Brandywine Realty Trust (NYSE:BDN) – Equities researchers at SunTrust Banks dropped their Q1 2018 earnings estimates for shares of Brandywine Realty Trust in a note issued to investors on Tuesday. SunTrust Banks analyst M. Lewis now anticipates that the real estate investment trust will post earnings of $0.32 per share for the quarter, down from their prior estimate of $0.33. SunTrust Banks currently has a “Buy” rating and a $18.00 price target on the stock. SunTrust Banks also issued estimates for Brandywine Realty Trust’s Q2 2018 earnings at $0.34 EPS, Q3 2018 earnings at $0.35 EPS, Q4 2018 earnings at $0.35 EPS and FY2022 earnings at $1.67 EPS.
Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Thursday, January 25th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). The firm had revenue of $133.30 million during the quarter, compared to the consensus estimate of $128.42 million. Brandywine Realty Trust had a return on equity of 7.12% and a net margin of 23.20%. Brandywine Realty Trust’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter last year, the company posted $0.35 EPS.
Brandywine Realty Trust (NYSE:BDN) opened at $17.52 on Thursday. 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 stock has a market capitalization of $3,089.48, a price-to-earnings ratio of 13.26, a price-to-earnings-growth ratio of 3.00 and a beta of 0.96. Brandywine Realty Trust has a twelve month low of $15.65 and a twelve month high of $18.69.
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 23rd. Stockholders of record on Tuesday, January 9th were issued a dividend of $0.18 per share. The ex-dividend date was Monday, January 8th. This is an increase from Brandywine Realty Trust’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a dividend yield of 4.11%. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 110.77%.
In other news, CEO Gerard H. Sweeney sold 9,241 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $18.51, for a total transaction of $171,050.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.76% of the stock is owned by company insiders.
Large investors have recently modified their holdings of the company. Adviser Investments LLC bought a new position in shares of Brandywine Realty Trust during the third quarter valued at $182,000. Nisa Investment Advisors LLC increased its holdings in Brandywine Realty Trust by 31.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 12,500 shares of the real estate investment trust’s stock worth $227,000 after buying an additional 3,000 shares in the last quarter. Fox Run Management L.L.C. increased its holdings in Brandywine Realty Trust by 47.8% in the 4th quarter. Fox Run Management L.L.C. now owns 19,950 shares of the real estate investment trust’s stock worth $363,000 after buying an additional 6,450 shares in the last quarter. Amica Retiree Medical Trust bought a new stake in Brandywine Realty Trust in the 3rd quarter worth about $356,000. Finally, Schroder Investment Management Group bought a new stake in Brandywine Realty Trust in the 3rd quarter worth about $383,000. Hedge funds and other institutional investors own 99.08% of the company’s stock.
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About Brandywine Realty Trust
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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