In a research note that was distributed to investors on Wednesday, “Truist Financial increased their recommendation for Brandywine Realty Trust (NYSE: BDN) from a “hold” rating to a “buy” recommendation. The experts were unanimous in their opinion that value considerations were the deciding factor. On the other hand, reporting on Brandywine Realty Trust was initiated by the Credit Suisse Group on June 22nd. This is an entirely new turn of events. They provided the stock with a ” neutral ” rating and concluded that a price objective of $10.00 was appropriate for it. On Monday, July 25, Brandywine Realty Trust (NYSE: BDN) announced the results of its most recent quarterly financial report. The real estate investment trust reported earnings per share for the quarter of $0.03, which was $0.02 more than the forecast for quarterly earnings of $0.01 per share.
The actual revenue for the quarter came in at $124.04 million, which was higher than the forecasted figure of $123.41 million that analysts provided. In addition to achieving a net margin of 3.25%, Brandywine Realty Trust achieved a return on equity of 0.96%. During the third quarter of 2018, Brandywine Realty Trust saw a year-over-year rise of 3.3% in revenue. The company’s quarterly earnings came in at $0.32 per share compared to the previous year’s results. Analysts following the stock market believe Brandywine Realty Trust will generate $1.37 per share earnings during the current fiscal year. Brandywine Realty Trust is a full-service, integrated real estate corporation that primarily focuses on the cities of Philadelphia, Austin, and Washington, DC. The ticker symbol for the company on the New York Stock Exchange is BDN, also known by its ticker symbol. The company’s shares can be purchased on the stock market. We are a real estate investment trust (REIT). As of the 31st of December 2020, we owned, developed, leased, and managed a portfolio of 175 urban, town-center, and transit-oriented properties with a total area of 24.7 million square feet.
These properties were spread across the United States. This number does not include any assets that are currently up for sale. Several different hedge funds have recently modified the overall quantity of BDN that is held in their respective portfolios. During the last three months of 2018, Rockefeller Capital Management L.P. made a 124.4% rise in the number of shares of Brandywine Realty Trust that it owned. After purchasing 1,077 shares during the most recent fiscal quarter, Rockefeller Capital Management L.P. now owns 1,943 real estate investment trust shares, currently valued at $26,000. This is because the company made an additional purchase during that period. During the first three months of the year, Riverview Trust Company made an investment totaling about $26,000 to purchase a new interest in Brandywine Realty Trust. Over the year’s first three months, CWM LLC increased its stake in Brandywine Realty Trust by 107.8 percent. Thanks to the purchase of 1,593 additional shares during the most recent fiscal quarter, CWM LLC now has direct ownership of over 3,071 shares of the real estate investment trust. There is a value of $43,000 associated with these shares. During the first three months of 2018, Harvest Fund Management Co., Ltd. oversaw a 68.7% growth in the value of Brandywine Realty Trust’s holdings under their management.
The real estate investment trust currently has 4,556 shares owned by Harvest Fund Management Co., Ltd., now valued at $64,000. This is the outcome of the company’s purchasing an additional 1,856 shares during the most recent quarter to bring its total number of shares held to a total of 3,048. A fresh investment of about $98,000 was made in Brandywine Realty Trust during the second quarter by Corton Capital Inc. This was the first investment that the corporation has made in a REIT. 96.07% of the company’s shares are owned by institutional investors and hedge funds, making up most of these shareholders. On Wednesday morning, trading on the NYSE BDN got underway at an opening price of $8.19. The company has a price-to-earnings ratio of 81.91, a price-to-growth ratio of 2.36, and a beta value of 1.15. These three metrics are all related to the company’s market value. The current price of the shares on the market is equivalent to $1.41 billion. It has 1.24 times as much debt as it does equity, 1.63 times as many current assets, and 1.63 times as many liquid assets. Brandywine Realty Trust hit a low of $7.82 last year, while the firm’s stock reached a high of $14.88 during the same period.
The company’s simple moving average over the last fifty days is $8.74, while the company’s simple moving average over the past two hundred days is $10.77.
You need to consider all of this information about Brandywine Realty Trust before making your decision. Bloomberg maintains a careful eye on the research analysts working on Wall Street who have received the best ratings and have achieved the most success, as well as the businesses that these analysts regularly recommend to their clientele as investment options. According to the research conducted by Bloomberg, Brandywine Realty Trust was not one of the five stocks that famous experts secretly encourage their clients to purchase before the rest of the market catches on. Even though Brandywine Realty Trust was assigned a grade of “Hold” by industry professionals, these professionals agree that investing in the five listed firms is more prudent.