Arbejdsmarkedets Tillaegspension Takes Position in Brixmor Property Group Inc. $BRX

Arbejdsmarkedets Tillaegspension bought a new stake in shares of Brixmor Property Group Inc. (NYSE:BRX) in the 4th quarter, HoldingsChannel.com reports. The firm bought 926,651 shares of the real estate investment trust’s stock, valued at approximately $24,297,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Wellington Management Group LLP grew its stake in shares of Brixmor Property Group by 49.6% in the third quarter. Wellington Management Group LLP now owns 6,395,999 shares of the real estate investment trust’s stock worth $177,041,000 after purchasing an additional 2,119,890 shares in the last quarter. Aew Capital Management L P grew its stake in shares of Brixmor Property Group by 75.6% in the third quarter. Aew Capital Management L P now owns 2,882,414 shares of the real estate investment trust’s stock worth $79,785,000 after purchasing an additional 1,241,326 shares in the last quarter. Adelante Capital Management LLC bought a new position in shares of Brixmor Property Group in the third quarter worth $30,831,000. SG Americas Securities LLC grew its stake in shares of Brixmor Property Group by 2,455.7% in the fourth quarter. SG Americas Securities LLC now owns 1,125,634 shares of the real estate investment trust’s stock worth $29,514,000 after purchasing an additional 1,081,590 shares in the last quarter. Finally, Aberdeen Group plc grew its stake in shares of Brixmor Property Group by 332.4% in the third quarter. Aberdeen Group plc now owns 1,086,300 shares of the real estate investment trust’s stock worth $29,808,000 after purchasing an additional 835,103 shares in the last quarter. 98.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BRX has been the subject of several recent analyst reports. Wells Fargo & Company increased their price target on Brixmor Property Group from $28.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 19th. Stifel Nicolaus increased their price target on Brixmor Property Group from $29.75 to $31.00 and gave the stock a “hold” rating in a research note on Tuesday, April 28th. Evercore raised Brixmor Property Group to a “strong-buy” rating in a research note on Wednesday, April 29th. Piper Sandler increased their price target on Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Finally, JPMorgan Chase & Co. increased their price target on Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $32.18.

Brixmor Property Group Trading Up 0.6%

Shares of BRX stock opened at $29.53 on Friday. The stock has a 50-day simple moving average of $29.70 and a 200 day simple moving average of $27.85. Brixmor Property Group Inc. has a fifty-two week low of $24.38 and a fifty-two week high of $31.49. The stock has a market capitalization of $9.06 billion, a P/E ratio of 20.51, a P/E/G ratio of 2.43 and a beta of 1.00. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.81.

Brixmor Property Group (NYSE:BRX) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.16. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The business had revenue of $354.82 million during the quarter, compared to analysts’ expectations of $349.43 million. During the same quarter last year, the business posted $0.56 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. On average, sell-side analysts expect that Brixmor Property Group Inc. will post 2.36 earnings per share for the current fiscal year.

Brixmor Property Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, July 2nd will be paid a dividend of $0.3075 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.23 annualized dividend and a yield of 4.2%. Brixmor Property Group’s dividend payout ratio (DPR) is currently 85.42%.

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.