Anchor Capital Advisors LLC Has $212,000 Position in Brandywine Realty Trust (BDN)

Anchor Capital Advisors LLC held its position in shares of Brandywine Realty Trust (NYSE:BDN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,070 shares of the real estate investment trust’s stock at the end of the second quarter. Anchor Capital Advisors LLC’s holdings in Brandywine Realty Trust were worth $212,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in BDN. Sei Investments Co. boosted its position in shares of Brandywine Realty Trust by 4.4% in the second quarter. Sei Investments Co. now owns 76,889 shares of the real estate investment trust’s stock worth $1,348,000 after buying an additional 3,271 shares in the last quarter. River Wealth Advisors LLC boosted its position in shares of Brandywine Realty Trust by 4.5% in the second quarter. River Wealth Advisors LLC now owns 99,547 shares of the real estate investment trust’s stock worth $1,745,000 after buying an additional 4,276 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Brandywine Realty Trust by 17.2% in the second quarter. Daiwa Securities Group Inc. now owns 15,700 shares of the real estate investment trust’s stock worth $275,000 after buying an additional 2,300 shares in the last quarter. Presima Inc. boosted its position in shares of Brandywine Realty Trust by 2.5% in the second quarter. Presima Inc. now owns 177,400 shares of the real estate investment trust’s stock worth $3,110,000 after buying an additional 4,400 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in shares of Brandywine Realty Trust during the second quarter worth $180,000.

Shares of Brandywine Realty Trust (NYSE:BDN) traded down 0.95% during trading on Friday, reaching $16.64. The company’s stock had a trading volume of 631,799 shares. The company has a 50 day moving average of $16.96 and a 200-day moving average of $16.84. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of 189.09 and a beta of 1.05. Brandywine Realty Trust has a 12-month low of $14.04 and a 12-month high of $17.83.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Thursday, July 20th. The real estate investment trust reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.31. Brandywine Realty Trust had a return on equity of 1.48% and a net margin of 4.67%. The firm had revenue of $127.79 million for the quarter, compared to the consensus estimate of $134.07 million. During the same period in the prior year, the business posted $0.32 earnings per share. The company’s revenue for the quarter was up .5% on a year-over-year basis. Analysts forecast that Brandywine Realty Trust will post $0.24 EPS for the current year.

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A number of equities analysts recently weighed in on the company. BidaskClub cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Zacks Investment Research cut Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Mizuho raised Brandywine Realty Trust from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $16.00 to $19.00 in a research note on Monday, July 10th. Finally, Stephens raised Brandywine Realty Trust to an “underweight” rating in a research note on Monday, May 15th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $17.58.

In other Brandywine Realty Trust news, Director Wyche Fowler sold 1,824 shares of the stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $16.82, for a total transaction of $30,679.68. Following the sale, the director now owns 64,948 shares of the company’s stock, valued at approximately $1,092,425.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Tom Wirth sold 2,500 shares of the stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $16.90, for a total value of $42,250.00. Following the sale, the insider now directly owns 110,473 shares in the company, valued at approximately $1,866,993.70. The disclosure for this sale can be found here. Over the last quarter, insiders sold 116,407 shares of company stock worth $1,929,024. Company insiders own 1.76% of the company’s stock.

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.

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

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