Paloma Partners Management Co Sells 6,115 Shares of Brandywine Realty Trust (BDN)

Paloma Partners Management Co reduced its position in Brandywine Realty Trust (NYSE:BDN) by 21.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,508 shares of the real estate investment trust’s stock after selling 6,115 shares during the quarter. Paloma Partners Management Co’s holdings in Brandywine Realty Trust were worth $410,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BDN. First Trust Advisors LP raised its stake in Brandywine Realty Trust by 21.8% in the 3rd quarter. First Trust Advisors LP now owns 63,248 shares of the real estate investment trust’s stock valued at $1,106,000 after purchasing an additional 11,332 shares during the last quarter. Sei Investments Co. increased its stake in shares of Brandywine Realty Trust by 21.0% in the 3rd quarter. Sei Investments Co. now owns 93,060 shares of the real estate investment trust’s stock worth $1,627,000 after acquiring an additional 16,171 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Brandywine Realty Trust by 3.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,236,970 shares of the real estate investment trust’s stock worth $21,635,000 after acquiring an additional 37,875 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Brandywine Realty Trust by 5.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 468,973 shares of the real estate investment trust’s stock worth $8,204,000 after acquiring an additional 24,744 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in shares of Brandywine Realty Trust by 258.4% in the 3rd quarter. SG Americas Securities LLC now owns 34,388 shares of the real estate investment trust’s stock worth $601,000 after acquiring an additional 24,792 shares during the last quarter.

A number of analysts have issued reports on the company. Zacks Investment Research downgraded Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. KeyCorp raised Brandywine Realty Trust from a “sector weight” rating to an “overweight” rating and set a $21.00 target price for the company in a research note on Tuesday, December 19th. Stifel Nicolaus downgraded Brandywine Realty Trust from a “buy” rating to a “hold” rating and cut their target price for the stock from $19.00 to $17.00 in a research note on Tuesday, March 13th. Evercore ISI raised Brandywine Realty Trust from an “in-line” rating to an “outperform” rating in a research note on Monday, December 4th. Finally, Barclays raised their target price on Brandywine Realty Trust from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 30th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $18.60.

Shares of Brandywine Realty Trust stock opened at $15.32 on Friday. Brandywine Realty Trust has a 52 week low of $15.26 and a 52 week high of $18.69. The stock has a market capitalization of $2,733.73, a price-to-earnings ratio of 11.52, a price-to-earnings-growth ratio of 2.00 and a beta of 1.05. The company has a quick ratio of 3.64, a current ratio of 3.64 and a debt-to-equity ratio of 1.05.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Thursday, January 25th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). The business had revenue of $133.30 million for the quarter, compared to analysts’ expectations of $128.42 million. Brandywine Realty Trust had a return on equity of 7.07% and a net margin of 23.20%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.35 earnings per share. sell-side analysts anticipate that Brandywine Realty Trust will post 1.37 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, April 4th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend is Tuesday, April 3rd. Brandywine Realty Trust’s dividend payout ratio is presently 110.77%.

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Brandywine Realty Trust Profile

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, Washington, DC, 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 185 properties and 25.3 million square feet as of December 31, 2017, which excludes assets held for sale.

Institutional Ownership by Quarter for Brandywine Realty Trust (NYSE:BDN)

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