Brandywine Realty Trust (NYSE:BDN) Receives Consensus Recommendation of “Reduce” from Brokerages

Brandywine Realty Trust (NYSE:BDN) has received an average rating of “Reduce” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $3.50.

BDN has been the subject of several analyst reports. Wall Street Zen raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Truist Financial reissued a “hold” rating and set a $3.00 price target (down from $3.50) on shares of Brandywine Realty Trust in a report on Monday, April 27th.

Brandywine Realty Trust Stock Performance

Shares of BDN opened at $3.03 on Thursday. Brandywine Realty Trust has a 1 year low of $2.47 and a 1 year high of $4.63. The company has a market cap of $525.47 million, a price-to-earnings ratio of -2.63 and a beta of 1.30. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.93 and a current ratio of 1.93. The firm has a fifty day moving average of $2.87 and a 200-day moving average of $3.03.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.10). Brandywine Realty Trust had a negative net margin of 40.79% and a negative return on equity of 24.45%. The firm had revenue of $127.00 million for the quarter, compared to analyst estimates of $110.27 million. As a group, equities analysts anticipate that Brandywine Realty Trust will post 0.56 earnings per share for the current year.

Hedge Funds Weigh In On Brandywine Realty Trust

Several hedge funds and other institutional investors have recently modified their holdings of the company. Allianz Asset Management GmbH lifted its holdings in Brandywine Realty Trust by 116.9% in the third quarter. Allianz Asset Management GmbH now owns 815,112 shares of the real estate investment trust’s stock worth $3,399,000 after purchasing an additional 439,339 shares during the period. JPMorgan Chase & Co. lifted its holdings in Brandywine Realty Trust by 25.5% in the third quarter. JPMorgan Chase & Co. now owns 1,525,615 shares of the real estate investment trust’s stock worth $6,362,000 after purchasing an additional 309,552 shares during the period. UBS Group AG lifted its holdings in Brandywine Realty Trust by 73.0% in the fourth quarter. UBS Group AG now owns 1,849,023 shares of the real estate investment trust’s stock worth $5,399,000 after purchasing an additional 780,312 shares during the period. Metis Global Partners LLC lifted its holdings in Brandywine Realty Trust by 36.7% in the third quarter. Metis Global Partners LLC now owns 39,007 shares of the real estate investment trust’s stock worth $163,000 after purchasing an additional 10,480 shares during the period. Finally, Versor Investments LP lifted its holdings in Brandywine Realty Trust by 61.7% in the third quarter. Versor Investments LP now owns 207,300 shares of the real estate investment trust’s stock worth $864,000 after purchasing an additional 79,100 shares during the period. 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.