2 weeks Ago By Defense World Staff
Russell Investments Group Ltd. raised its stake in Brandywine Realty Trust (NYSE:BDN – Free Report) by 228.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 220,406 shares of the real estate investment trust’s stock after buying an additional 153,252 shares during the period. Russell Investments Group Ltd. owned about 0.
13% of Brandywine Realty Trust worth $1,234,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc.
raised its stake in shares of Brandywine Realty Trust by 66.2% during the fourth quarter. Envestnet Asset Management Inc.
now owns 170,718 shares of the real estate investment trust’s stock worth $956,000 after acquiring 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% during the fourth quarter.
Wells Fargo & Company MN now owns 116,963 shares of the real estate investment trust’s stock valued at $655,000 after buying an additional 21,987 shares during the last quarter. Resona Asset Management Co. Ltd.
bought a new stake in shares of Brandywine Realty Trust in the 4th quarter valued at about $378,000. Headlands Technologies LLC boosted its holdings in Brandywine Realty Trust by 64.1% during 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 period. Finally, O Shaughnessy Asset Management LLC increased its stake in Brandywine Realty Trust by 13.9% in the 4th quarter.
O Shaughnessy Asset Management LLC now owns 16,888 shares of the real estate investment trust’s stock worth $95,000 after purchasing an additional 2,064 shares during the period. Hedge funds and other institutional investors own 87.27% of the company’s stock.
Brandywine Realty Trust Price PerformanceShares of BDN stock opened at $3.79 on Monday. The company has a quick ratio of 1.
74, a current ratio of 2.26 and a debt-to-equity ratio of 2.12.
The business’s fifty day moving average is $4.43 and its 200 day moving average is $5.11.
The stock has a market cap of $655.07 million, a price-to-earnings ratio of -3.32 and a beta of 1.
32. Brandywine Realty Trust has a twelve month low of $3.41 and a twelve month high of $6.
54. Brandywine Realty Trust (NYSE:BDN – Get Free Report) last released its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.
17 EPS for the quarter, topping the consensus estimate of $0.01 by $0.16.
Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%.
Research analysts expect that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year. Brandywine Realty Trust Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th.
Investors of record on Thursday, April 3rd were issued a $0.15 dividend. 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 currently -52.63%. Analyst Ratings ChangesA number of equities research analysts recently commented on the stock.
Evercore ISI lowered their price target 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.
StockNews.com lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 6th.View Our Latest Research Report on Brandywine Realty TrustBrandywine Realty Trust Company Profile (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 ArticlesFive stocks we like better than Brandywine Realty TrustDo ETFs Pay Dividends? What You Need to KnowWith a 60%+ Upside, There’s Plenty to Love About LovesacStock Market Upgrades: What Are They?J.
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