Robeco Institutional Asset Management B.V. Cuts Stock Position in Brandywine Realty Trust (NYSE:BDN)

Robeco Institutional Asset Management B.V. trimmed its position in shares of Brandywine Realty Trust (NYSE:BDN) by 19.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 562,241 shares of the real estate investment trust’s stock after selling 138,406 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.33% of Brandywine Realty Trust worth $3,149,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. State Street Corp lifted its position in Brandywine Realty Trust by 2.2% during the third quarter. State Street Corp now owns 10,272,055 shares of the real estate investment trust’s stock valued at $55,880,000 after acquiring an additional 218,444 shares during the last quarter. Yeomans Consulting Group Inc. acquired a new stake in shares of Brandywine Realty Trust in the 4th quarter worth $16,617,000. Dimensional Fund Advisors LP boosted its position in shares of Brandywine Realty Trust by 3.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,644,476 shares of the real estate investment trust’s stock worth $11,847,000 after purchasing an additional 91,852 shares in the last quarter. Nordea Investment Management AB grew its stake in Brandywine Realty Trust by 5.9% during the 4th quarter. Nordea Investment Management AB now owns 1,270,156 shares of the real estate investment trust’s stock worth $7,164,000 after buying an additional 70,985 shares during the last quarter. Finally, Systematic Financial Management LP increased its position in Brandywine Realty Trust by 36.4% during the 3rd quarter. Systematic Financial Management LP now owns 954,325 shares of the real estate investment trust’s stock valued at $5,192,000 after buying an additional 254,825 shares in the last quarter. 87.27% of the stock is currently owned by institutional investors.

Brandywine Realty Trust Trading Up 0.3 %

NYSE:BDN opened at $5.50 on Monday. The company has a market capitalization of $948.82 million, a P/E ratio of -3.05 and a beta of 1.34. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 2.05. Brandywine Realty Trust has a 12 month low of $3.85 and a 12 month high of $6.54. The firm has a fifty day simple moving average of $5.48 and a 200-day simple moving average of $5.36.

Brandywine Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Wednesday, January 8th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.92%. The ex-dividend date of this dividend was Wednesday, January 8th. Brandywine Realty Trust’s dividend payout ratio (DPR) is -33.33%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Brandywine Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 28th.

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.