Brokerages Set Brandywine Realty Trust (NYSE:BDN) Price Target at $5.63

Shares of Brandywine Realty Trust (NYSE:BDN - Get Free Report) have been given an average rating of "Moderate Buy" by the four analysts that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $5.63.

BDN has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft initiated coverage on Brandywine Realty Trust in a research report on Tuesday, January 30th. They set a "hold" rating and a $5.50 target price for the company. Truist Financial lowered their target price on Brandywine Realty Trust from $7.00 to $6.00 and set a "buy" rating for the company in a research report on Tuesday, February 13th. Finally, StockNews.com lowered Brandywine Realty Trust from a "hold" rating to a "sell" rating in a report on Tuesday, January 30th.

Brandywine Realty Trust Price Performance

Shares of NYSE BDN traded down $0.13 during midday trading on Friday, reaching $4.36. 1,403,302 shares of the stock traded hands, compared to its average volume of 2,111,522. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.15 and a quick ratio of 2.15. The stock has a market capitalization of $751.10 million, a PE ratio of -3.79 and a beta of 1.27. Brandywine Realty Trust has a one year low of $3.42 and a one year high of $5.67. The company's 50 day moving average is $4.35 and its 200 day moving average is $4.52.

Brandywine Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 18th. Investors of record on Thursday, April 4th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 13.76%. The ex-dividend date of this dividend is Wednesday, April 3rd. Brandywine Realty Trust's payout ratio is currently -52.17%.

Institutional Investors Weigh In On Brandywine Realty Trust

Institutional investors have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. boosted its position in Brandywine Realty Trust by 9.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,672,905 shares of the real estate investment trust's stock valued at $21,215,000 after purchasing an additional 389,373 shares in the last quarter. Bramshill Investments LLC boosted its holdings in Brandywine Realty Trust by 159.8% in the third quarter. Bramshill Investments LLC now owns 280,655 shares of the real estate investment trust's stock worth $1,274,000 after acquiring an additional 172,632 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Brandywine Realty Trust by 1,832.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,484,966 shares of the real estate investment trust's stock worth $6,742,000 after acquiring an additional 1,408,138 shares in the last quarter. Algert Global LLC boosted its holdings in Brandywine Realty Trust by 21.8% in the third quarter. Algert Global LLC now owns 921,443 shares of the real estate investment trust's stock worth $4,183,000 after acquiring an additional 165,090 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in Brandywine Realty Trust by 8.2% in the third quarter. Public Employees Retirement System of Ohio now owns 256,856 shares of the real estate investment trust's stock worth $1,166,000 after acquiring an additional 19,556 shares in the last quarter. Institutional investors own 87.27% of the company's stock.

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.