Brandywine Realty Trust (BDN) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC increased its stake in Brandywine Realty Trust (NYSE:BDN) by 13.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 920,835 shares of the real estate investment trust’s stock after acquiring an additional 111,993 shares during the period. Janus Henderson Group PLC owned approximately 0.52% of Brandywine Realty Trust worth $14,471,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Global Endowment Management LP raised its stake in shares of Brandywine Realty Trust by 7.3% during the third quarter. Global Endowment Management LP now owns 97,600 shares of the real estate investment trust’s stock valued at $1,534,000 after purchasing an additional 6,600 shares during the period. Commonwealth Bank of Australia purchased a new stake in shares of Brandywine Realty Trust during the third quarter valued at approximately $262,000. Redpoint Investment Management Pty Ltd purchased a new stake in shares of Brandywine Realty Trust during the third quarter valued at approximately $214,000. JPMorgan Chase & Co. raised its stake in shares of Brandywine Realty Trust by 7.6% during the third quarter. JPMorgan Chase & Co. now owns 9,590,384 shares of the real estate investment trust’s stock valued at $150,760,000 after purchasing an additional 677,156 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH raised its stake in shares of Brandywine Realty Trust by 6.3% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 65,900 shares of the real estate investment trust’s stock valued at $1,036,000 after purchasing an additional 3,900 shares during the period. 96.40% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:BDN opened at $14.02 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.24 and a quick ratio of 2.24. The firm has a market capitalization of $2.56 billion, a P/E ratio of 10.72, a P/E/G ratio of 1.89 and a beta of 0.96. Brandywine Realty Trust has a 12-month low of $13.69 and a 12-month high of $18.69.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Wednesday, October 17th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.27). The company had revenue of $135.00 million during the quarter, compared to the consensus estimate of $136.73 million. Brandywine Realty Trust had a return on equity of 4.98% and a net margin of 16.26%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.35 EPS. Equities research analysts predict that Brandywine Realty Trust will post 1.37 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 22nd. Investors of record on Tuesday, January 8th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date is Monday, January 7th. This is a positive change from Brandywine Realty Trust’s previous quarterly dividend of $0.18. Brandywine Realty Trust’s payout ratio is 54.96%.

A number of analysts have recently issued reports on the stock. Citigroup dropped their price objective on shares of Brandywine Realty Trust from $16.50 to $15.00 and set a “hold” rating on the stock in a research note on Tuesday, October 30th. Zacks Investment Research upgraded shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, October 23rd. Raymond James dropped their price objective on shares of Brandywine Realty Trust from $18.00 to $17.00 and set a “buy” rating on the stock in a research note on Tuesday, October 23rd. Barclays reiterated a “hold” rating and set a $16.00 price objective on shares of Brandywine Realty Trust in a research note on Sunday, October 14th. Finally, ValuEngine lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, October 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $17.14.

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Brandywine Realty Trust Company Profile

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Washington, DC, and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 184 properties and 25.3 million square feet as of September 30, 2018, which excludes assets held for sale.

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Institutional Ownership by Quarter for Brandywine Realty Trust (NYSE:BDN)

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