Brandywine Realty Trust (NYSE:BDN) insider Gerard H. Sweeney sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $18.51, for a total transaction of $370,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Gerard H. Sweeney also recently made the following trade(s):
- On Monday, December 18th, Gerard H. Sweeney sold 9,241 shares of Brandywine Realty Trust stock. The shares were sold at an average price of $18.51, for a total transaction of $171,050.91.
Brandywine Realty Trust (NYSE BDN) traded down $0.07 during midday trading on Thursday, reaching $17.33. 738,564 shares of the company’s stock traded hands, compared to its average volume of 1,214,120. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 1.08. Brandywine Realty Trust has a 12 month low of $15.63 and a 12 month high of $18.69. The firm has a market cap of $3,050.00, a PE ratio of 108.31, a PEG ratio of 2.95 and a beta of 1.02.
Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings results on Wednesday, October 18th. The real estate investment trust reported $0.11 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.24). Brandywine Realty Trust had a return on equity of 2.12% and a net margin of 6.81%. The firm had revenue of $128.43 million for the quarter, compared to analyst estimates of $131.16 million. During the same quarter last year, the firm earned $0.33 EPS. The company’s revenue was down 1.0% on a year-over-year basis. sell-side analysts predict that Brandywine Realty Trust will post 1.32 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 4.15%. The ex-dividend date of this dividend is Monday, January 8th. This is a boost from Brandywine Realty Trust’s previous quarterly dividend of $0.16. Brandywine Realty Trust’s payout ratio is 450.00%.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Fort Washington Investment Advisors Inc. OH grew its holdings in Brandywine Realty Trust by 0.5% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 57,300 shares of the real estate investment trust’s stock worth $1,004,000 after acquiring an additional 300 shares in the last quarter. GAM Holding AG grew its holdings in Brandywine Realty Trust by 4.0% during the 2nd quarter. GAM Holding AG now owns 15,128 shares of the real estate investment trust’s stock worth $265,000 after acquiring an additional 578 shares in the last quarter. Farr Miller & Washington LLC DC grew its holdings in Brandywine Realty Trust by 0.7% during the 2nd quarter. Farr Miller & Washington LLC DC now owns 94,666 shares of the real estate investment trust’s stock worth $1,659,000 after acquiring an additional 675 shares in the last quarter. Thrivent Financial For Lutherans grew its holdings in Brandywine Realty Trust by 1.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 69,904 shares of the real estate investment trust’s stock worth $1,225,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in Brandywine Realty Trust by 4.4% during the 2nd quarter. Sei Investments Co. now owns 76,889 shares of the real estate investment trust’s stock worth $1,348,000 after acquiring an additional 3,271 shares in the last quarter. Institutional investors own 98.47% of the company’s stock.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. KeyCorp raised shares of Brandywine Realty Trust from a “sector weight” rating to an “overweight” rating and set a $21.00 price target on the stock in a research note on Tuesday, December 19th. Evercore ISI raised shares of Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a research note on Monday, December 4th. Finally, SunTrust Banks reissued a “buy” rating and issued a $18.00 price target on shares of Brandywine Realty Trust in a research note on Friday, October 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $18.40.
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Brandywine Realty Trust Company Profile
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company operates through five segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC, Austin, Texas, and Other. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs.
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