Gerard H. Sweeney Sells 20,000 Shares of Brandywine Realty Trust (BDN) Stock

Brandywine Realty Trust (NYSE:BDN) insider Gerard H. Sweeney sold 20,000 shares of Brandywine Realty Trust 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Brandywine Realty Trust (NYSE BDN) traded down $0.42 during trading hours on Wednesday, hitting $18.16. 2,606,200 shares of the company traded hands, compared to its average volume of 1,278,253. Brandywine Realty Trust has a twelve month low of $15.63 and a twelve month high of $18.69. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $3,260.37, a PE ratio of 13.66, a PEG ratio of 3.30 and a beta of 1.02.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings data on Wednesday, October 18th. The real estate investment trust reported $0.11 EPS for the quarter, missing the Zacks’ 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 company had revenue of $128.43 million for the quarter, compared to the consensus estimate of $131.16 million. During the same period last year, the firm earned $0.33 earnings per share. The company’s revenue for the quarter was down 1.0% compared to the same quarter last year. research analysts predict that Brandywine Realty Trust will post 1.32 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 23rd. Shareholders of record on Tuesday, January 9th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 3.96%. This is a boost from Brandywine Realty Trust’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Monday, January 8th. Brandywine Realty Trust’s payout ratio is 400.03%.

A number of hedge funds have recently added to or reduced their stakes in the business. Fort Washington Investment Advisors Inc. OH boosted its position in Brandywine Realty Trust by 0.5% during the second 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 purchasing an additional 300 shares during the period. GAM Holding AG boosted its position in Brandywine Realty Trust by 4.0% during the second quarter. GAM Holding AG now owns 15,128 shares of the real estate investment trust’s stock worth $265,000 after purchasing an additional 578 shares during the period. Farr Miller & Washington LLC DC boosted its position in Brandywine Realty Trust by 0.7% during the second quarter. Farr Miller & Washington LLC DC now owns 94,666 shares of the real estate investment trust’s stock worth $1,659,000 after purchasing an additional 675 shares during the period. Thrivent Financial For Lutherans boosted its position in Brandywine Realty Trust by 1.5% during the second quarter. Thrivent Financial For Lutherans now owns 69,904 shares of the real estate investment trust’s stock worth $1,225,000 after purchasing an additional 1,000 shares during the period. Finally, Sei Investments Co. boosted its position in Brandywine Realty Trust by 4.4% during the second quarter. Sei Investments Co. now owns 76,889 shares of the real estate investment trust’s stock worth $1,348,000 after purchasing an additional 3,271 shares during the period. 98.47% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have recently issued reports on the stock. KeyCorp upgraded shares of Brandywine Realty Trust from a “sector weight” rating to an “overweight” rating and set a $21.00 price objective on the stock in a report on Tuesday. Zacks Investment Research raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Monday, December 11th. 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. SunTrust Banks reissued a “buy” rating and issued a $18.00 target price on shares of Brandywine Realty Trust in a research note on Friday, October 20th. Finally, ValuEngine raised shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price 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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