Brandywine Realty Trust (NYSE:BDN) CEO Gerard H. Sweeney Sells 9,241 Shares

Brandywine Realty Trust (NYSE:BDN) CEO Gerard H. Sweeney sold 9,241 shares of the 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 $171,050.91. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Gerard H. Sweeney also recently made the following trade(s):

  • On Monday, December 18th, Gerard H. Sweeney sold 20,000 shares of Brandywine Realty Trust stock. The shares were sold at an average price of $18.51, for a total transaction of $370,200.00.

Brandywine Realty Trust (NYSE:BDN) traded down $0.13 during trading on Friday, hitting $17.20. The company’s stock had a trading volume of 1,090,000 shares, compared to its average volume of 1,640,000. The company has a market cap of $3,020.00, a PE ratio of 107.50, a price-to-earnings-growth ratio of 2.87 and a beta of 1.02. Brandywine Realty Trust has a 52-week low of $15.63 and a 52-week high of $18.69. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.83 and a quick ratio of 1.83.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings results on Wednesday, October 18th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $128.43 million for the quarter, compared to the consensus estimate of $131.16 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. Brandywine Realty Trust’s quarterly revenue was down 1.0% on a year-over-year basis. sell-side analysts expect that Brandywine Realty Trust will post 1.32 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 23rd. Investors of record on Tuesday, January 9th will be issued a $0.18 dividend. This is a boost from Brandywine Realty Trust’s previous quarterly dividend of $0.16. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date of this dividend is Monday, January 8th. Brandywine Realty Trust’s dividend payout ratio (DPR) is currently 450.00%.

Several institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. lifted its holdings in shares of Brandywine Realty Trust by 2.4% in the 2nd quarter. BlackRock Inc. now owns 12,174,726 shares of the real estate investment trust’s stock worth $213,422,000 after purchasing an additional 287,894 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Brandywine Realty Trust by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,479,270 shares of the real estate investment trust’s stock worth $148,810,000 after purchasing an additional 237,279 shares in the last quarter. Macquarie Group Ltd. lifted its holdings in shares of Brandywine Realty Trust by 21.0% in the 3rd quarter. Macquarie Group Ltd. now owns 5,966,584 shares of the real estate investment trust’s stock worth $104,356,000 after purchasing an additional 1,037,395 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Brandywine Realty Trust by 3.4% in the 2nd quarter. Franklin Resources Inc. now owns 5,346,730 shares of the real estate investment trust’s stock worth $93,728,000 after purchasing an additional 175,935 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Brandywine Realty Trust by 6.6% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 3,887,600 shares of the real estate investment trust’s stock worth $67,994,000 after purchasing an additional 240,925 shares in the last quarter. Institutional investors own 98.47% of the company’s stock.

A number of analysts have weighed in on the stock. KeyCorp reissued a “hold” rating on shares of Brandywine Realty Trust in a research report on Sunday, September 24th. SunTrust Banks restated a “buy” rating and set a $18.00 price target on shares of Brandywine Realty Trust in a report on Friday, October 20th. Zacks Investment Research upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. Finally, Evercore ISI upgraded Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a report on Monday, December 4th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average 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.

Insider Buying and Selling by Quarter for Brandywine Realty Trust (NYSE:BDN)

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