Telos Capital Management Inc. Sells 5,947 Shares of Brandywine Realty Trust (NYSE:BDN)

Telos Capital Management Inc. lessened its position in shares of Brandywine Realty Trust (NYSE:BDN) by 10.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,664 shares of the real estate investment trust’s stock after selling 5,947 shares during the quarter. Telos Capital Management Inc.’s holdings in Brandywine Realty Trust were worth $278,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Sei Investments Co. bought a new position in shares of Brandywine Realty Trust in the 2nd quarter valued at about $48,000. The Manufacturers Life Insurance Company lifted its stake in shares of Brandywine Realty Trust by 6.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 65,866 shares of the real estate investment trust’s stock valued at $295,000 after purchasing an additional 4,249 shares during the period. SG Americas Securities LLC boosted its position in shares of Brandywine Realty Trust by 210.0% in the 3rd quarter. SG Americas Securities LLC now owns 39,458 shares of the real estate investment trust’s stock worth $215,000 after purchasing an additional 26,730 shares during the last quarter. CWM LLC grew its stake in shares of Brandywine Realty Trust by 10.8% during the third quarter. CWM LLC now owns 26,063 shares of the real estate investment trust’s stock worth $142,000 after purchasing an additional 2,540 shares during the period. Finally, Redhawk Wealth Advisors Inc. bought a new stake in Brandywine Realty Trust in the third quarter valued at about $113,000. Institutional investors own 87.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on BDN shares. Evercore ISI reduced their target price on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating on the stock in a report on Thursday. StockNews.com lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday.

Brandywine Realty Trust Stock Performance

Shares of Brandywine Realty Trust stock opened at $4.96 on Friday. Brandywine Realty Trust has a 12 month low of $3.85 and a 12 month high of $6.54. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 2.05. The company has a market capitalization of $856.42 million, a PE ratio of -2.76 and a beta of 1.34. The stock’s fifty day simple moving average is $5.43 and its 200 day simple moving average is $5.36.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share for the quarter, beating 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, research analysts predict that Brandywine Realty Trust will post 0.91 EPS for the current year.

Brandywine Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Wednesday, January 8th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 12.10%. The ex-dividend date was Wednesday, January 8th. Brandywine Realty Trust’s dividend payout ratio is -52.63%.

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.