The stock of Brandywine Realty Trust (NYSE:BDN) is a huge mover today! Brandywine Realty Trust (NYSE:BDN) has risen 11.95% since March 3, 2016 and is uptrending. It has outperformed by 3.60% the S&P500.
The move comes after 8 months positive chart setup for the $2.63 billion company. It was reported on Oct, 6 by Barchart.com. We have $20.13 PT which if reached, will make NYSE:BDN worth $894.20M more.
Analysts await Brandywine Realty Trust (NYSE:BDN) to report earnings on October, 19. They expect $0.32 earnings per share, down 25.58% or $0.11 from last year’s $0.43 per share. BDN’s profit will be $56.03M for 11.73 P/E if the $0.32 EPS becomes a reality. After $0.32 actual earnings per share reported by Brandywine Realty Trust for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
Brandywine Realty Trust (NYSE:BDN) Ratings Coverage
Out of 9 analysts covering Brandywine Realty Trust (NYSE:BDN), 4 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 44% are positive. Brandywine Realty Trust has been the topic of 15 analyst reports since August 14, 2015 according to StockzIntelligence Inc. Credit Suisse upgraded Brandywine Realty Trust (NYSE:BDN) rating on Monday, October 12. Credit Suisse has “Outperform” rating and $16 price target. Barclays Capital maintained the shares of BDN in a report on Friday, September 4 with “Equal-Weight” rating. On Friday, November 6 the stock rating was downgraded by Argus Research to “Hold”. As per Wednesday, September 16, the company rating was maintained by S&P Research. The firm has “Equalweight” rating by Barclays Capital given on Tuesday, July 19. The firm has “Sell” rating given on Friday, August 14 by Zacks. The firm earned “Buy” rating on Friday, November 13 by BB&T Capital. The rating was upgraded by Zacks to “Hold” on Friday, September 4. On Friday, July 22 the stock rating was downgraded by Mizuho to “Neutral”. The firm has “Underweight” rating given on Friday, July 15 by KeyBanc Capital Markets.
According to Zacks Investment Research, “Brandywine Realty Trust is a self-administered, self-managed and fully integrated Real Estate Investment Trust active in acquiring, developing, redeveloping, leasing and managing suburban office and industrial properties. The company’s portfolio includes approximately 151 office properties and 28 industrial facilities. Certain of the Properties serve as flex facilities, accommodating office use, warehouse space and research and development activities.”
Insitutional Activity: The institutional sentiment decreased to 1.04 in 2016 Q2. Its down 0.03, from 1.07 in 2016Q1. The ratio dived, as 23 funds sold all Brandywine Realty Trust shares owned while 74 reduced positions. 30 funds bought stakes while 71 increased positions. They now own 178.29 million shares or 1.09% more from 176.37 million shares in 2016Q1.
Tompkins Fin last reported 0% of its portfolio in the stock. Guggenheim Cap Ltd Liability Co has invested 0% of its portfolio in Brandywine Realty Trust (NYSE:BDN). First Interstate Fincl Bank last reported 13,665 shares in the company. Cipher Capital Limited Partnership, a New York-based fund reported 52,229 shares. Schwab Charles Investment Management holds 0.03% or 1.24 million shares in its portfolio. The Massachusetts-based Eventide Asset Management Llc has invested 0.04% in Brandywine Realty Trust (NYSE:BDN). Millennium Mngmt Limited Liability Com holds 0.02% of its portfolio in Brandywine Realty Trust (NYSE:BDN) for 549,530 shares. Blackrock last reported 230,866 shares in the company. Legal & General Group Inc Public Limited Liability Co holds 0.01% of its portfolio in Brandywine Realty Trust (NYSE:BDN) for 482,836 shares. Ameriprise Fin Inc holds 0.02% or 1.55 million shares in its portfolio. Ibm Retirement Fund accumulated 17,372 shares or 0.01% of the stock. Westwood Inc accumulated 4.00 million shares or 0.6% of the stock. Ladenburg Thalmann Financial Serv has 0% invested in the company for 1,979 shares. Blackrock Fund Advsr last reported 0.01% of its portfolio in the stock. Kennedy Capital Mgmt Inc has invested 0.15% of its portfolio in Brandywine Realty Trust (NYSE:BDN).
Insider Transactions: Since July 25, 2016, the stock had 0 buys, and 1 insider sale for $83,450 net activity. 5,000 shares with value of $83,450 were sold by WIRTH TOM on Monday, July 25.
More notable recent Brandywine Realty Trust (NYSE:BDN) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Brandywine Realty Trust, National General Holdings and …” on September 29, 2016, also Prnewswire.com with their article: “Brandywine Realty Trust Announces Quarterly Dividends and Confirms Third …” published on September 13, 2016, Prnewswire.com published: “Brandywine Realty Trust to Present at the Bank of America Merrill Lynch 2016 …” on September 12, 2016. More interesting news about Brandywine Realty Trust (NYSE:BDN) were released by: Prnewswire.com and their article: “Brandywine Realty Trust Announces $0.39 FFO per Diluted Share for the Fourth …” published on February 04, 2016 as well as Prnewswire.com‘s news article titled: “Brandywine Realty Trust Announces Asset Dispositions Totaling $395.5 Million” with publication date: December 23, 2015.
BDN Company Profile
Brandywine Realty Trust, incorporated on February 26, 1986, is a self-administered and self-managed real estate investment trust (REIT). The Firm provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, industrial, retail and mixed-use properties. The Firm manages its portfolio within four divisions: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, D.C. and Austin, Texas. The Pennsylvania Suburbs segment includes properties in Chester, Delaware, and Montgomery counties in the Philadelphia suburbs. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Metropolitan Washington, D.C. segment includes properties in the District of Columbia, Northern Virginia and southern Maryland. The Austin, Texas segment includes properties in the City of Austin, Texas. The Firm owns its assets and conducts its activities through Brandywine Operating Partnership, L.P. (the Operating Partnership) and the subsidiaries of the Operating Partnership. The Firm is the sole general partner of the Operating Partnership. The Firm owns a 99.1% interest in the Operating Partnership. The remaining 0.9% interest in the Operating Partnership consists of common units of limited partnership interest issued to the holders in exchange for contributions of properties to the Operating Partnership.
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