Telos Capital Management Inc. Has $278,000 Position in Brandywine Realty Trust (NYSE:BDN)

Telos Capital Management Inc. trimmed its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 10.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 49,664 shares of the real estate investment trust’s stock after selling 5,947 shares during the period. Telos Capital Management Inc.’s holdings in Brandywine Realty Trust were worth $278,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Franklin Resources Inc. increased its position in shares of Brandywine Realty Trust by 222.4% during the 3rd quarter. Franklin Resources Inc. now owns 179,554 shares of the real estate investment trust’s stock worth $1,072,000 after purchasing an additional 123,856 shares during the last quarter. State Street Corp increased its holdings in Brandywine Realty Trust by 2.2% during the third quarter. State Street Corp now owns 10,272,055 shares of the real estate investment trust’s stock worth $55,880,000 after buying an additional 218,444 shares during the last quarter. Barclays PLC raised its position in Brandywine Realty Trust by 91.8% during the third quarter. Barclays PLC now owns 460,039 shares of the real estate investment trust’s stock worth $2,502,000 after acquiring an additional 220,176 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in Brandywine Realty Trust in the third quarter valued at $2,546,000. Finally, Yeomans Consulting Group Inc. bought a new position in shares of Brandywine Realty Trust in the 4th quarter valued at about $16,617,000. Institutional investors own 87.27% of the company’s stock.

Analysts Set New Price Targets

BDN has been the topic of a number of research analyst reports. Evercore ISI dropped their target price on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating on the stock in a report on Thursday. StockNews.com lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday.

Brandywine Realty Trust Trading Up 0.6 %

BDN stock opened at $4.96 on Friday. Brandywine Realty Trust has a one year low of $3.85 and a one year high of $6.54. The stock has a market cap of $856.42 million, a price-to-earnings ratio of -2.76 and a beta of 1.34. The company has a fifty day moving average price of $5.43 and a two-hundred day moving average price of $5.36. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.74 and a quick ratio of 1.74.

Brandywine Realty Trust (NYSE:BDN) last announced 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 net margin of 60.08% and a negative return on equity of 24.59%. Equities analysts anticipate that Brandywine Realty Trust will post 0.91 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Wednesday, January 8th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 12.10%. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -52.63%.

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.