Brandywine Realty Trust (BDN) has risen sharply, recording gains of 4.43% in the past 4 weeks. However, the stock has corrected -0.66% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.06% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has recorded a 20-day Moving Average of 1.75% and the 50-Day Moving Average is 4.74%.
Brandywine Realty Trust (NYSE:BDN): The stock opened at $16.40 on Friday but the bulls could not build on the opening and the stock topped out at $16.52 for the day. The stock traded down to $16.24 during the day, due to lack of any buying support eventually closed down at $16.50 with a loss of -0.30% for the day. The stock had closed at $16.55 on the previous day. The total traded volume was 1,883,326 shares.
The company Insiders own 1.98% of Brandywine Realty Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.3% . During last six month period, the net percent change held by insiders has seen a change of -5.68%. 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.