Founders Financial Alliance LLC Reduces Stake in Brandywine Realty Trust (NYSE:BDN)

Founders Financial Alliance LLC lowered its position in Brandywine Realty Trust (NYSE:BDN) by 16.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 34,141 shares of the real estate investment trust’s stock after selling 6,600 shares during the quarter. Founders Financial Alliance LLC’s holdings in Brandywine Realty Trust were worth $191,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of BDN. Quarry LP raised its position in shares of Brandywine Realty Trust by 752.5% during the 3rd quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 4,056 shares in the last quarter. Kestra Investment Management LLC purchased a new position in Brandywine Realty Trust during the 4th quarter valued at $26,000. US Bancorp DE raised its stake in 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 buying an additional 5,599 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of 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 worth $45,000 after acquiring an additional 6,457 shares in the last quarter. Finally, Paloma Partners Management Co bought a new position in Brandywine Realty Trust in the third quarter worth $55,000. 87.27% of the stock is currently owned by hedge funds and other institutional investors.

Brandywine Realty Trust Price Performance

Shares of NYSE:BDN opened at $4.52 on Wednesday. The business has a fifty day moving average price of $5.09 and a 200-day moving average price of $5.35. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.26 and a quick ratio of 1.74. The company has a market capitalization of $781.42 million, a PE ratio of -3.96 and a beta of 1.35. Brandywine Realty Trust has a 1-year low of $4.17 and a 1-year high of $6.54.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share 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%. As a group, equities analysts expect that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 3rd will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $0.60 annualized dividend and a yield of 13.29%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -52.63%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. StockNews.com downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 6th. Evercore ISI lowered their target price on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a report on Thursday, February 6th.

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.