Broadview Advisors Has Decreased Its Brunswick (BC) Position by $1.56 Million; Brandywine Rlty Tr (BDN) Stake Maintained by Cubist Systematic Strategies Llc

June 16, 2018 - By Nellie Frank

Brandywine Realty Trust (NYSE:BDN) Logo

Cubist Systematic Strategies Llc increased its stake in Brandywine Rlty Tr (BDN) by 93.41% based on its latest 2018Q1 regulatory filing with the SEC. Cubist Systematic Strategies Llc bought 26,388 shares as the company’s stock declined 2.16% with the market. The institutional investor held 54,637 shares of the real estate investment trusts company at the end of 2018Q1, valued at $868,000, up from 28,249 at the end of the previous reported quarter. Cubist Systematic Strategies Llc who had been investing in Brandywine Rlty Tr for a number of months, seems to be bullish on the $2.93 billion market cap company. The stock increased 1.06% or $0.17 during the last trading session, reaching $16.28. About 3.29M shares traded or 95.91% up from the average. Brandywine Realty Trust (NYSE:BDN) has declined 9.25% since June 16, 2017 and is downtrending. It has underperformed by 21.82% the S&P500. Some Historical BDN News: 19/04/2018 – BRANDYWINE REALTY TRUST BDN.N SEES FY 2018 FFO SHR $1.33 TO $1.43; 23/05/2018 – Detailed Research: Economic Perspectives on Brandywine Realty Trust, Dolby Laboratories, International Speedway, Ferrellgas Par; 26/03/2018 – Brandywine Homes Begins Model Construction at Bradbury, a Gated Community Offering 45 Single-Family Detached Homes in La Puente, Calif; 19/04/2018 – Brandywine Realty 1Q Net $44.3M; 09/03/2018 – Delaware PSC: DNREC’S Division of Parks & Recreation announces change in start date for Rockland entrance to Brandywine Creek; 02/05/2018 – Brandywine to Hold Grand Opening on May 5 at Corsica, Offering 17 Townhomes in Buena Park, Calif; 26/03/2018 – Brandywine Homes Begins Model Construction at Bradbury, a Gated Community Offering 45 Single-Family Detached Homes in La Puente; 19/04/2018 – BRANDYWINE REALTY 1Q FFO/SHR 32C, EST. 32C; 15/05/2018 – Brandywine Global Investment Mgmt Buys 1.7% of Horizon Global; 17/05/2018 – Market Talk Roundup: Eurozone Ready to Cope Without QE: Brandywine Global

Broadview Advisors Llc decreased its stake in Brunswick Corp (BC) by 13.27% based on its latest 2018Q1 regulatory filing with the SEC. Broadview Advisors Llc sold 26,375 shares as the company’s stock rose 6.67% while stock markets declined. The institutional investor held 172,435 shares of the industrial machinery and components company at the end of 2018Q1, valued at $10.24 million, down from 198,810 at the end of the previous reported quarter. Broadview Advisors Llc who had been investing in Brunswick Corp for a number of months, seems to be less bullish one the $5.99B market cap company. The stock increased 1.18% or $0.8 during the last trading session, reaching $68.77. About 861,646 shares traded or 8.86% up from the average. Brunswick Corporation (NYSE:BC) has risen 14.83% since June 16, 2017 and is uptrending. It has outperformed by 2.26% the S&P500. Some Historical BC News: 24/04/2018 – Brunswick Corporation : Crestliner Launches ‘Angling Aces’ Student Program; 01/04/2018 – Sky News Australia: #BREAKING: There are reports a body has been found inside the Bandidos clubhouse in the Melbourne suburb of; 30/05/2018 – Brunswick Corporation : NAUTIC-ONTM Sponsors Chicago Yacht Club’s In-Water Tech Show and Summer Event Series; 13/03/2018 – Brunswick Non-Deal Roadshow Scheduled By Wedbush for Mar. 20; 13/03/2018 – VP Dekker Gifts 200 Of Brunswick Corp; 19/04/2018 – DJ Brunswick Corporation, Inst Holders, 1Q 2018 (BC); 26/04/2018 – BRUNSWICK CORP – RAISING LOWER END OF REVENUE GUIDANCE FOR 2018 AND NOW EXPECT REVENUE GROWTH OF 6 PERCENT TO 7 PERCENT IN 2018; 24/04/2018 – Life Fitness Appoints New CMO and VP, Global Customer Experience & Service; 26/04/2018 – Brunswick Corp Sees FY18 Revenue Growth of 6%-7%; 13/03/2018 – The Daily Gleaner: EXCLUSIVE: ‘I really feel that people in New Brunswick should have the IMAX experience’

