Brixmor Property Group Inc. $BRX Shares Bought by LSV Asset Management

LSV Asset Management grew its stake in Brixmor Property Group Inc. (NYSE:BRX) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,645,400 shares of the real estate investment trust’s stock after purchasing an additional 21,700 shares during the quarter. LSV Asset Management owned approximately 0.54% of Brixmor Property Group worth $45,545,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Royal Bank of Canada increased its holdings in Brixmor Property Group by 39.9% in the first quarter. Royal Bank of Canada now owns 203,615 shares of the real estate investment trust’s stock valued at $5,405,000 after buying an additional 58,058 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Brixmor Property Group by 5.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,703,625 shares of the real estate investment trust’s stock worth $45,231,000 after acquiring an additional 89,827 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Brixmor Property Group by 4.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 10,073 shares of the real estate investment trust’s stock valued at $262,000 after acquiring an additional 451 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Brixmor Property Group by 36.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 41,875 shares of the real estate investment trust’s stock valued at $1,090,000 after acquiring an additional 11,096 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Brixmor Property Group during the 2nd quarter valued at approximately $535,000. Institutional investors own 98.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Brixmor Property Group from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Scotiabank dropped their price objective on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, January 14th. Wells Fargo & Company assumed coverage on Brixmor Property Group in a research note on Tuesday, October 21st. They issued an “equal weight” rating and a $28.00 target price for the company. Finally, UBS Group upped their target price on Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $30.00.

Insider Transactions at Brixmor Property Group

In other news, Director Julie Bowerman sold 8,000 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the transaction, the director owned 18,400 shares of the company’s stock, valued at approximately $534,152. This represents a 30.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.75% of the company’s stock.

Brixmor Property Group Trading Up 0.8%

Brixmor Property Group stock opened at $29.27 on Friday. Brixmor Property Group Inc. has a 52-week low of $22.28 and a 52-week high of $29.42. The company has a quick ratio of 1.19, a current ratio of 1.11 and a debt-to-equity ratio of 1.83. The firm has a market capitalization of $8.97 billion, a price-to-earnings ratio of 23.23, a PEG ratio of 2.57 and a beta of 1.10. The firm has a 50-day moving average price of $26.46 and a two-hundred day moving average price of $26.75.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The company had revenue of $353.75 million for the quarter, compared to analyst estimates of $347.42 million. Brixmor Property Group had a net margin of 28.16% and a return on equity of 13.00%. Brixmor Property Group’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.53 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Sell-side analysts expect that Brixmor Property Group Inc. will post 2.22 earnings per share for the current year.

Brixmor Property Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Thursday, April 2nd. Brixmor Property Group’s payout ratio is 97.62%.

About Brixmor Property Group

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor’s core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company’s main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.