It Seems Brandywine Realty Trust (NYSE:BDN) Will Go Down. Just Reported More Shorted Shares

December 8, 2017 - By Maria Brooks

 It Seems Brandywine Realty Trust (NYSE:BDN) Will Go Down. Just Reported More Shorted Shares

Investors sentiment decreased to 0.9 in 2017 Q2. Its down 0.33, from 1.23 in 2017Q1. It dived, as 19 investors sold Brandywine Realty Trust shares while 85 reduced holdings. 31 funds opened positions while 63 raised stakes. 169.14 million shares or 1.41% less from 171.55 million shares in 2017Q1 were reported.
Employees Retirement Of Ohio holds 0.03% or 275,737 shares. New York-based Cipher Capital Ltd Partnership has invested 0.1% in Brandywine Realty Trust (NYSE:BDN). Geode Mgmt Limited Liability Corp has invested 0.01% in Brandywine Realty Trust (NYSE:BDN). Fmr Limited Liability Company stated it has 0.04% of its portfolio in Brandywine Realty Trust (NYSE:BDN). Howe And Rusling Incorporated, a New York-based fund reported 500 shares. Presima owns 177,400 shares for 0.43% of their portfolio. Verus Prns has 19,645 shares for 0.14% of their portfolio. Strs Ohio stated it has 0.02% in Brandywine Realty Trust (NYSE:BDN). Anchor Ltd Limited Liability Company, a Massachusetts-based fund reported 12,070 shares. Glenmede Tru Communication Na stated it has 0% of its portfolio in Brandywine Realty Trust (NYSE:BDN). Gam Ag holds 0% or 15,128 shares in its portfolio. X Mgmt Co Limited Liability Corp reported 1,373 shares. Nationwide Fund Advisors reported 0% stake. Massachusetts-based State Street has invested 0.01% in Brandywine Realty Trust (NYSE:BDN). Quantbot Technologies L P holds 0% of its portfolio in Brandywine Realty Trust (NYSE:BDN) for 2,358 shares.

The stock of Brandywine Realty Trust (NYSE:BDN) registered an increase of 5.77% in short interest. BDN’s total short interest was 5.12M shares in December as published by FINRA. Its up 5.77% from 4.84M shares, reported previously. With 1.62 million shares average volume, it will take short sellers 3 days to cover their BDN’s short positions. The short interest to Brandywine Realty Trust’s float is 2.96%.

The stock increased 2.08% or $0.36 during the last trading session, reaching $17.63. About 2.93M shares traded or 115.35% up from the average. Brandywine Realty Trust (NYSE:BDN) has risen 17.77% since December 8, 2016 and is uptrending. It has outperformed by 1.07% the S&P500.

Brandywine Realty Trust is a real estate investment trust. The company has market cap of $3.12 billion. The firm invests in real estate markets of the United States. It has a 110.19 P/E ratio. It provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, residential, retail and mixed-use properties.

Brandywine Realty Trust (NYSE:BDN) Ratings Coverage

Among 13 analysts covering Brandywine Realty Trust (NYSE:BDN), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Brandywine Realty Trust has $19 highest and $13 lowest target. $16.72’s average target is -5.16% below currents $17.63 stock price. Brandywine Realty Trust had 30 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was upgraded by Zacks to “Hold” on Friday, September 4. On Wednesday, September 16 the stock rating was maintained by S&P Research with “Buy”. The firm earned “Equal-Weight” rating on Friday, September 4 by Barclays Capital. The company was upgraded on Monday, July 10 by Mizuho. The firm has “Buy” rating by Stifel Nicolaus given on Friday, April 21. KeyBanc Capital Markets upgraded the stock to “Sector Weight” rating in Monday, May 15 report. Credit Suisse upgraded Brandywine Realty Trust (NYSE:BDN) rating on Monday, October 12. Credit Suisse has “Outperform” rating and $16 target. The firm has “Neutral” rating given on Friday, July 22 by Mizuho. As per Monday, December 19, the company rating was upgraded by Evercore. The firm has “Outperform” rating by Evercore given on Monday, December 4.

More important recent Brandywine Realty Trust (NYSE:BDN) news were published by: Philly.com which released: “Among recent Brandywine deals: Apartment developer LCOR’s acquisition in Malvern” on October 20, 2017, also Bizjournals.com published article titled: “Brandywine makes two pitches for Amazon’s HQ2 – for Philadelphia and Austin, Texas”, Bizjournals.com published: “With new lease, Spark Therapeutics stays true to West Phila. roots” on December 07, 2017. More interesting news about Brandywine Realty Trust (NYSE:BDN) was released by: Bizjournals.com and their article: “Brandywine Realty Trust making $5.6M investment in West Philadelphia” with publication date: June 27, 2017.

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