Brixmor Property Group Inc. $BRX is Presima Securities ULC’s 2nd Largest Position

Presima Securities ULC reduced its stake in Brixmor Property Group Inc. (NYSE:BRX) by 18.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,020,849 shares of the real estate investment trust’s stock after selling 234,292 shares during the quarter. Brixmor Property Group comprises approximately 7.8% of Presima Securities ULC’s portfolio, making the stock its 2nd biggest holding. Presima Securities ULC owned approximately 0.33% of Brixmor Property Group worth $28,257,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BRX. Mather Group LLC. purchased a new stake in shares of Brixmor Property Group during the 3rd quarter valued at $28,000. Quent Capital LLC bought a new position in Brixmor Property Group in the third quarter valued at $35,000. EverSource Wealth Advisors LLC raised its position in Brixmor Property Group by 43.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 557 shares in the last quarter. Smartleaf Asset Management LLC raised its position in Brixmor Property Group by 62.4% during the third quarter. Smartleaf Asset Management LLC now owns 2,395 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 920 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in Brixmor Property Group by 523.3% during the third quarter. Hantz Financial Services Inc. now owns 2,917 shares of the real estate investment trust’s stock worth $81,000 after purchasing an additional 2,449 shares during the last quarter. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on BRX. Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Scotiabank lowered their price objective on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a report on Wednesday, January 14th. UBS Group upped their price objective on shares of Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. JPMorgan Chase & Co. lifted their target price on shares of Brixmor Property Group from $29.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Finally, Piper Sandler boosted their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Brixmor Property Group currently has an average rating of “Moderate Buy” and an average target price of $30.40.

Brixmor Property Group Price Performance

BRX stock opened at $29.25 on Thursday. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of 23.21, a PEG ratio of 2.62 and a beta of 1.10. The firm’s 50-day moving average price is $26.72 and its two-hundred day moving average price is $26.82. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.83. Brixmor Property Group Inc. has a 12-month low of $22.28 and a 12-month high of $29.67.

Brixmor Property Group (NYSE:BRX) last posted its earnings results on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.01. The company had revenue of $353.75 million for the quarter, compared to analysts’ expectations of $347.42 million. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.Brixmor Property Group’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm earned $0.53 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, equities analysts predict 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. Investors of record on Thursday, April 2nd will be paid a $0.3075 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 dividend on an annualized basis and a yield of 4.2%. Brixmor Property Group’s dividend payout ratio (DPR) is presently 97.62%.

Insiders Place Their Bets

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the transaction, the director directly owned 18,400 shares in the company, valued at approximately $534,152. This represents a 30.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.75% of the stock is currently owned by company insiders.

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.