Nomura Asset Management Co. Ltd. Buys 10,000 Shares of Brandywine Realty Trust (NYSE:BDN)

Nomura Asset Management Co. Ltd. boosted its stake in Brandywine Realty Trust (NYSE:BDN) by 4.6% in the fourth quarter, HoldingsChannel reports. The firm owned 225,800 shares of the real estate investment trust’s stock after buying an additional 10,000 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Brandywine Realty Trust were worth $1,264,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BDN. Pine Valley Investments Ltd Liability Co increased its stake in Brandywine Realty Trust by 13.1% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 18,914 shares of the real estate investment trust’s stock valued at $106,000 after purchasing an additional 2,190 shares in the last quarter. Quarry LP boosted its stake in shares of Brandywine Realty Trust by 752.5% in the 3rd quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 4,056 shares during the last quarter. Kestra Investment Management LLC purchased a new position in Brandywine Realty Trust in the fourth quarter worth $26,000. 17 Capital Partners LLC raised its position in Brandywine Realty Trust by 37.7% in the fourth quarter. 17 Capital Partners LLC now owns 18,240 shares of the real estate investment trust’s stock worth $102,000 after acquiring an additional 4,991 shares during the period. Finally, EMC Capital Management raised its holdings in shares of Brandywine Realty Trust by 35.1% in the 4th quarter. EMC Capital Management now owns 20,845 shares of the real estate investment trust’s stock worth $117,000 after purchasing an additional 5,420 shares during the period. 87.27% of the stock is owned by institutional investors.

Brandywine Realty Trust Stock Performance

Shares of BDN stock opened at $4.50 on Thursday. The firm’s 50 day moving average is $4.84 and its 200 day moving average is $5.28. The stock has a market capitalization of $778.82 million, a P/E ratio of -3.95 and a beta of 1.35. Brandywine Realty Trust has a 12 month low of $4.17 and a 12 month high of $6.54. The company has a current ratio of 2.26, a quick ratio of 1.74 and a debt-to-equity ratio of 2.12.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.16. Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. On average, sell-side analysts anticipate that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 3rd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 13.33%. The ex-dividend date of this dividend is Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio (DPR) is presently -52.63%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. StockNews.com lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, February 6th. Evercore ISI decreased their price objective on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a report on Thursday, February 6th.

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 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 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.