XTX Topco Ltd Has $158,000 Stock Position in Brandywine Realty Trust (NYSE: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 position in Brandywine Realty Trust (NYSE:BDN - Free Report) by 72.0% during the first quarter, according to its most recent 13F filing with the Securities and 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 reporting period.

Several other institutional investors have also recently bought and sold shares of BDN. Signaturefd LLC bought a new position in Brandywine Realty Trust in the 1st quarter worth $27,000. Breakthru Advisory Services LLC bought a new position in Brandywine Realty Trust in the 4th quarter worth $56,000. Tidal Investments LLC bought a new position in Brandywine Realty Trust in the 4th quarter worth $60,000. Oppenheimer Asset Management Inc. bought a new position in Brandywine Realty Trust in the 1st quarter worth $71,000. Finally, Private Advisor Group LLC raised its holdings in Brandywine Realty Trust by 48.3% in the 1st quarter. Private Advisor Group LLC now owns 16,499 shares of the real estate investment trust's stock worth $74,000 after acquiring an additional 5,370 shares during the period. Institutional investors own 87.27% of the company's stock.

Brandywine Realty Trust Stock Performance

NYSE BDN opened at $4.08 on Thursday. 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 firm has a market capitalization of $708.70 million, a price-to-earnings ratio of -2.17 and a beta of 1.43. The company's fifty day moving average is $4.21 and its two-hundred day moving average is $4.35. 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 posted its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.02). The company had revenue of $114.20 million during the quarter, compared to analyst estimates of $120.66 million. Brandywine Realty Trust had a negative return on equity of 32.12% and a negative net margin of 65.33%. Equities research analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Wednesday, July 2nd were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 14.7%. The ex-dividend date was Wednesday, July 2nd. Brandywine Realty Trust's dividend payout ratio (DPR) is currently -31.91%.

Wall Street Analyst Weigh In

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

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.

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