Brandywine Realty Trust (NYSE:BDN) Shares Pass Above 200 Day Moving Average – Time to Sell?

Brandywine Realty Trust (NYSE:BDN)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.00 and traded as high as $3.26. Brandywine Realty Trust shares last traded at $3.2350, with a volume of 2,019,083 shares.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. 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. Wall Street Zen raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note 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’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $3.50.

Brandywine Realty Trust Price Performance

The company has a market cap of $561.95 million, a price-to-earnings ratio of -2.81 and a beta of 1.30. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 3.55. The business has a 50-day moving average price of $3.08 and a 200 day moving average price of $3.00.

Brandywine Realty Trust (NYSE:BDN) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.10). The company had revenue of $127.00 million during the quarter, compared to analyst estimates 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, research analysts expect that Brandywine Realty Trust will post 0.56 earnings per share 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. Investors of record on Wednesday, July 8th will be given a $0.08 dividend. The ex-dividend date is Wednesday, July 8th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 9.9%. Brandywine Realty Trust’s dividend payout ratio (DPR) is -27.83%.

Institutional Trading of Brandywine Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. Amundi boosted its holdings in shares of Brandywine Realty Trust by 2.2% in the first quarter. Amundi now owns 176,372 shares of the real estate investment trust’s stock worth $787,000 after buying an additional 3,794 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Brandywine Realty Trust by 11.4% during the first 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 acquiring an additional 130,811 shares during the period. Strs Ohio acquired a new stake in shares of Brandywine Realty Trust during the first quarter valued at approximately $136,000. Creative Planning raised its holdings in shares of Brandywine Realty Trust by 23.9% during the second quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 2,749 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its position 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 acquiring 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.