Price Action To Observe: A Reversal for Brandywine Realty Trust Is Not Near. The Stock Rises Again

Price Action To Observe: A Reversal for Brandywine Realty Trust Is Not Near. The Stock Rises Again

The stock of Brandywine Realty Trust (NYSE:BDN) is a huge mover today! The stock closed at $14.97 during the last session. It is down 6.09% since March 29, 2016 and is uptrending. It has outperformed by 2.62% the S&P500.
The move comes after 8 months positive chart setup for the $2.62B company. It was reported on Oct, 31 by Barchart.com. We have $21.56 PT which if reached, will make NYSE:BDN worth $1.15 billion more.

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. The rating was maintained by S&P Research with “Buy” on Wednesday, September 16. The stock of Brandywine Realty Trust (NYSE:BDN) has “Hold” rating given on Friday, September 4 by Zacks. The firm has “Underweight” rating given on Friday, July 15 by KeyBanc Capital Markets. On Tuesday, July 19 the stock rating was maintained by Barclays Capital with “Equalweight”. Barclays Capital maintained Brandywine Realty Trust (NYSE:BDN) on Friday, September 4 with “Equal-Weight” rating. Zacks upgraded the stock to “Sell” rating in Friday, August 14 report. The stock has “Neutral” rating given by Mizuho on Friday, July 22. The company was downgraded on Friday, November 6 by Argus Research. The firm has “Buy” rating given on Friday, November 13 by BB&T Capital. As per Monday, October 12, the company rating was upgraded by Credit Suisse.

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 worsened, 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.
Blackrock Advsr Limited Company accumulated 0% or 97,417 shares. Tudor Inv Corporation Et Al reported 22,520 shares or 0.01% of all its holdings. Parkwood Ltd Llc holds 0.1% of its portfolio in Brandywine Realty Trust (NYSE:BDN) for 34,824 shares. Smith Asset Mgmt Lp last reported 0% of its portfolio in the stock. Honeywell Intll, a New Jersey-based fund reported 113,000 shares. Pensionfund Dsm Netherlands accumulated 0.34% or 153,400 shares. Parametric Port Associates holds 0.02% of its portfolio in Brandywine Realty Trust (NYSE:BDN) for 686,346 shares. Qs Investors Ltd Limited Liability Company owns 23 shares or 0% of their US portfolio. Nuveen Asset Management Lc accumulated 0.2% or 1.90M shares. The Ohio-based Fifth Third Bancorp has invested 0% in Brandywine Realty Trust (NYSE:BDN). Metropolitan Life Ins Ny owns 14,338 shares or 0% of their US portfolio. One Natl Association accumulated 0.03% or 18,936 shares. The France-based Axa has invested 0.01% in Brandywine Realty Trust (NYSE:BDN). Renaissance Technology Ltd Liability Company last reported 1.76M shares in the company. Moreover, Indexiq Advsrs Ltd Com has 0.14% invested in Brandywine Realty Trust (NYSE:BDN) for 139,690 shares.

Insider Transactions: Since July 25, 2016, the stock had 0 insider purchases, 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 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 published the news titled: “Brandywine Realty Trust Announces Third Quarter 2016 Results, Narrows 2016 …” on October 19, 2016. Prnewswire.com‘s news article titled: “Brandywine Realty Trust Announces $0.39 FFO per Diluted Share for the Fourth …” with publication date: February 04, 2016 was also an interesting one.

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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