Brandywine Realty Trust $BDN Shares Sold by Northern Trust Corp

Northern Trust Corp decreased its position in Brandywine Realty Trust (NYSE:BDN) by 6.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,344,929 shares of the real estate investment trust’s stock after selling 156,869 shares during the quarter. Northern Trust Corp’s holdings in Brandywine Realty Trust were worth $10,458,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Signaturefd LLC acquired a new stake in Brandywine Realty Trust in the first quarter valued at approximately $27,000. Breakthru Advisory Services LLC acquired a new stake in Brandywine Realty Trust in the fourth quarter valued at approximately $56,000. Tidal Investments LLC acquired a new stake in Brandywine Realty Trust in the fourth quarter valued at approximately $60,000. US Bancorp DE grew its position in Brandywine Realty Trust by 135.0% in the first quarter. US Bancorp DE now owns 13,273 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 7,624 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in Brandywine Realty Trust by 479.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 15,565 shares of the real estate investment trust’s stock valued at $87,000 after acquiring an additional 12,879 shares in the last quarter. Institutional investors and hedge funds own 87.27% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $5.00.

Brandywine Realty Trust Stock Up 1.3%

BDN stock opened at $4.37 on Friday. Brandywine Realty Trust has a twelve month low of $3.41 and a twelve month high of $6.54. 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 capitalization of $758.20 million, a P/E ratio of -2.32 and a beta of 1.46. The firm has a 50 day simple moving average of $4.13 and a 200-day simple moving average of $4.24.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Wednesday, July 23rd. The real estate investment trust reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). Brandywine Realty Trust had a negative return on equity of 32.12% and a negative net margin of 65.33%.The company had revenue of $114.20 million for the quarter, compared to analyst estimates of $120.66 million. Brandywine Realty Trust has set its FY 2025 guidance at 0.600-0.660 EPS. On average, equities research analysts predict that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

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.