Shares of Brandywine Realty Trust (NYSE:BDN) have been assigned an average rating of “Hold” from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $18.13.

A number of research analysts have recently commented on the company. BidaskClub downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Zacks Investment Research downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Mizuho upgraded Brandywine Realty Trust from a “neutral” rating to a “buy” rating and increased their price objective for the company from $16.00 to $19.00 in a report on Monday, July 10th. Stephens upgraded Brandywine Realty Trust to an “underweight” rating in a report on Monday, May 15th. Finally, Stifel Nicolaus upgraded Brandywine Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the company from $17.00 to $19.00 in a report on Thursday, April 20th.

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In related news, EVP William D. Redd sold 112,083 shares of the firm’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $16.56, for a total transaction of $1,856,094.48. Following the transaction, the executive vice president now owns 83,505 shares in the company, valued at approximately $1,382,842.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Wyche Fowler sold 1,824 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $16.82, for a total value of $30,679.68. Following the transaction, the director now owns 64,948 shares in the company, valued at approximately $1,092,425.36. The disclosure for this sale can be found here. Insiders have sold a total of 116,407 shares of company stock worth $1,929,024 in the last 90 days. 1.76% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BDN. Paragon Capital Management Ltd purchased a new position in Brandywine Realty Trust during the first quarter worth about $162,000. Forward Management LLC purchased a new position in Brandywine Realty Trust during the first quarter worth about $163,000. Janney Montgomery Scott LLC purchased a new position in Brandywine Realty Trust during the second quarter worth about $180,000. Clinton Group Inc. purchased a new position in Brandywine Realty Trust during the first quarter worth about $169,000. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new position in Brandywine Realty Trust during the first quarter worth about $171,000.

Shares of Brandywine Realty Trust (NYSE BDN) traded down 0.804% during trading on Friday, hitting $16.665. The stock had a trading volume of 379,615 shares. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 189.375 and a beta of 1.05. The company’s 50 day moving average price is $16.98 and its 200 day moving average price is $16.83. Brandywine Realty Trust has a 12 month low of $14.04 and a 12 month high of $17.83.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings data on Thursday, July 20th. The real estate investment trust reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.31. Brandywine Realty Trust had a return on equity of 1.48% and a net margin of 4.67%. The business had revenue of $127.79 million for the quarter, compared to the consensus estimate of $134.07 million. During the same quarter in the prior year, the business posted $0.32 EPS. The business’s revenue for the quarter was up .5% on a year-over-year basis. Equities research analysts expect that Brandywine Realty Trust will post $0.24 earnings per share for the current fiscal year.

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.

Analyst Recommendations for Brandywine Realty Trust (NYSE:BDN)

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