Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Brandywine Realty Trust (NYSE:BDN) by 41.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,421 shares of the real estate investment trust’s stock after purchasing an additional 22,529 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Brandywine Realty Trust were worth $1,307,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BDN. First Bank & Trust raised its holdings in Brandywine Realty Trust by 136.5% in the second quarter. First Bank & Trust now owns 8,577 shares of the real estate investment trust’s stock valued at $145,000 after acquiring an additional 4,950 shares in the last quarter. Adviser Investments LLC acquired a new stake in Brandywine Realty Trust in the first quarter valued at $149,000. Virtu Financial LLC acquired a new stake in Brandywine Realty Trust in the second quarter valued at $191,000. Koch Industries Inc. acquired a new stake in Brandywine Realty Trust in the first quarter valued at $194,000. Finally, Hartford Investment Management Co. acquired a new stake in Brandywine Realty Trust in the second quarter valued at $236,000.

Separately, Zacks Investment Research raised shares of Brandywine Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday, July 24th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $18.00.

BDN opened at $16.47 on Friday. The firm has a market capitalization of $2.99 billion, a P/E ratio of 12.48, a P/E/G ratio of 2.18 and a beta of 0.91. Brandywine Realty Trust has a 12-month low of $15.20 and a 12-month high of $18.69. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.85 and a current ratio of 2.85.

Brandywine Realty Trust (NYSE:BDN) last issued its earnings results on Thursday, July 19th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.27). The business had revenue of $133.80 million for the quarter, compared to analyst estimates of $136.68 million. Brandywine Realty Trust had a return on equity of 8.38% and a net margin of 28.08%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the company posted $0.32 earnings per share. equities research analysts anticipate that Brandywine Realty Trust will post 1.37 EPS for the current fiscal year.

In other news, Director James C. Diggs sold 5,234 shares of the company’s stock in a transaction dated Thursday, July 26th. The shares were sold at an average price of $16.09, for a total transaction of $84,215.06. Following the completion of the transaction, the director now owns 39,734 shares in the company, valued at $639,320.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP William D. Redd sold 30,000 shares of the company’s stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $16.45, for a total transaction of $493,500.00. Following the transaction, the executive vice president now owns 64,643 shares of the company’s stock, valued at approximately $1,063,377.35. The disclosure for this sale can be found here. Insiders have sold 43,234 shares of company stock worth $710,625 over the last three months. 1.84% of the stock is owned by corporate insiders.

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, Washington, DC, 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 184 properties and 25.3 million square feet as of June 30, 2018, which excludes assets held for sale.

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Institutional Ownership by Quarter for Brandywine Realty Trust (NYSE:BDN)

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