2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. lifted its stake in Brandywine Realty Trust ( NYSE:BDN – Free Report ) by 228.2% during the 4th quarter, Holdings Channel.
com reports. The institutional investor owned 220,406 shares of the real estate investment trust’s stock after buying an additional 153,252 shares during the quarter. Russell Investments Group Ltd.
’s holdings in Brandywine Realty Trust were worth $1,234,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc.
grew its holdings in Brandywine Realty Trust by 66.2% during the 4th quarter. Envestnet Asset Management Inc.
now owns 170,718 shares of the real estate investment trust’s stock valued at $956,000 after buying an additional 68,008 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Brandywine Realty Trust by 23.2% in the 4th quarter.
Wells Fargo & Company MN now owns 116,963 shares of the real estate investment trust’s stock worth $655,000 after buying an additional 21,987 shares in the last quarter. Resona Asset Management Co. Ltd.
bought a new stake in shares of Brandywine Realty Trust in the 4th quarter worth about $378,000. Headlands Technologies LLC lifted its holdings in shares of Brandywine Realty Trust by 64.1% in the 4th quarter.
Headlands Technologies LLC now owns 6,247 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 2,441 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its position in Brandywine Realty Trust by 13.9% during the fourth quarter.
O Shaughnessy Asset Management LLC now owns 16,888 shares of the real estate investment trust’s stock valued at $95,000 after purchasing an additional 2,064 shares during the period. Institutional investors own 87.27% of the company’s stock.
Brandywine Realty Trust Stock Performance Shares of NYSE:BDN opened at $3.79 on Monday. The company has a debt-to-equity ratio of 2.
12, a quick ratio of 1.74 and a current ratio of 2.26.
The firm has a market cap of $655.07 million, a PE ratio of -3.32 and a beta of 1.
32. The firm’s 50 day simple moving average is $4.43 and its 200-day simple moving average is $5.
11. Brandywine Realty Trust has a one year low of $3.41 and a one year high of $6.
54. Brandywine Realty Trust Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd were given a dividend of $0.
15 per share. This represents a $0.60 annualized dividend and a dividend yield of 15.
85%. The ex-dividend date of this dividend was Thursday, April 3rd. Brandywine Realty Trust’s payout ratio is -52.
63%. Analysts Set New Price Targets Several equities analysts recently commented on the stock. StockNews.
com downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 6th. Evercore ISI reduced their price target on Brandywine Realty Trust from $6.00 to $5.
00 and set an “in-line” rating on the stock in a report on Thursday, February 6th. Check Out Our Latest Stock Report on BDN About Brandywine Realty Trust ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding BDN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brandywine Realty Trust ( NYSE:BDN – Free Report ).
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