Brandywine Realty Trust (BDN) has risen sharply, recording gains of 0.3% in the past 4 weeks. However, the stock has corrected -0.9% in the past 1 week, providing a good buying opportunity on dips. Brandywine Realty Trust (BDN) : During the past 4 weeks, traders have been relatively bearish on Brandywine Realty Trust (BDN), hence the stock is down -0.72% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.95% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 0.46% and the 50-Day Moving Average is 1.36%. Brandywine Realty Trust (NYSE:BDN): On Fridays trading session , Opening price of the stock was $16.68 with an intraday high of $16.84. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $16.52. However, the stock managed to close at $16.55, a loss of 0.78% for the day. On the previous day, the stock had closed at $16.68. The total traded volume of the day was 1,015,304 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 -5.25% . During last six month period, the net percent change held by insiders has seen a change of -5.61%. Also, Brokerage firm Mizuho Securities downgrades its rating on Brandywine Realty Trust (NYSE:BDN). The shares have been rated Neutral. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on July 22, 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 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.