Security Capital Research & Manag has recently announced that it has increased stake in Brandywine Realty Trust (NYSE:BDN) by 3.53%. After grabbing 10.26 million shares, the institutional investor is now in possession of 0.35 million shares of the Real Estate Company. The new investment brought the stake of investor firm to 5.96% having worth around $38.36 million. Moreover, Charles Schwab Investment Managem increased its share by 0.39 million to have a control over 4.67 million shares. And Geode Capital Management LLC raised its holdings to 0.12 million shares by acquiring 3.94 million shares or 2.29% of the stake.
Brandywine Realty Trust (BDN) concluded trading on 12/14/23 at a closing price of $5.53, with 4.67 million shares of worth about $25.82 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.44% during that period and on Thursday the price saw a gain of about 6.35%. Currently the company’s common shares owned by public are about 171.57M shares, out of which, 168.32M shares are available for trading.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 42 times over the past 12 months. They bought 860,844 shares in 20 of the transactions. In 22 selling transactions, insiders dumped 153,854 shares.
iShares Core S&P Small Cap ETF, Vanguard Real Estate Index Fund, and Vanguard Total Stock Market ETF are the top 3 mutual funds which are holding stakes in Brandywine Realty Trust iShares Core S&P Small Cap ETF is currently holding 11.58 million shares of worth totaling $43.3 million. The company recently came selling -0.1 million shares which brought its stake up to 6.73% of the company’s outstanding shares. Vanguard Real Estate Index Fund sold 74162.0 shares, after which its hold over company’s outstanding shares shrunk to 4.12%, leaving 7.08 million shares with the mutual fund that have a worth of about $26.48 million. Vanguard Total Stock Market ETF, after buying 5.45 million shares, have now control over 3.16% of the stake in the company. It holds 0.0 shares of worth $20.36 million.
However, the stock later moved at a day high price of 5.64, or with a gain of 6.35%. Stock saw a price change of 11.94% in past 5 days and over the past one month there was a price change of 30.42%. Year-to-date (YTD), BDN shares are showing a performance of -10.08% which decreased to -15.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.42 but also hit the highest price of $7.25 during that period. The average intraday trading volume for Brandywine Realty Trust shares is 2.07 million. The stock is currently trading 22.68% above its 20-day simple moving average (SMA20), while that difference is up 32.10% for SMA50 and it goes to 25.01% higher than SMA200.
Security Capital Research & Manag acquired 10.26 million shares of Brandywine Realty Trust having value of about $38.36 million. Data submitted at the U.S SEC by Security Capital Research & Manag revealed that the firm now holds 0.35 million shares in the company valued at close to $1931905.5, or have control over 3.53% stake in the company. Brandywine Realty Trust (NYSE: BDN) currently have 171.57M outstanding shares and institutions hold larger chunk of about 94.37% of that. Holding of mutual funds in the company is about 5.80% while other institutional holders and individual stake holders have control over 53.98% and 40.61% of the stake respectively.
The stock has a current market capitalization of $951.71M and its 3Y-monthly beta is at 1.28. It has posted earnings per share of -$0.06 in the same period. It has a debt-to-equity ratio of 1.44. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BDN, volatility over the week remained 4.50% while standing at 4.59% over the month.
Analysts are in expectations that Brandywine Realty Trust (BDN) stock would likely to be making an EPS of -$0.07 in the current quarter, while forecast for next quarter EPS is $0 and it is -$0.35 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.07 which is -$0.07 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.17 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -116.46% while it is estimated to decrease by -18.05% in next year. EPS is likely to grow at an annualized rate of 5.00% for next 5-years, compared to annual growth of -13.78% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by KeyBanc Capital Markets on September 12, 2023 offering an Overweight rating for the stock and assigned a target price of $6 to it.
