EntryPoint Capital LLC Invests $214,000 in Brandywine Realty Trust (NYSE:BDN)

EntryPoint Capital LLC acquired a new stake in Brandywine Realty Trust (NYSE:BDN) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 38,131 shares of the real estate investment trust’s stock, valued at approximately $214,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Yeomans Consulting Group Inc. bought a new stake in shares of Brandywine Realty Trust during the fourth quarter valued at approximately $16,617,000. Vanguard Group Inc. raised its stake in Brandywine Realty Trust by 5.4% during the 4th quarter. Vanguard Group Inc. now owns 28,503,532 shares of the real estate investment trust’s stock valued at $159,620,000 after acquiring an additional 1,459,236 shares in the last quarter. New York State Common Retirement Fund boosted its position in Brandywine Realty Trust by 2,688.7% during the 4th quarter. New York State Common Retirement Fund now owns 1,138,791 shares of the real estate investment trust’s stock worth $6,377,000 after acquiring an additional 1,097,955 shares during the period. Brookfield Corp ON bought a new position in shares of Brandywine Realty Trust in the third quarter worth $2,314,000. Finally, Systematic Financial Management LP increased its holdings in shares of Brandywine Realty Trust by 36.4% during the third quarter. Systematic Financial Management LP now owns 954,325 shares of the real estate investment trust’s stock valued at $5,192,000 after purchasing an additional 254,825 shares during the period. 87.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BDN. StockNews.com downgraded shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 6th. 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 research note on Thursday, February 6th.

Brandywine Realty Trust Stock Performance

Shares of BDN opened at $4.45 on Friday. The company has a debt-to-equity ratio of 2.12, a current ratio of 2.26 and a quick ratio of 1.74. The firm’s 50 day moving average is $4.90 and its 200-day moving average is $5.29. Brandywine Realty Trust has a 12-month low of $4.17 and a 12-month high of $6.54. The stock has a market capitalization of $769.30 million, a P/E ratio of -3.90 and a beta of 1.35.

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, beating the consensus estimate of $0.01 by $0.16. Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. Equities research analysts anticipate that Brandywine Realty Trust will post 0.66 EPS for the current fiscal year.

Brandywine Realty Trust Announces Dividend

The company also recently disclosed 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 13.50%. The ex-dividend date of this dividend is Thursday, April 3rd. Brandywine Realty Trust’s payout ratio is -52.63%.

Brandywine Realty Trust Company 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.