Brandywine Realty Trust (NYSE:BDN) – Research analysts at DA Davidson cut their FY2017 earnings per share estimates for Brandywine Realty Trust in a research report issued to clients and investors on Friday. DA Davidson analyst B. Oxford now expects that the real estate investment trust will earn $1.36 per share for the year, down from their prior forecast of $1.38. DA Davidson also issued estimates for Brandywine Realty Trust’s Q4 2017 earnings at $0.36 EPS, Q1 2018 earnings at $0.35 EPS, Q2 2018 earnings at $0.36 EPS, Q3 2018 earnings at $0.36 EPS, Q4 2018 earnings at $0.36 EPS, FY2018 earnings at $1.42 EPS, Q1 2019 earnings at $0.35 EPS, Q2 2019 earnings at $0.37 EPS, Q3 2019 earnings at $0.37 EPS and FY2019 earnings at $1.48 EPS.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings data on Wednesday, October 18th. The real estate investment trust reported $0.11 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.24). Brandywine Realty Trust had a return on equity of 2.10% and a net margin of 6.81%. The firm had revenue of $128.43 million during the quarter, compared to the consensus estimate of $131.16 million. During the same period in the previous year, the firm earned $0.33 EPS. The business’s revenue was down 1.0% on a year-over-year basis.

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BDN has been the subject of a number of other research reports. Zacks Investment Research lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, September 7th. BidaskClub upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. KeyCorp restated a “hold” rating on shares of Brandywine Realty Trust in a research note on Sunday, September 24th. Mizuho upgraded Brandywine Realty Trust from a “neutral” rating to a “buy” rating and raised their target price for the stock from $16.00 to $19.00 in a research note on Monday, July 10th. Finally, SunTrust Banks, Inc. restated a “buy” rating and issued a $18.00 target price on shares of Brandywine Realty Trust in a research note on Friday. One analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $17.58.

Shares of Brandywine Realty Trust (NYSE:BDN) opened at 17.34 on Monday. The company has a 50 day moving average price of $17.43 and a 200 day moving average price of $17.17. The company has a market cap of $3.02 billion, a price-to-earnings ratio of 197.05 and a beta of 1.05. Brandywine Realty Trust has a one year low of $14.04 and a one year high of $18.18.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 18th. Shareholders of record on Wednesday, October 4th were paid a dividend of $0.16 per share. The ex-dividend date was Tuesday, October 3rd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.69%. Brandywine Realty Trust’s payout ratio is currently 400.03%.

In other news, insider Tom Wirth sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $16.90, for a total transaction of $42,250.00. Following the sale, the insider now directly owns 110,473 shares in the company, valued at approximately $1,866,993.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP William D. Redd sold 112,083 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $16.56, for a total value of $1,856,094.48. Following the sale, the executive vice president now owns 83,505 shares in the company, valued at $1,382,842.80. The disclosure for this sale can be found here. Insiders have sold a total of 116,407 shares of company stock valued at $1,929,024 in the last quarter. Company insiders own 1.76% of the company’s stock.

Large investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new stake in shares of Brandywine Realty Trust during the 2nd quarter valued at about $180,000. Forward Management LLC grew its position in shares of Brandywine Realty Trust by 5.1% during the 2nd quarter. Forward Management LLC now owns 10,608 shares of the real estate investment trust’s stock valued at $186,000 after acquiring an additional 513 shares during the period. SG Americas Securities LLC grew its position in shares of Brandywine Realty Trust by 71.0% during the 1st quarter. SG Americas Securities LLC now owns 12,117 shares of the real estate investment trust’s stock valued at $197,000 after acquiring an additional 5,029 shares during the period. Paragon Capital Management Ltd grew its position in shares of Brandywine Realty Trust by 49.3% during the 2nd quarter. Paragon Capital Management Ltd now owns 14,944 shares of the real estate investment trust’s stock valued at $262,000 after acquiring an additional 4,935 shares during the period. Finally, GAM Holding AG grew its position in shares of Brandywine Realty Trust by 4.0% during the 2nd quarter. GAM Holding AG now owns 15,128 shares of the real estate investment trust’s stock valued at $265,000 after acquiring an additional 578 shares during the period. Hedge funds and other institutional investors own 98.03% of the company’s stock.

About Brandywine Realty Trust

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.

Earnings History and Estimates for Brandywine Realty Trust (NYSE:BDN)

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