 4th quarter. Wells Fargo & Company MN now owns 116,963 shares of the real estate investment trust's stock worth $655,000 after acquiring an additional 21,987 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Brandywine Realty Trust by 66.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 170,718 shares of the real estate investment trust's stock worth $956,000 after purchasing an additional 68,008 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of Brandywine Realty Trust by 228.2% in the 4th quarter. Russell Investments Group Ltd. now owns 220,406 shares of the real estate investment trust's stock valued at $1,234,000 after purchasing an additional 153,252 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of Brandywine Realty Trust by 193.7% during the fourth quarter. Invesco Ltd. now owns 2,812,200 shares of the real estate investment trust's stock worth $15,748,000 after purchasing an additional 1,854,749 shares during the last quarter. 87.27% of the stock is currently owned by hedge funds and other institutional investors.

Brandywine Realty Trust Stock Performance

BDN traded down $0.02 during trading hours on Monday, hitting $4.01. 750,903 shares of the stock were exchanged, compared to its average volume of 2,418,321. The stock has a market cap of $695.67 million, a price-to-earnings ratio of -2.13 and a beta of 1.43. The stock has a 50-day simple moving average of $4.20 and a 200-day simple moving average of $4.32. The company has a debt-to-equity ratio of 2.61, a current ratio of 2.97 and a quick ratio of 2.97. Brandywine Realty Trust has a 12 month low of $3.41 and a 12 month high of $6.54.

Brandywine Realty Trust (NYSE:BDN - Get Free Report) last posted its quarterly 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 business 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%. Analysts anticipate that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Wednesday, July 2nd were given a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, July 2nd. This represents a $0.60 annualized dividend and a yield of 15.0%. Brandywine Realty Trust's dividend payout ratio (DPR) is currently -31.91%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Brandywine Realty Trust from a "sell" rating to a "hold" rating in a report on Saturday, July 26th.

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.