Brandywine Realty Trust (NYSE:BDN) Stock Position Decreased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lessened its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 2.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 249,931 shares of the real estate investment trust’s stock after selling 6,144 shares during the period. Public Employees Retirement System of Ohio owned 0.14% of Brandywine Realty Trust worth $3,579,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in BDN. Geode Capital Management LLC grew its position in shares of Brandywine Realty Trust by 9.1% during the 4th quarter. Geode Capital Management LLC now owns 2,279,404 shares of the real estate investment trust’s stock valued at $29,335,000 after buying an additional 190,913 shares during the last quarter. SG Americas Securities LLC grew its position in shares of Brandywine Realty Trust by 82.3% during the 1st quarter. SG Americas Securities LLC now owns 35,981 shares of the real estate investment trust’s stock valued at $571,000 after buying an additional 16,242 shares during the last quarter. First Mercantile Trust Co. bought a new stake in shares of Brandywine Realty Trust during the 1st quarter valued at about $193,000. Forsta AP Fonden grew its position in shares of Brandywine Realty Trust by 92.3% during the 1st quarter. Forsta AP Fonden now owns 32,300 shares of the real estate investment trust’s stock valued at $512,000 after buying an additional 15,500 shares during the last quarter. Finally, Parametric Portfolio Associates LLC grew its position in shares of Brandywine Realty Trust by 8.8% during the 1st quarter. Parametric Portfolio Associates LLC now owns 554,167 shares of the real estate investment trust’s stock valued at $8,789,000 after buying an additional 44,846 shares during the last quarter. 98.40% of the stock is owned by institutional investors and hedge funds.

Brandywine Realty Trust stock traded down $0.12 during midday trading on Friday, reaching $14.73. 1,222,724 shares of the stock traded hands, compared to its average volume of 1,063,900. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 1.23. The firm has a fifty day moving average price of $14.50 and a two-hundred day moving average price of $15.05. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 10.75, a PEG ratio of 2.68 and a beta of 0.96. Brandywine Realty Trust has a fifty-two week low of $12.32 and a fifty-two week high of $16.58.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Monday, July 22nd. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.32). The firm had revenue of $144.20 million for the quarter, compared to analyst estimates of $144.45 million. Brandywine Realty Trust had a net margin of 15.89% and a return on equity of 5.02%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.35 earnings per share. Analysts anticipate that Brandywine Realty Trust will post 1.42 earnings per share for the current year.

The company also recently announced a — dividend, which will be paid on Thursday, October 17th. Shareholders of record on Thursday, October 3rd will be paid a dividend of $0.19 per share. This represents a yield of 5.1%. The ex-dividend date of this dividend is Wednesday, October 2nd. Brandywine Realty Trust’s payout ratio is 55.47%.

BDN has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research report on Friday, July 26th. Bank of America downgraded shares of Brandywine Realty Trust from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $16.50 to $15.50 in a research report on Tuesday, June 11th. ValuEngine downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, June 28th. Finally, Argus raised shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Monday, July 8th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $16.25.

In other Brandywine Realty Trust news, Director Anthony A. Sr Nichols, Sr. sold 6,800 shares of the business’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $14.54, for a total transaction of $98,872.00. Following the completion of the transaction, the director now directly owns 67,522 shares of the company’s stock, valued at approximately $981,769.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.32% of the company’s stock.

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, Washington, DC, 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 181 properties and 24.8 million square feet as of December 31, 2018, which excludes assets held for sale.

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Institutional Ownership by Quarter for Brandywine Realty Trust (NYSE:BDN)

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