Brandywine Realty Trust (NYSE:BDN) Shares Gap Down – Time to Sell?

Shares of Brandywine Realty Trust (NYSE:BDN) gapped down prior to trading on Wednesday . The stock had previously closed at $5.36, but opened at $5.07. Brandywine Realty Trust shares last traded at $4.99, with a volume of 358,060 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 28th.

Brandywine Realty Trust Price Performance

The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.74 and a current ratio of 1.74. The company has a market cap of $876.30 million, a P/E ratio of -2.82 and a beta of 1.34. The stock has a 50-day simple moving average of $5.47 and a 200 day simple moving average of $5.37.

Brandywine Realty Trust (NYSE:BDN) last posted 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 return on equity of 24.59% and a negative net margin of 60.08%. On average, equities analysts expect that Brandywine Realty Trust will post 0.91 EPS for the current year.

Brandywine Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Shareholders of record on Wednesday, January 8th were given a $0.15 dividend. The ex-dividend date was Wednesday, January 8th. This represents a $0.60 annualized dividend and a yield of 11.82%. Brandywine Realty Trust’s payout ratio is -33.33%.

Institutional Investors Weigh In On Brandywine Realty Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Quarry LP grew its stake in shares of Brandywine Realty Trust by 752.5% during the third quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 4,056 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of Brandywine Realty Trust during the fourth quarter worth $26,000. Paloma Partners Management Co acquired a new stake in shares of Brandywine Realty Trust during the third quarter worth $55,000. Coldstream Capital Management Inc. acquired a new stake in shares of Brandywine Realty Trust during the third quarter worth $55,000. Finally, Sei Investments Co. acquired a new stake in shares of Brandywine Realty Trust during the second quarter worth $48,000. 87.27% of the stock is owned by institutional investors and hedge funds.

About Brandywine Realty Trust

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.