Brokerages Set Brandywine Realty Trust (NYSE:BDN) Target Price at $4.00

Shares of Brandywine Realty Trust (NYSE:BDN) have been assigned an average recommendation of “Reduce” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $4.00.

BDN has been the topic of a number of research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Brandywine Realty Trust in a report on Wednesday, January 21st. Citigroup reaffirmed a “sell” rating on shares of Brandywine Realty Trust in a research report on Tuesday, January 27th. Wall Street Zen cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Brandywine Realty Trust in a report on Monday, November 24th. Finally, KeyCorp cut Brandywine Realty Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th.

Brandywine Realty Trust Stock Down 1.9%

Shares of NYSE:BDN opened at $2.91 on Friday. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $504.63 million, a PE ratio of -2.82 and a beta of 1.25. The firm’s 50-day moving average is $3.06 and its two-hundred day moving average is $3.42. Brandywine Realty Trust has a 1 year low of $2.74 and a 1 year high of $4.66.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.15 by ($0.36). The business had revenue of $120.95 million during the quarter, compared to analysts’ expectations of $117.68 million. Brandywine Realty Trust had a negative net margin of 36.79% and a negative return on equity of 20.20%. Analysts predict that Brandywine Realty Trust will post 0.66 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Thursday, April 2nd will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 11.0%. Brandywine Realty Trust’s payout ratio is currently -31.07%.

Institutional Trading of Brandywine Realty Trust

Hedge funds have recently added to or reduced their stakes in the company. Cibc World Markets Corp purchased a new position in Brandywine Realty Trust in the fourth quarter worth approximately $33,000. Advisory Services Network LLC purchased a new stake in shares of Brandywine Realty Trust in the 3rd quarter valued at approximately $34,000. Kovack Advisors Inc. purchased a new stake in shares of Brandywine Realty Trust in the 4th quarter valued at approximately $40,000. State of Wyoming acquired a new stake in shares of Brandywine Realty Trust in the 4th quarter valued at $48,000. Finally, WINTON GROUP Ltd acquired a new stake in shares of Brandywine Realty Trust in the 4th quarter valued at $54,000. Institutional investors and hedge funds own 87.27% of the company’s stock.

Brandywine Realty Trust Company Profile

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.