Brandywine Realty Trust (NYSE:BDN) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

According to Zacks, “Brandywine Realty Trust is a self-administered, self-managed and fully integrated Real Estate Investment Trust active in acquiring, developing, redeveloping, leasing and managing suburban office and industrial properties. The company’s portfolio includes approximately 151 office properties and 28 industrial facilities. Certain of the Properties serve as flex facilities, accommodating office use, warehouse space and research and development activities. “

Several other brokerages also recently commented on BDN. Stifel Nicolaus raised shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating and upped their price objective for the company from $17.00 to $19.00 in a research note on Thursday, April 20th. Stephens raised shares of Brandywine Realty Trust to an “underweight” rating in a research note on Monday, May 15th. Mizuho raised shares of Brandywine Realty Trust from a “neutral” rating to a “buy” rating and upped their price objective for the company from $16.00 to $19.00 in a research note on Monday, July 10th. Finally, BidaskClub downgraded shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $17.58.

Brandywine Realty Trust (BDN) traded up 0.59% during mid-day trading on Tuesday, reaching $16.91. The company had a trading volume of 1,279,893 shares. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 192.16 and a beta of 1.06. Brandywine Realty Trust has a 12-month low of $14.04 and a 12-month high of $17.83. The firm has a 50-day moving average price of $17.32 and a 200 day moving average price of $16.77.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings data on Thursday, July 20th. The real estate investment trust reported $0.32 EPS for the quarter, beating the consensus estimate of $0.01 by $0.31. The firm had revenue of $127.79 million during the quarter, compared to the consensus estimate of $134.07 million. Brandywine Realty Trust had a net margin of 4.67% and a return on equity of 1.46%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 earnings per share. Analysts expect that Brandywine Realty Trust will post $0.24 EPS for the current year.

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In related news, EVP H Jeffrey Devuono sold 9,027 shares of the business’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $17.01, for a total transaction of $153,549.27. Following the transaction, the executive vice president now owns 147,560 shares in the company, valued at $2,509,995.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.76% of the stock is owned by insiders.

Institutional investors have recently made changes to their positions in the stock. Independent Portfolio Consultants Inc. boosted its position in shares of Brandywine Realty Trust by 0.3% in the second quarter. Independent Portfolio Consultants Inc. now owns 11,935 shares of the real estate investment trust’s stock valued at $201,000 after buying an additional 30 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Brandywine Realty Trust by 1.6% in the second quarter. Daiwa Securities Group Inc. now owns 6,300 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 100 shares in the last quarter. BlackRock Japan Co. Ltd boosted its position in shares of Brandywine Realty Trust by 1.6% in the first quarter. BlackRock Japan Co. Ltd now owns 9,280 shares of the real estate investment trust’s stock valued at $130,000 after buying an additional 143 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in shares of Brandywine Realty Trust by 0.6% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 28,417 shares of the real estate investment trust’s stock valued at $444,000 after buying an additional 174 shares in the last quarter. Finally, Commonwealth Equity Services Inc boosted its position in shares of Brandywine Realty Trust by 1.0% in the second quarter. Commonwealth Equity Services Inc now owns 21,090 shares of the real estate investment trust’s stock valued at $354,000 after buying an additional 218 shares in the last quarter.

Brandywine Realty Trust Company Profile

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC, Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs.

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Analyst Recommendations for Brandywine Realty Trust (NYSE:BDN)

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