Among 13 analysts covering Brandywine Realty Trust (NYSE:BDN), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Brandywine Realty Trust had 39 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was upgraded by Evercore on Monday, December 4 to “Outperform”. Barclays Capital maintained Brandywine Realty Trust (NYSE:BDN) on Tuesday, January 30 with “Equal-Weight” rating. As per Monday, October 23, the company rating was maintained by Stifel Nicolaus. Evercore downgraded the stock to “In-Line” rating in Monday, May 15 report. KeyBanc Capital Markets upgraded Brandywine Realty Trust (NYSE:BDN) rating on Tuesday, December 19. KeyBanc Capital Markets has “Buy” rating and $21.0 target. The firm has “Equalweight” rating given on Tuesday, July 19 by Barclays Capital. S&P Research maintained it with “Buy” rating and $14 target in Wednesday, September 16 report. Stifel Nicolaus downgraded the stock to “Hold” rating in Tuesday, March 13 report. As per Monday, June 11, the company rating was downgraded by Evercore. The stock of Brandywine Realty Trust (NYSE:BDN) earned “Buy” rating by Evercore on Monday, December 19.

Investors sentiment decreased to 1.26 in Q1 2018. Its down 0.28, from 1.54 in 2017Q4. It fall, as 24 investors sold BDN shares while 70 reduced holdings. 34 funds opened positions while 84 raised stakes. 176.73 million shares or 0.08% less from 176.88 million shares in 2017Q4 were reported. Citadel Advsr Ltd Liability Corporation holds 0.01% or 1.71M shares in its portfolio. Cornerstone owns 424 shares. Schroder Inv Management owns 21,815 shares for 0% of their portfolio. Voya Investment Mngmt holds 45,648 shares. Prudential Fincl has 0.05% invested in Brandywine Realty Trust (NYSE:BDN). Wells Fargo Mn has 0% invested in Brandywine Realty Trust (NYSE:BDN). Raymond James Associates has 0.03% invested in Brandywine Realty Trust (NYSE:BDN). First Advsr LP reported 0% stake. Foundry Prns Ltd Liability Company reported 658,060 shares. Kempen Cap Mngmt Nv holds 0.11% or 85,181 shares. 85,048 are owned by Mutual Of America Management Limited Liability Company. Connecticut-based Aqr Mgmt Lc has invested 0% in Brandywine Realty Trust (NYSE:BDN). Nj State Employees Deferred Compensation Plan stated it has 30,000 shares. 483,531 are held by California Public Employees Retirement Sys. Fort Washington Inv Advsrs Oh holds 0.01% or 61,000 shares in its portfolio.

Cubist Systematic Strategies Llc, which manages about $1.71 billion US Long portfolio, decreased its stake in Entercom Communications Corp (NYSE:ETM) by 98,305 shares to 3,600 shares, valued at $35,000 in 2018Q1, according to the filing. It also reduced its holding in Lyon William Homes (NYSE:WLH) by 21,476 shares in the quarter, leaving it with 9,652 shares, and cut its stake in Aspen Insurance Holdings Ltd (NYSE:AHL).

