Hsbc Holdings PLC Acquires 195,947 Shares of Brandywine Realty Trust $BDN

Hsbc Holdings PLC grew its holdings in shares of Brandywine Realty Trust (NYSE:BDN) by 73.3% in the 4th quarter, HoldingsChannel reports. The firm owned 463,270 shares of the real estate investment trust’s stock after acquiring an additional 195,947 shares during the quarter. Hsbc Holdings PLC’s holdings in Brandywine Realty Trust were worth $1,357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in BDN. Invesco Ltd. boosted its holdings in shares of Brandywine Realty Trust by 20.8% in the 3rd quarter. Invesco Ltd. now owns 5,492,657 shares of the real estate investment trust’s stock worth $22,904,000 after buying an additional 944,926 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Brandywine Realty Trust by 12.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,488,275 shares of the real estate investment trust’s stock worth $16,026,000 after buying an additional 617,008 shares during the last quarter. Geode Capital Management LLC raised its position in Brandywine Realty Trust by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 4,635,453 shares of the real estate investment trust’s stock worth $13,537,000 after acquiring an additional 92,436 shares during the period. Goldman Sachs Group Inc. raised its position in Brandywine Realty Trust by 171.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,925,736 shares of the real estate investment trust’s stock worth $8,543,000 after acquiring an additional 1,849,532 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Brandywine Realty Trust by 7.5% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,804,116 shares of the real estate investment trust’s stock valued at $11,693,000 after acquiring an additional 195,429 shares during the last quarter. 87.27% of the stock is currently owned by institutional investors.

Brandywine Realty Trust Price Performance

Shares of NYSE BDN opened at $3.06 on Monday. The firm has a market capitalization of $532.43 million, a P/E ratio of -2.67 and a beta of 1.29. 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 stock’s 50-day simple moving average is $3.11 and its two-hundred day simple moving average is $3.00. Brandywine Realty Trust has a twelve month low of $2.47 and a twelve month high of $4.63.

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

Brandywine Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 8th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 10.4%. Brandywine Realty Trust’s dividend payout ratio is presently -27.83%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Truist Financial reissued a “hold” rating and set a $3.00 target price (down from $3.50) on shares of Brandywine Realty Trust in a research report on Monday, April 27th. Wall Street Zen raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Three research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Brandywine Realty Trust currently has a consensus rating of “Reduce” and a consensus price target of $3.50.

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.