Brandywine Realty Trust (NYSE:BDN) Given Average Recommendation of “Hold” by Analysts

Brandywine Realty Trust (NYSE:BDN) has been assigned an average recommendation of “Hold” from the seven research firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $16.13.

Several research analysts recently weighed in on BDN shares. Zacks Investment Research lowered Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research report on Friday, July 26th. Argus raised Brandywine Realty Trust from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Monday, July 8th. Bank of America lowered Brandywine Realty Trust from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $16.50 to $15.50 in a research report on Tuesday, June 11th. Finally, ValuEngine lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, June 28th.

Shares of Brandywine Realty Trust stock traded down $0.06 during trading hours on Tuesday, reaching $14.40. 967,484 shares of the company’s stock were exchanged, compared to its average volume of 1,697,346. Brandywine Realty Trust has a 52-week low of $12.32 and a 52-week high of $16.93. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 10.51, a price-to-earnings-growth ratio of 3.23 and a beta of 0.95. The company has a fifty day moving average of $14.56 and a 200-day moving average of $15.20. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 1.23.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Monday, July 22nd. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.32). Brandywine Realty Trust had a return on equity of 5.02% and a net margin of 15.89%. The business had revenue of $144.20 million for the quarter, compared to analysts’ expectations of $144.45 million. During the same period in the prior year, the company earned $0.35 EPS. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, equities research analysts anticipate that Brandywine Realty Trust will post 1.42 earnings per share for the current fiscal year.

In related news, Director Anthony A. Sr Nichols, Sr. sold 6,800 shares of the stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $14.54, for a total value of $98,872.00. Following the transaction, the director now directly owns 67,522 shares of the company’s stock, valued at approximately $981,769.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.32% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in BDN. Norges Bank acquired a new stake in shares of Brandywine Realty Trust during the fourth quarter valued at about $26,633,000. Prentiss Smith & Co. Inc. grew its stake in shares of Brandywine Realty Trust by 148.6% during the second quarter. Prentiss Smith & Co. Inc. now owns 258,902 shares of the real estate investment trust’s stock valued at $3,707,000 after acquiring an additional 154,750 shares in the last quarter. Marshall Wace North America L.P. grew its stake in shares of Brandywine Realty Trust by 256.5% during the first quarter. Marshall Wace North America L.P. now owns 132,865 shares of the real estate investment trust’s stock valued at $2,107,000 after acquiring an additional 95,593 shares in the last quarter. Systematic Financial Management LP grew its stake in shares of Brandywine Realty Trust by 1.0% during the second quarter. Systematic Financial Management LP now owns 1,057,957 shares of the real estate investment trust’s stock valued at $15,150,000 after acquiring an additional 10,445 shares in the last quarter. Finally, River Wealth Advisors LLC grew its stake in shares of Brandywine Realty Trust by 3.7% during the second quarter. River Wealth Advisors LLC now owns 80,567 shares of the real estate investment trust’s stock valued at $1,154,000 after acquiring an additional 2,888 shares in the last quarter. 93.93% of the stock is currently owned by institutional investors.

About Brandywine Realty Trust

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 181 properties and 24.8 million square feet as of December 31, 2018, which excludes assets held for sale.

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Analyst Recommendations for Brandywine Realty Trust (NYSE:BDN)

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