Brandywine Realty Trust (NYSE:BDN) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Monday.

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. “

BDN has been the subject of several other research reports. BidaskClub upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. SunTrust Banks reiterated a “buy” rating and set a $18.00 target price on shares of Brandywine Realty Trust in a research report on Friday, October 20th. KeyCorp reiterated a “hold” rating on shares of Brandywine Realty Trust in a research report on Friday, August 25th. Evercore ISI upgraded shares of Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a research report on Monday, December 4th. Finally, ValuEngine upgraded shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $17.58.

Shares of Brandywine Realty Trust (NYSE BDN) traded up $0.05 during trading on Monday, hitting $17.88. 1,405,438 shares of the company’s stock traded hands, compared to its average volume of 1,250,016. The company has a market cap of $3,140.00, a PE ratio of 13.11, a price-to-earnings-growth ratio of 3.17 and a beta of 1.02. Brandywine Realty Trust has a 52 week low of $15.39 and a 52 week high of $18.18. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 1.08.

Brandywine Realty Trust (NYSE:BDN) last issued its earnings results on Wednesday, October 18th. The real estate investment trust reported $0.11 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.24). The business had revenue of $128.43 million for the quarter, compared to the consensus estimate of $131.16 million. Brandywine Realty Trust had a net margin of 6.81% and a return on equity of 2.12%. The business’s revenue was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.33 EPS. research analysts forecast that Brandywine Realty Trust will post 1.32 earnings per share for the current fiscal year.

In related news, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the company’s stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $17.41, for a total value of $87,050.00. Following the completion of the sale, the director now owns 60,237 shares in the company, valued at approximately $1,048,726.17. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.76% of the stock is owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the business. Daiwa Securities Group Inc. increased its holdings in Brandywine Realty Trust by 1.6% during the 3rd quarter. Daiwa Securities Group Inc. now owns 6,400 shares of the real estate investment trust’s stock worth $100,000 after purchasing an additional 100 shares in the last quarter. BlackRock Japan Co. Ltd increased its holdings in Brandywine Realty Trust by 1.6% during the 1st quarter. BlackRock Japan Co. Ltd now owns 9,280 shares of the real estate investment trust’s stock worth $130,000 after purchasing an additional 143 shares in the last quarter. Manchester Capital Management LLC bought a new position in Brandywine Realty Trust during the 1st quarter worth about $138,000. Schonfeld Strategic Advisors LLC bought a new position in Brandywine Realty Trust during the 1st quarter worth about $157,000. Finally, Paragon Capital Management Ltd bought a new position in Brandywine Realty Trust during the 1st quarter worth about $162,000. Hedge funds and other institutional investors own 98.79% of the company’s stock.

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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.

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Analyst Recommendations for Brandywine Realty Trust (NYSE:BDN)

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