Brandywine Realty Trust (NYSE:BDN – Get Rating) had its price target dropped by stock analysts at Truist Financial from $14.00 to $11.00 in a research note issued to investors on Thursday, The Fly reports. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Truist Financial’s target price indicates a potential upside of 12.94% from the stock’s previous close.
BDN has been the subject of several other reports. Credit Suisse Group initiated coverage on Brandywine Realty Trust in a research note on Wednesday, June 22nd. They issued a “neutral” rating and a $10.00 price objective for the company. StockNews.com raised Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, April 14th.
NYSE BDN opened at $9.74 on Thursday. The stock has a market capitalization of $1.67 billion, a PE ratio of 139.14, a P/E/G ratio of 2.71 and a beta of 1.15. The business has a 50 day simple moving average of $10.71 and a two-hundred day simple moving average of $12.49. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.72 and a quick ratio of 1.72. Brandywine Realty Trust has a 1-year low of $9.23 and a 1-year high of $14.88.
Brandywine Realty Trust (NYSE:BDN – Get Rating) last released its quarterly earnings results on Wednesday, April 20th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.31). The firm had revenue of $127.50 million for the quarter, compared to analysts’ expectations of $126.45 million. Brandywine Realty Trust had a net margin of 2.30% and a return on equity of 0.66%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.35 EPS. On average, analysts anticipate that Brandywine Realty Trust will post 1.39 EPS for the current fiscal year.
Several large investors have recently bought and sold shares of the company. Rockefeller Capital Management L.P. lifted its stake in shares of Brandywine Realty Trust by 124.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,943 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 1,077 shares during the last quarter. Riverview Trust Co bought a new stake in shares of Brandywine Realty Trust during the 1st quarter worth approximately $26,000. CWM LLC lifted its stake in shares of Brandywine Realty Trust by 107.8% during the 1st quarter. CWM LLC now owns 3,071 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 1,593 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of Brandywine Realty Trust by 301.6% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 4,389 shares of the real estate investment trust’s stock worth $58,000 after acquiring an additional 3,296 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its stake in shares of Brandywine Realty Trust by 68.7% during the 1st quarter. Harvest Fund Management Co. Ltd now owns 4,556 shares of the real estate investment trust’s stock worth $64,000 after acquiring an additional 1,856 shares during the last quarter.
Brandywine Realty Trust Company Profile (Get Rating)
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, Austin and Washington, DC markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 175 properties and 24.7 million square feet as of December 31, 2020 which excludes assets held for sale.
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