Brandywine Realty Trust (NYSE:BDN) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Brandywine Realty Trust (NYSE:BDN) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.00 and traded as high as $3.26. Brandywine Realty Trust shares last traded at $3.2050, with a volume of 1,084,928 shares trading hands.

Wall Street Analysts Forecast Growth

BDN has been the subject of a number of research 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 reaffirmed a “hold” rating and issued a $3.00 target price (down from $3.50) on shares of Brandywine Realty Trust in a report on Monday, April 27th. Three analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Brandywine Realty Trust currently has a consensus rating of “Reduce” and a consensus price target of $3.50.

Brandywine Realty Trust Stock Down 1.1%

The business’s fifty day moving average price is $2.98 and its 200 day moving average price is $3.00. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 3.55. The firm has a market capitalization of $556.74 million, a PE ratio of -2.79 and a beta of 1.30.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $127.00 million during the quarter, compared to analysts’ expectations of $110.27 million. On average, equities research analysts forecast that Brandywine Realty Trust will post 0.56 earnings per share for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 10.0%. The ex-dividend date is Wednesday, July 8th. Brandywine Realty Trust’s dividend payout ratio (DPR) is -27.83%.

Institutional Trading of Brandywine Realty Trust

Several hedge funds have recently made changes to their positions in BDN. Amundi increased its holdings in shares of Brandywine Realty Trust by 2.2% in the 1st quarter. Amundi now owns 176,372 shares of the real estate investment trust’s stock valued at $787,000 after purchasing an additional 3,794 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Brandywine Realty Trust by 11.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,274,556 shares of the real estate investment trust’s stock valued at $5,685,000 after purchasing an additional 130,811 shares in the last quarter. Strs Ohio purchased a new position in shares of Brandywine Realty Trust in the 1st quarter valued at about $136,000. Creative Planning increased its holdings in shares of Brandywine Realty Trust by 23.9% in the 2nd quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 2,749 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Brandywine Realty Trust by 95.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 829,246 shares of the real estate investment trust’s stock valued at $3,557,000 after purchasing an additional 405,447 shares in the last quarter. Institutional investors and hedge funds own 87.27% of the company’s stock.

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.