Brandywine Realty Trust (NYSE:BDN) Downgraded to Sell Rating by Wall Street Zen

Brandywine Realty Trust (NYSE:BDN) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

BDN has been the subject of a number of other reports. Truist Financial reissued a “hold” rating and issued a $3.00 price target (down from $3.50) on shares of Brandywine Realty Trust in a report on Monday, April 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Brandywine Realty Trust in a research note on Wednesday. Three analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $3.50.

Brandywine Realty Trust Stock Down 1.4%

BDN stock opened at $3.15 on Friday. The firm’s 50-day moving average is $3.12 and its two-hundred day moving average is $3.01. The company has a market capitalization of $546.32 million, a price-to-earnings ratio of -2.73 and a beta of 1.29. Brandywine Realty Trust has a 52 week low of $2.47 and a 52 week high of $4.63. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 3.55.

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 (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 company had revenue of $127.00 million during the quarter, compared to the consensus estimate of $110.27 million. On average, analysts forecast that Brandywine Realty Trust will post 0.56 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Brandywine Realty Trust

Large investors have recently bought and sold shares of the business. LM Asset Management Inc. acquired a new position in Brandywine Realty Trust during the fourth quarter worth $7,826,000. Goldman Sachs Group Inc. grew its stake in Brandywine Realty Trust by 171.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,925,736 shares of the real estate investment trust’s stock valued at $8,543,000 after buying an additional 1,849,532 shares during the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new position in Brandywine Realty Trust in the 3rd quarter valued at $6,542,000. Verition Fund Management LLC raised its holdings in Brandywine Realty Trust by 2,395.1% in the 3rd quarter. Verition Fund Management LLC now owns 1,280,968 shares of the real estate investment trust’s stock worth $5,342,000 after acquiring an additional 1,229,628 shares during the period. Finally, Invesco Ltd. lifted its position in Brandywine Realty Trust by 30.4% during the 2nd quarter. Invesco Ltd. now owns 4,547,731 shares of the real estate investment trust’s stock worth $19,510,000 after acquiring an additional 1,059,054 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.