Brandywine Realty Trust (NYSE:BDN) Price Target Cut to $5.00 by Analysts at Evercore ISI

Brandywine Realty Trust (NYSE:BDN) had its price objective lowered by stock analysts at Evercore ISI from $6.00 to $5.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “in-line” rating on the real estate investment trust’s stock. Evercore ISI’s target price would suggest a potential upside of 0.81% from the stock’s previous close.

Separately, StockNews.com raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 28th.

Brandywine Realty Trust Stock Up 0.6 %

Brandywine Realty Trust stock opened at $4.96 on Thursday. Brandywine Realty Trust has a 1-year low of $3.85 and a 1-year high of $6.54. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.74 and a quick ratio of 1.74. The company has a market cap of $856.42 million, a PE ratio of -2.76 and a beta of 1.34. The stock’s 50 day moving average price is $5.43 and its 200 day moving average price is $5.36.

Brandywine Realty Trust (NYSE:BDN) last released its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.16. Brandywine Realty Trust had a negative return on equity of 24.59% and a negative net margin of 60.08%. On average, sell-side analysts predict that Brandywine Realty Trust will post 0.91 EPS for the current fiscal year.

Institutional Trading of Brandywine Realty Trust

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Amundi increased its holdings in shares of Brandywine Realty Trust by 44.1% during the fourth quarter. Amundi now owns 172,578 shares of the real estate investment trust’s stock worth $889,000 after buying an additional 52,785 shares in the last quarter. Atria Investments Inc raised its stake in shares of Brandywine Realty Trust by 22.0% during the fourth quarter. Atria Investments Inc now owns 96,991 shares of the real estate investment trust’s stock worth $543,000 after buying an additional 17,519 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Brandywine Realty Trust by 360.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 6,457 shares during the period. US Bancorp DE grew its stake in shares of Brandywine Realty Trust by 11,198.0% during the fourth quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 5,599 shares during the period. Finally, Pine Valley Investments Ltd Liability Co increased its stake in shares of Brandywine Realty Trust by 13.1% in 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 acquiring an additional 2,190 shares during the last quarter. 87.27% of the stock is currently owned by institutional investors and hedge funds.

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 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.