WINTON GROUP Ltd Acquires Shares of 61,959 Brandywine Realty Trust (BDN)

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WINTON GROUP Ltd acquired a new position in Brandywine Realty Trust (NYSE:BDN) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 61,959 shares of the real estate investment trust’s stock, valued at approximately $984,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BDN. Resolution Capital Ltd lifted its stake in Brandywine Realty Trust by 85.2% in the first quarter. Resolution Capital Ltd now owns 5,392,765 shares of the real estate investment trust’s stock worth $85,637,000 after purchasing an additional 2,480,502 shares during the last quarter. BlackRock Inc. lifted its stake in Brandywine Realty Trust by 8.1% in the fourth quarter. BlackRock Inc. now owns 13,228,278 shares of the real estate investment trust’s stock worth $240,624,000 after purchasing an additional 987,496 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Brandywine Realty Trust by 34.5% in the fourth quarter. Renaissance Technologies LLC now owns 2,925,098 shares of the real estate investment trust’s stock worth $53,208,000 after purchasing an additional 749,500 shares during the last quarter. Millennium Management LLC lifted its stake in Brandywine Realty Trust by 41.2% in the first quarter. Millennium Management LLC now owns 1,952,249 shares of the real estate investment trust’s stock worth $31,002,000 after purchasing an additional 569,248 shares during the last quarter. Finally, Citadel Advisors LLC lifted its stake in Brandywine Realty Trust by 44.5% in the first quarter. Citadel Advisors LLC now owns 1,709,139 shares of the real estate investment trust’s stock worth $27,141,000 after purchasing an additional 526,334 shares during the last quarter.

Brandywine Realty Trust opened at $16.88 on Friday, Marketbeat.com reports. The company has a quick ratio of 3.74, a current ratio of 3.74 and a debt-to-equity ratio of 1.04. Brandywine Realty Trust has a fifty-two week low of $15.20 and a fifty-two week high of $18.69. The company has a market cap of $3.03 billion, a PE ratio of 12.89, a P/E/G ratio of 2.24 and a beta of 1.00.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings results on Thursday, April 19th. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.07). Brandywine Realty Trust had a net margin of 27.38% and a return on equity of 8.37%. The company had revenue of $136.36 million for the quarter, compared to the consensus estimate of $133.17 million. During the same period in the prior year, the firm posted $0.32 EPS. The business’s revenue was up 4.2% on a year-over-year basis. sell-side analysts predict that Brandywine Realty Trust will post 1.37 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 20th. Stockholders of record on Friday, July 6th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 4.27%. The ex-dividend date is Thursday, July 5th. Brandywine Realty Trust’s dividend payout ratio is presently 54.96%.

Several analysts have issued reports on BDN shares. JPMorgan Chase & Co. decreased their price objective on shares of Brandywine Realty Trust from $18.00 to $17.00 and set a “neutral” rating for the company in a research note on Tuesday, April 24th. Zacks Investment Research raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, April 17th. SunTrust Banks set a $18.00 price objective on shares of Brandywine Realty Trust and gave the stock a “buy” rating in a research note on Monday, April 23rd. Stifel Nicolaus downgraded shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $19.00 to $17.00 in a research note on Tuesday, March 13th. Finally, ValuEngine downgraded shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Brandywine Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $18.17.

Brandywine Realty Trust Company 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, 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 185 properties and 25.3 million square feet as of December 31, 2017, which excludes assets held for sale.

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

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