Kawa Capital Management Inc Acquires New Position in Brandywine Realty Trust (NYSE:BDN)

Kawa Capital Management Inc acquired a new stake in Brandywine Realty Trust (NYSE:BDN) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 2,627,351 shares of the real estate investment trust’s stock, valued at approximately $14,713,000. Brandywine Realty Trust makes up approximately 39.9% of Kawa Capital Management Inc’s holdings, making the stock its largest position. Kawa Capital Management Inc owned about 1.52% of Brandywine Realty Trust as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Quarry LP raised its holdings in shares of Brandywine Realty Trust by 752.5% in the 3rd quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 4,056 shares during the period. Kestra Investment Management LLC acquired a new stake in Brandywine Realty Trust in the fourth quarter valued at about $26,000. US Bancorp DE increased its holdings in Brandywine Realty Trust by 11,198.0% in the 4th quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 5,599 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Brandywine Realty Trust by 360.5% during the fourth 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 acquired a new position in Brandywine Realty Trust during the 3rd quarter worth about $55,000. Institutional investors own 87.27% of the company’s stock.

Brandywine Realty Trust Stock Performance

NYSE:BDN opened at $4.51 on Friday. Brandywine Realty Trust has a 1-year low of $4.17 and a 1-year high of $6.54. 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 business has a 50 day moving average of $4.91 and a 200 day moving average of $5.29. The company has a market capitalization of $779.68 million, a price-to-earnings ratio of -3.95 and a beta of 1.35.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. On average, sell-side analysts predict that Brandywine Realty Trust will post 0.66 earnings per share for the current fiscal year.

Brandywine Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 13.32%. The ex-dividend date is Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -52.63%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on BDN shares. StockNews.com lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th. Evercore ISI dropped their price objective on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating on the stock in a research note on Thursday, February 6th.

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.