Large Inflow of Money Detected in Brandywine Realty Trust

Brandywine Realty Trust (BDN) : Brandywine Realty Trust (BDN) had a healthy money flow of $2.38 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $4.26 million, whereas, investors only sold shares worth $1.88 million on downticks. The stock closed the day with an up-down ratio of 2.26.The money flow in the block trades to the tune of $2.04 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $2.04 million worth of transactions were on upticks. Brandywine Realty Trust (BDN) stock slid $0.09 intraday and traded at 16.5, a change of -0.51% over previous days close. However, for the week, the company shares are -0.03% compared to previous weeks close.


Also, Equity Analysts at the KeyBanc downgrades the rating on Brandywine Realty Trust (NYSE:BDN). The brokerage firm has issued a Underweight rating on the shares. The shares were previously rated Sector Weight. The rating by the firm was issued on July 15, 2016.

Brandywine Realty Trust (NYSE:BDN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.60 and $16.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.68, notching a gain of 0.60% for the day. The total traded volume was 2,405,811 . The stock had closed at $16.58 on the previous day.

The stock has recorded a 20-day Moving Average of 2.03% and the 50-Day Moving Average is 5.34%. In a related news, The Securities and Exchange Commission has divulged that Sweeney Gerard H, Director Officer (President And Ceo) of BRANDYWINE REALTY TRUST, had unloaded 60,000 shares at an average price of $15.74 in a transaction dated on June 27, 2016. The total value of the transaction was worth $944,400.

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 Trusts 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.

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