Brandywine Realty Trust (NYSE:BDN – Get Rating)’s share price hit a new 52-week low on Thursday . The company traded as low as $9.23 and last traded at $9.40, with a volume of 21516 shares changing hands. The stock had previously closed at $9.73.
Separately, StockNews.com raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, April 14th.
The company has a market cap of $1.60 billion, a P/E ratio of 133.71, a P/E/G ratio of 2.85 and a beta of 1.15. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 1.19. The business has a fifty day simple moving average of $11.46 and a two-hundred day simple moving average of $12.80.
Brandywine Realty Trust (NYSE:BDN – Get Rating) last issued its quarterly earnings results on Wednesday, April 20th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.31). Brandywine Realty Trust had a return on equity of 0.66% and a net margin of 2.30%. The business had revenue of $127.50 million for the quarter, compared to analysts’ expectations of $126.45 million. During the same quarter in the prior year, the business earned $0.35 EPS. The company’s revenue was up 5.5% compared to the same quarter last year. On average, equities analysts predict that Brandywine Realty Trust will post 1.39 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 20th. Investors of record on Wednesday, July 6th will be paid a dividend of $0.19 per share. The ex-dividend date is Tuesday, July 5th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.12%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 1,085.71%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Riverview Trust Co bought a new position in shares of Brandywine Realty Trust in the first quarter worth approximately $26,000. Rockefeller Capital Management LP lifted its stake in shares of Brandywine Realty Trust by 124.4% during the 4th quarter. Rockefeller Capital Management LP now owns 1,943 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 1,077 shares in the last quarter. CWM LLC boosted its holdings in Brandywine Realty Trust by 107.8% in the 1st quarter. CWM LLC now owns 3,071 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 1,593 shares during the period. Aaron Wealth Advisors LLC bought a new position in Brandywine Realty Trust in the 1st quarter worth $235,000. Finally, Mitsubishi UFJ Trust & Banking Corp increased its stake in Brandywine Realty Trust by 301.6% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 4,389 shares of the real estate investment trust’s stock worth $58,000 after buying an additional 3,296 shares in the last quarter.
About Brandywine Realty Trust (NYSE:BDN)
Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Austin and Washington, DC markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 175 properties and 24.7 million square feet as of December 31, 2020 which excludes assets held for sale.
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