Brandywine Realty Trust (NYSE:BDN) Stock Has Average Target Price of $3.50

Shares of Brandywine Realty Trust (NYSE:BDN) have received a consensus recommendation of “Reduce” from the six ratings firms that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating and three have given a hold rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $3.50.

A number of equities research analysts have recently weighed in on the company. Wall Street Zen raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Sunday, July 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Brandywine Realty Trust in a research note on Wednesday, July 15th.

Insider Activity at Brandywine Realty Trust

In other news, CEO Gerard Sweeney bought 33,900 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were bought at an average cost of $2.96 per share, with a total value of $100,344.00. Following the completion of the purchase, the chief executive officer directly owned 4,207,691 shares in the company, valued at $12,454,765.36. This represents a 0.81% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. 4.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC raised its holdings in Brandywine Realty Trust by 68.1% in the 1st quarter. Hsbc Holdings PLC now owns 778,782 shares of the real estate investment trust’s stock worth $2,087,000 after purchasing an additional 315,512 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Brandywine Realty Trust during the first quarter valued at $1,861,000. Verus Financial Partners Inc. boosted its holdings in shares of Brandywine Realty Trust by 2.9% during the 1st quarter. Verus Financial Partners Inc. now owns 260,694 shares of the real estate investment trust’s stock valued at $738,000 after buying an additional 7,345 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Brandywine Realty Trust in the 2nd quarter worth about $648,000. Finally, Inspire Investing LLC grew its position in shares of Brandywine Realty Trust by 19.6% in the 1st quarter. Inspire Investing LLC now owns 191,648 shares of the real estate investment trust’s stock worth $519,000 after buying an additional 31,346 shares during the period. Institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Trading Up 0.2%

Shares of BDN opened at $2.79 on Wednesday. Brandywine Realty Trust has a twelve month low of $2.47 and a twelve month high of $4.20. The stock has a market cap of $486.21 million, a PE ratio of -3.40 and a beta of 1.32. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 3.76. The business’s 50-day moving average price is $3.02 and its 200-day moving average price is $3.01.

Brandywine Realty Trust (NYSE:BDN) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported ($0.18) EPS for the quarter, hitting analysts’ consensus estimates of ($0.18). Brandywine Realty Trust had a negative net margin of 28.62% and a negative return on equity of 18.52%. The company had revenue of $128.92 million for the quarter, compared to analysts’ expectations of $113.04 million. During the same quarter last year, the company earned ($0.51) EPS. On average, equities analysts forecast that Brandywine Realty Trust will post 0.55 EPS for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 22nd. Stockholders of record on Thursday, October 8th will be issued a $0.08 dividend. The ex-dividend date is Thursday, October 8th. This represents a $0.32 annualized dividend and a dividend yield of 11.5%. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -39.02%.

Brandywine Realty Trust Company Profile

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust that owns, develops, leases and manages office, mixed-use and other commercial properties. The company focuses on well-located properties in urban, town-center and suburban settings, offering workspace, retail, residential and hospitality components within selected developments.

Brandywine’s principal concentration is the Philadelphia region, including Philadelphia and surrounding communities in Pennsylvania and New Jersey.