Todays Report: The Emerald Advisers Inc. PA Continues to Hold Position in Brandywine Realty Trust (BDN)

The Emerald Advisers Inc. PA Continues to Hold Position in Brandywine Realty Trust (BDN)

Emerald Advisers Inc. PA maintained its position in Brandywine Realty Trust (NYSE:BDN) during the second quarter, Holdings Channel reports. The institutional investor owned 217,722 shares of the company’s stock at the end of the second quarter. Emerald Advisers Inc. PA’s holdings in Brandywine Realty Trust were worth $3,658,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Kempen Capital Management N.V. boosted its position in shares of Brandywine Realty Trust by 18.8% in the first quarter. Kempen Capital Management N.V. now owns 88,374 shares of the company’s stock worth $1,240,000 after buying an additional 13,956 shares during the last quarter. NWQ Investment Management Company LLC boosted its position in shares of Brandywine Realty Trust by 9.2% in the first quarter. NWQ Investment Management Company LLC now owns 6,114,736 shares of the company’s stock worth $85,790,000 after buying an additional 513,734 shares during the last quarter. ING Groep NV purchased a new position in shares of Brandywine Realty Trust during the first quarter worth about $2,806,000. Menta Capital LLC purchased a new position in shares of Brandywine Realty Trust during the first quarter worth about $616,000. Finally, BlackRock Japan Co. Ltd boosted its position in shares of Brandywine Realty Trust by 1.6% in the first quarter. BlackRock Japan Co. Ltd now owns 9,280 shares of the company’s stock worth $130,000 after buying an additional 143 shares during the last quarter.

Shares of Brandywine Realty Trust (NYSE:BDN) traded down 0.47% during midday trading on Friday, hitting $14.97. The company had a trading volume of 1,203,659 shares. Brandywine Realty Trust has a 52 week low of $11.22 and a 52 week high of $17.05. The company’s market capitalization is $2.61 billion. The firm’s 50 day moving average is $15.82 and its 200 day moving average is $15.64.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Wednesday, July 20th. The company reported $0.32 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.32. The company earned $127 million during the quarter, compared to analyst estimates of $126.64 million. Brandywine Realty Trust had a return on equity of 0.13% and a net margin of 0.46%. The firm’s quarterly revenue was down 12.7% on a year-over-year basis. During the same quarter last year, the company earned $0.32 earnings per share. Equities research analysts anticipate that Brandywine Realty Trust will post $1.29 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 19th. Investors of record on Wednesday, October 5th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 4.28%. The ex-dividend date of this dividend is Monday, October 3rd. Brandywine Realty Trust’s dividend payout ratio is -1,500.00%.

A number of equities analysts have issued reports on the company. Barclays PLC upped their target price on Brandywine Realty Trust from $16.00 to $17.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 19th. Citigroup Inc. upped their target price on Brandywine Realty Trust from $15.00 to $16.50 and gave the stock a “neutral” rating in a report on Thursday, July 7th. Zacks Investment Research cut Brandywine Realty Trust from a “buy” rating to a “hold” rating in a report on Tuesday, July 26th. Mizuho lowered Brandywine Realty Trust from a “buy” rating to a “neutral” rating and set a $17.00 price target on the stock. in a research report on Friday, July 22nd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating and issued a $17.00 price target on shares of Brandywine Realty Trust in a research report on Friday, July 22nd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $16.35.

In related news, insider Tom Wirth sold 5,000 shares of Brandywine Realty Trust stock in a transaction on Monday, July 25th. The stock was sold at an average price of $16.69, for a total transaction of $83,450.00. Following the completion of the sale, the insider now owns 99,698 shares of the company’s stock, valued at $1,663,959.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.98% of the company’s stock.

About Brandywine Realty Trust

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, industrial, retail and mixed-use properties. The Company manages its portfolio within four segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, DC and Austin, Texas.

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