Brandywine Realty Trust (BDN) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Brandywine Realty Trust (NYSE:BDN) have been given a consensus rating of “Hold” by the ten brokerages that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $19.00.

A number of equities research analysts have issued reports on the company. Zacks Investment Research cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. Barclays raised their target price on Brandywine Realty Trust from $17.00 to $18.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 30th. KeyCorp upgraded Brandywine Realty Trust from a “sector weight” rating to an “overweight” rating and set a $21.00 target price on the stock in a research note on Tuesday, December 19th. Evercore ISI upgraded Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a research note on Monday, December 4th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $18.00 target price on shares of Brandywine Realty Trust in a research note on Friday, October 20th.

Brandywine Realty Trust (NYSE BDN) traded up $0.13 during mid-day trading on Friday, reaching $15.93. The company’s stock had a trading volume of 449,207 shares, compared to its average volume of 1,612,808. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.83 and a quick ratio of 1.83. The company has a market capitalization of $2,874.06, a PE ratio of 24.51, a price-to-earnings-growth ratio of 2.08 and a beta of 0.96. Brandywine Realty Trust has a 12 month low of $15.65 and a 12 month high of $18.69.

Brandywine Realty Trust (NYSE:BDN) last posted its earnings results on Thursday, January 25th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). The company had revenue of $133.30 million during the quarter, compared to the consensus estimate of $128.42 million. Brandywine Realty Trust had a net margin of 23.20% and a return on equity of 7.12%. The business’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.35 earnings per share. analysts predict that Brandywine Realty Trust will post 1.37 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th were paid a dividend of $0.18 per share. This is a boost from Brandywine Realty Trust’s previous quarterly dividend of $0.16. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date of this dividend was Monday, January 8th. Brandywine Realty Trust’s payout ratio is currently 110.77%.

In related news, CEO Gerard H. Sweeney sold 9,241 shares of Brandywine Realty Trust stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $18.51, for a total transaction of $171,050.91. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.76% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC raised its stake in shares of Brandywine Realty Trust by 31.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 12,500 shares of the real estate investment trust’s stock valued at $227,000 after purchasing an additional 3,000 shares in the last quarter. River Wealth Advisors LLC grew its holdings in Brandywine Realty Trust by 4.9% during the third quarter. River Wealth Advisors LLC now owns 104,427 shares of the real estate investment trust’s stock worth $1,826,000 after acquiring an additional 4,880 shares during the period. Swiss National Bank grew its holdings in Brandywine Realty Trust by 2.1% during the fourth quarter. Swiss National Bank now owns 298,800 shares of the real estate investment trust’s stock worth $5,435,000 after acquiring an additional 6,200 shares during the period. Fox Run Management L.L.C. grew its holdings in Brandywine Realty Trust by 47.8% during the fourth quarter. Fox Run Management L.L.C. now owns 19,950 shares of the real estate investment trust’s stock worth $363,000 after acquiring an additional 6,450 shares during the period. Finally, Great West Life Assurance Co. Can grew its holdings in Brandywine Realty Trust by 7.0% during the third quarter. Great West Life Assurance Co. Can now owns 107,190 shares of the real estate investment trust’s stock worth $1,880,000 after acquiring an additional 7,021 shares during the period. Institutional investors and hedge funds own 99.08% of the company’s stock.

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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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