Brandywine Realty Trust (NYSE:BDN) Hits New 1-Year Low – Here’s Why

Brandywine Realty Trust (NYSE:BDN)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as $2.83 and last traded at $2.8450, with a volume of 4497659 shares trading hands. The stock had previously closed at $2.88.

Analyst Upgrades and Downgrades

Several analysts have issued reports on BDN shares. Evercore ISI lowered their price objective on shares of Brandywine Realty Trust from $5.00 to $4.00 and set an “in-line” rating for the company in a research report on Friday, November 14th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Brandywine Realty Trust in a report on Wednesday, October 8th. Wall Street Zen downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. KeyCorp cut shares of Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Finally, Truist Financial downgraded Brandywine Realty Trust from a “buy” rating to a “hold” rating and lowered their target price for the company from $5.00 to $4.00 in a research note on Tuesday, September 16th. Three investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Brandywine Realty Trust currently has a consensus rating of “Reduce” and an average target price of $4.00.

Brandywine Realty Trust Trading Down 1.2%

The firm has a market cap of $494.18 million, a P/E ratio of -2.66 and a beta of 1.30. The business’s 50 day moving average is $3.33 and its 200-day moving average is $3.90. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 2.68.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Thursday, October 23rd. The real estate investment trust reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The company had revenue of $121.42 million for the quarter, compared to the consensus estimate of $119.11 million. Brandywine Realty Trust had a negative net margin of 38.03% and a negative return on equity of 19.55%. As a group, analysts forecast that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 22nd. Investors of record on Wednesday, January 7th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 11.2%. The ex-dividend date is Wednesday, January 7th. Brandywine Realty Trust’s dividend payout ratio (DPR) is -29.91%.

Insider Activity

In other Brandywine Realty Trust news, Director James C. Diggs sold 23,190 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $3.47, for a total transaction of $80,469.30. Following the sale, the director owned 128,672 shares in the company, valued at $446,491.84. This represents a 15.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gerard H. Sweeney bought 88,500 shares of Brandywine Realty Trust stock in a transaction on Monday, November 10th. The shares were purchased at an average cost of $3.38 per share, for a total transaction of $299,130.00. Following the acquisition, the chief executive officer owned 3,042,210 shares in the company, valued at $10,282,669.80. The trade was a 3.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Brandywine Realty Trust

Several large investors have recently added to or reduced their stakes in BDN. Creative Planning boosted its holdings in Brandywine Realty Trust by 23.9% in the second quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 2,749 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Brandywine Realty Trust by 4.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 62,773 shares of the real estate investment trust’s stock worth $269,000 after buying an additional 2,781 shares during the last quarter. CWM LLC lifted its position in shares of Brandywine Realty Trust by 11.1% in the 3rd quarter. CWM LLC now owns 28,721 shares of the real estate investment trust’s stock worth $120,000 after buying an additional 2,873 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Brandywine Realty Trust by 12.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 26,897 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 3,029 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Brandywine Realty Trust by 3.2% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 99,210 shares of the real estate investment trust’s stock valued at $426,000 after buying an additional 3,083 shares during the last quarter. 87.27% of the stock is currently owned by institutional investors.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high‐quality, transit‐oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live‐work‐play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.