Verus Financial Partners Inc. lifted its position in shares of Brandywine Realty Trust (NYSE:BDN) by 33.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,350 shares of the real estate investment trust’s stock after purchasing an additional 20,399 shares during the period. Brandywine Realty Trust comprises approximately 0.4% of Verus Financial Partners Inc.’s portfolio, making the stock its 16th largest position. Verus Financial Partners Inc.’s holdings in Brandywine Realty Trust were worth $1,165,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its position in shares of Brandywine Realty Trust by 27.3% during the 2nd quarter. Parallel Advisors LLC now owns 5,966 shares of the real estate investment trust’s stock worth $85,000 after purchasing an additional 1,280 shares during the last quarter. Advisor Group Inc. lifted its position in Brandywine Realty Trust by 25.3% in the second quarter. Advisor Group Inc. now owns 9,034 shares of the real estate investment trust’s stock valued at $129,000 after acquiring an additional 1,822 shares during the last quarter. Quadrant Capital Group LLC lifted its position in Brandywine Realty Trust by 95.9% in the first quarter. Quadrant Capital Group LLC now owns 8,688 shares of the real estate investment trust’s stock valued at $131,000 after acquiring an additional 4,254 shares during the last quarter. CWM Advisors LLC purchased a new stake in Brandywine Realty Trust in the second quarter valued at $154,000. Finally, Fox Run Management L.L.C. purchased a new stake in Brandywine Realty Trust in the second quarter valued at $163,000. 93.93% of the stock is owned by institutional investors and hedge funds.

In other news, Director Anthony A. Sr Nichols, Sr. sold 6,800 shares of the company’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $14.54, for a total value of $98,872.00. Following the completion of the sale, the director now directly owns 67,522 shares of the company’s stock, valued at $981,769.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.32% of the stock is currently owned by corporate insiders.

Shares of NYSE:BDN traded down $0.04 on Wednesday, reaching $14.36. The company’s stock had a trading volume of 32,409 shares, compared to its average volume of 1,599,501. The stock’s 50-day moving average is $14.56 and its two-hundred day moving average is $15.20. Brandywine Realty Trust has a 52-week low of $12.32 and a 52-week high of $16.93. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.23 and a quick ratio of 2.23. The stock has a market capitalization of $2.54 billion, a P/E ratio of 10.49, a PEG ratio of 3.23 and a beta of 0.95.

Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Monday, July 22nd. The real estate investment trust reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.32). Brandywine Realty Trust had a net margin of 15.89% and a return on equity of 5.02%. The business had revenue of $144.20 million during the quarter, compared to analysts’ expectations of $144.45 million. During the same period in the previous year, the company posted $0.35 earnings per share. Brandywine Realty Trust’s quarterly revenue was up 7.8% on a year-over-year basis. Equities analysts forecast that Brandywine Realty Trust will post 1.42 earnings per share for the current fiscal year.

BDN has been the subject of a number of research reports. Argus raised shares of Brandywine Realty Trust from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research report on Monday, July 8th. Bank of America cut shares of Brandywine Realty Trust from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $16.50 to $15.50 in a research report on Tuesday, June 11th. Zacks Investment Research cut shares of Brandywine Realty Trust from a “buy” rating to a “hold” rating in a research report on Friday, July 26th. Finally, ValuEngine cut shares of Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday, June 28th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $16.25.

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 181 properties and 24.8 million square feet as of December 31, 2018, which excludes assets held for sale.

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

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