Sciencast Management LP Takes Position in Brandywine Realty Trust (NYSE:BDN)

Sciencast Management LP purchased a new stake in Brandywine Realty Trust (NYSE:BDN) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,183 shares of the real estate investment trust’s stock, valued at approximately $57,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Pine Valley Investments Ltd Liability Co boosted its holdings in shares of Brandywine Realty Trust by 13.1% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 18,914 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 2,190 shares during the period. Daiwa Securities Group Inc. boosted its holdings in shares of Brandywine Realty Trust by 5.5% in the third quarter. Daiwa Securities Group Inc. now owns 57,633 shares of the real estate investment trust’s stock valued at $314,000 after buying an additional 3,021 shares during the period. Quarry LP boosted its holdings in shares of Brandywine Realty Trust by 752.5% in the third quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 4,056 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Brandywine Realty Trust in the fourth quarter valued at approximately $26,000. Finally, 17 Capital Partners LLC boosted its holdings in shares of Brandywine Realty Trust by 37.7% in the fourth quarter. 17 Capital Partners LLC now owns 18,240 shares of the real estate investment trust’s stock valued at $102,000 after buying an additional 4,991 shares during the period. Institutional investors and hedge funds own 87.27% of the company’s stock.

Brandywine Realty Trust Stock Performance

Shares of BDN opened at $4.49 on Monday. Brandywine Realty Trust has a 12 month low of $4.17 and a 12 month high of $6.54. The firm has a fifty day simple moving average of $4.96 and a 200 day simple moving average of $5.31. The stock has a market capitalization of $776.22 million, a price-to-earnings ratio of -3.93 and a beta of 1.35. The company has a current ratio of 2.26, a quick ratio of 1.74 and a debt-to-equity ratio of 2.12.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, topping the consensus estimate of $0.01 by $0.16. Brandywine Realty Trust had a negative net margin of 38.46% and a negative return on equity of 16.40%. Research analysts forecast that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 13.38%. The ex-dividend date of this dividend is Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently -52.63%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BDN. Evercore ISI reduced their price target on shares of Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a report on Thursday, February 6th. StockNews.com cut shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 6th.

Brandywine Realty Trust Profile

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 and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.