Resolution Capital Ltd Invests $37.19 Million in Brandywine Realty Trust (BDN) Stock

Resolution Capital Ltd purchased a new position in Brandywine Realty Trust (NYSE:BDN) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,126,056 shares of the real estate investment trust’s stock, valued at approximately $37,185,000. Brandywine Realty Trust comprises 1.7% of Resolution Capital Ltd’s holdings, making the stock its 20th biggest holding. Resolution Capital Ltd owned 1.22% of Brandywine Realty Trust as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new position in Brandywine Realty Trust in the 2nd quarter worth approximately $180,000. Adviser Investments LLC acquired a new position in Brandywine Realty Trust in the 3rd quarter worth approximately $182,000. Forward Management LLC boosted its stake in Brandywine Realty Trust by 5.1% in the 2nd quarter. Forward Management LLC now owns 10,608 shares of the real estate investment trust’s stock worth $186,000 after purchasing an additional 513 shares during the period. SG Americas Securities LLC boosted its stake in Brandywine Realty Trust by 71.0% in the 1st quarter. SG Americas Securities LLC now owns 12,117 shares of the real estate investment trust’s stock worth $197,000 after purchasing an additional 5,029 shares during the period. Finally, Paragon Capital Management Ltd boosted its stake in Brandywine Realty Trust by 49.3% in the 2nd quarter. Paragon Capital Management Ltd now owns 14,944 shares of the real estate investment trust’s stock worth $262,000 after purchasing an additional 4,935 shares during the period. Hedge funds and other institutional investors own 98.48% of the company’s stock.

A number of equities analysts recently commented on BDN shares. BidaskClub raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Mizuho raised shares of Brandywine Realty Trust from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $16.00 to $19.00 in a research note on Monday, July 10th. Zacks Investment Research lowered shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, September 7th. KeyCorp reaffirmed a “hold” rating on shares of Brandywine Realty Trust in a research note on Friday, August 25th. Finally, ValuEngine raised shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $17.58.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Wednesday, October 18th. The real estate investment trust reported $0.11 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.24). The company had revenue of $128.43 million during the quarter, compared to analyst estimates of $131.16 million. Brandywine Realty Trust had a net margin of 6.81% and a return on equity of 2.12%. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.33 EPS.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 18th. Stockholders of record on Wednesday, October 4th were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 3.66%. The ex-dividend date was Tuesday, October 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently 400.03%.

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In other news, Director Anthony A. Sr Nichols, Sr. sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $17.41, for a total value of $87,050.00. Following the completion of the transaction, the director now owns 60,237 shares in the company, valued at $1,048,726.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Wyche Fowler sold 1,824 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $16.82, for a total transaction of $30,679.68. Following the completion of the transaction, the director now owns 64,948 shares of the company’s stock, valued at approximately $1,092,425.36. The disclosure for this sale can be found here. Insiders sold 121,407 shares of company stock valued at $2,016,074 in the last quarter. Corporate insiders own 1.76% of the company’s stock.

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.

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

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