Analysts await Brunswick Corporation (NYSE:BC) to report earnings on July, 26. They expect $1.55 earnings per share, up 14.81% or $0.20 from last year’s $1.35 per share. BC’s profit will be $135.10M for 11.09 P/E if the $1.55 EPS becomes a reality. After $1.01 actual earnings per share reported by Brunswick Corporation for the previous quarter, Wall Street now forecasts 53.47% EPS growth.

Broadview Advisors Llc, which manages about $1.12 billion and $609.80M US Long portfolio, upped its stake in Chemical Finl Corp (NASDAQ:CHFC) by 41,350 shares to 206,537 shares, valued at $11.29M in 2018Q1, according to the filing. It also increased its holding in Imperva Inc (NYSE:IMPV) by 81,250 shares in the quarter, for a total of 256,525 shares, and has risen its stake in Kornit Digital Ltd.

Investors sentiment increased to 1.01 in Q1 2018. Its up 0.01, from 1 in 2017Q4. It increased, as 40 investors sold BC shares while 104 reduced holdings. 51 funds opened positions while 94 raised stakes. 80.25 million shares or 0.97% more from 79.48 million shares in 2017Q4 were reported. Moreover, Globeflex Capital Lp has 0.04% invested in Brunswick Corporation (NYSE:BC). Swiss Bancorp has invested 0.01% in Brunswick Corporation (NYSE:BC). Bankshares Of Montreal Can has 0.01% invested in Brunswick Corporation (NYSE:BC) for 110,426 shares. Verition Fund Management Ltd Liability Corp accumulated 0.06% or 13,812 shares. 87,125 are owned by Thompson Mngmt. Morgan Stanley, a New York-based fund reported 888,674 shares. Ledyard Bancorporation reported 0% of its portfolio in Brunswick Corporation (NYSE:BC). Gamco Invsts Et Al has 74,000 shares for 0.03% of their portfolio. Quantbot Ltd Partnership invested 0.11% of its portfolio in Brunswick Corporation (NYSE:BC). The Louisiana-based Louisiana State Employees Retirement has invested 0.06% in Brunswick Corporation (NYSE:BC). New York-based Retail Bank Of Ny Mellon Corporation has invested 0.02% in Brunswick Corporation (NYSE:BC). Moors And Cabot holds 3,697 shares. Dimensional Fund Advsr LP invested in 0.02% or 983,753 shares. Hillsdale Inv Mgmt accumulated 6,200 shares. Gp One Trading Lp holds 0% of its portfolio in Brunswick Corporation (NYSE:BC) for 1,500 shares.

Since February 14, 2018, it had 0 buys, and 5 sales for $3.17 million activity. Preisser Brenna sold $15,072 worth of stock. The insider Dekker Christopher F sold 3,100 shares worth $182,394. METZGER WILLIAM sold $912,168 worth of stock or 13,530 shares.

Among 18 analysts covering Brunswick (NYSE:BC), 16 have Buy rating, 0 Sell and 2 Hold. Therefore 89% are positive. Brunswick had 73 analyst reports since September 4, 2015 according to SRatingsIntel. The stock of Brunswick Corporation (NYSE:BC) earned “Hold” rating by C.L. King on Friday, February 2. The firm earned “Buy” rating on Monday, January 29 by Northcoast. The firm earned “Buy” rating on Tuesday, December 19 by RBC Capital Markets. The rating was maintained by B. Riley & Co with “Buy” on Wednesday, October 28. The stock has “Outperform” rating by Wedbush on Friday, September 4. FBR Capital maintained the shares of BC in report on Thursday, April 26 with “Buy” rating. The firm has “Outperform” rating by RBC Capital Markets given on Friday, January 15. On Friday, April 29 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm earned “Buy” rating on Monday, March 5 by CL King. The rating was maintained by SunTrust on Thursday, October 26 with “Buy”.

Brandywine Realty Trust (NYSE:BDN) Institutional Positions Chart

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