Brandywine Realty Trust (BDN): Gerard H Sweeney , President and CEO of Brandywine Realty Trust sold 60,000 shares on Jun 27, 2016. The Insider selling transaction was reported by the company on Jun 29, 2016 to the Securities and Exchange Commission. The shares were sold at $15.74 per share for a total value of $944,400.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 7, 2016, Anthony A Sr Nichols (director) sold 8,000 shares at $13.11 per share price.On Oct 27, 2015, Michael Joyce (director) purchased 2,500 shares at $13.47 per share price.Also, On Oct 26, 2015, George D Sowa (Executive Vice President) sold 14,860 shares at $13.45 per share price.On May 19, 2015, George Johnstone (Executive Vice President) sold 28,975 shares at $14.59 per share price.
Shares of Brandywine Realty Trust (BDN) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -0.26 points or -1.62% at $15.75 with 24,53,076 shares getting traded. Post opening the session at $15.91, the shares hit an intraday low of $15.515 and an intraday high of $15.93 and the price vacillated in this range throughout the day. The company has a market cap of $2,756 M and the number of outstanding shares has been calculated to be 17,50,15,400 shares. The 52-week high of Brandywine Realty Trust is $16.45 and the 52-week low is $11.22.
On May 24, 2016, Brandywine Realty Trust announced a cash dividend of $0.1600. The company’s management has announced Jul 1, 2016 as the ex-dividend date and fixed the record date on Jul 6, 2016. The payable date has been fixed on Jul 20, 2016.
Company has been under the radar of several Street Analysts.Brandywine Realty Trust is Reiterated by Mizuho to Buy and the brokerage firm has raised the Price Target to $ 17 from a previous price target of $16 .The Rating was issued on Apr 21, 2016.Brandywine Realty Trust is Reiterated by DA Davidson to Neutral and the brokerage firm has raised the Price Target to $ 15 from a previous price target of $14 .The Rating was issued on Apr 21, 2016.
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Trust provides leasing property management development redevelopment acquisition and other tenant-related services for a portfolio of office industrial retail and mixed-use properties. The Trust owns its assets and conducts its operations through the Brandywine Operating Partnership L.P. (Operating Partnership) and subsidiaries of the Operating Partnership. The Trust is the sole general partner of the Operating Partnership. The Trust’s portfolio is managed through seven segments: Pennsylvania; Philadelphia Central Business District (CBD); Metropolitan Washington D.C.; New Jersey/Delaware; Richmond Virginia; Austin Texas and California. The Pennsylvania 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.