Nomura Asset Management Co. Ltd. Has $1.26 Million Stake in Brandywine Realty Trust (NYSE:BDN)

Nomura Asset Management Co. Ltd. increased its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 4.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 225,800 shares of the real estate investment trust’s stock after purchasing an additional 10,000 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.13% of Brandywine Realty Trust worth $1,264,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Quarry LP increased its holdings in shares of Brandywine Realty Trust by 752.5% in the third quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 4,056 shares during the last quarter. Kestra Investment Management LLC bought a new position in Brandywine Realty Trust during the 4th quarter worth $26,000. US Bancorp DE increased its position in shares of Brandywine Realty Trust by 11,198.0% in the fourth quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 5,599 shares during the period. Smartleaf Asset Management LLC increased its holdings in Brandywine Realty Trust by 360.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 6,457 shares during the period. Finally, Paloma Partners Management Co acquired a new position in Brandywine Realty Trust during the third quarter valued at approximately $55,000. 87.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on BDN. StockNews.com downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th. Evercore ISI lowered their price objective on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a research note on Thursday, February 6th.

Brandywine Realty Trust Stock Up 0.9 %

Shares of NYSE:BDN opened at $4.50 on Thursday. The firm has a market cap of $778.82 million, a P/E ratio of -3.95 and a beta of 1.35. Brandywine Realty Trust has a 12-month low of $4.17 and a 12-month high of $6.54. The business has a fifty day simple moving average of $4.84 and a 200 day simple moving average of $5.28. The company has a quick ratio of 1.74, a current ratio of 2.26 and a debt-to-equity ratio of 2.12.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.16. Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. Analysts predict that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, April 3rd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.33%. The ex-dividend date is Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio is -52.63%.

About Brandywine Realty Trust

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.