Inceptionr LLC Sells 57,686 Shares of Brandywine Realty Trust (NYSE:BDN)

Inceptionr LLC lowered its stake in Brandywine Realty Trust (NYSE:BDN) by 84.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,350 shares of the real estate investment trust’s stock after selling 57,686 shares during the quarter. Inceptionr LLC’s holdings in Brandywine Realty Trust were worth $58,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in BDN. Quarry LP boosted its position in shares of Brandywine Realty Trust by 752.5% during the 3rd quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 4,056 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of Brandywine Realty Trust during the 4th quarter valued at about $26,000. US Bancorp DE boosted its position in shares of Brandywine Realty Trust by 11,198.0% during the 4th quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 5,599 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Brandywine Realty Trust by 360.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 6,457 shares during the last quarter. Finally, Paloma Partners Management Co bought a new stake in shares of Brandywine Realty Trust during the 3rd quarter valued at about $55,000. Institutional investors own 87.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on BDN shares. Evercore ISI dropped their price target on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a research report on Thursday, February 6th. StockNews.com downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, February 6th.

Brandywine Realty Trust Stock Performance

Shares of NYSE BDN opened at $4.58 on Tuesday. The stock has a market cap of $791.80 million, a price-to-earnings ratio of -4.01 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 has a 1-year low of $4.17 and a 1-year high of $6.54. The stock’s 50-day moving average is $5.11 and its 200 day moving average is $5.35.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates 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%. On average, sell-side 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. Investors of record on Thursday, April 3rd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.11%. Brandywine Realty Trust’s dividend payout ratio is -52.63%.

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.