Robeco Institutional Asset Management B.V. Sells 19,004 Shares of Brixmor Property Group Inc. $BRX

Robeco Institutional Asset Management B.V. reduced its position in Brixmor Property Group Inc. (NYSE:BRX) by 4.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 408,648 shares of the real estate investment trust’s stock after selling 19,004 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.13% of Brixmor Property Group worth $11,279,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Brixmor Property Group in the 2nd quarter worth $1,265,950,000. Canada Pension Plan Investment Board acquired a new position in shares of Brixmor Property Group during the second quarter worth about $180,406,000. Principal Financial Group Inc. increased its stake in shares of Brixmor Property Group by 686.1% during the first quarter. Principal Financial Group Inc. now owns 5,176,486 shares of the real estate investment trust’s stock worth $149,083,000 after acquiring an additional 4,518,001 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Brixmor Property Group by 1.4% during the first quarter. Dimensional Fund Advisors LP now owns 4,790,090 shares of the real estate investment trust’s stock worth $137,955,000 after acquiring an additional 64,449 shares during the period. Finally, Deutsche Bank AG purchased a new position in Brixmor Property Group during the second quarter worth about $122,922,000. 98.43% of the stock is owned by institutional investors and hedge funds.

Brixmor Property Group Price Performance

Shares of NYSE BRX opened at $28.15 on Friday. The firm has a market capitalization of $8.64 billion, a P/E ratio of 20.11, a PEG ratio of 2.18 and a beta of 0.97. Brixmor Property Group Inc. has a one year low of $24.66 and a one year high of $32.86. The company’s fifty day moving average is $28.32 and its two-hundred day moving average is $29.96. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.82 and a current ratio of 0.82.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.34). Brixmor Property Group had a net margin of 30.82% and a return on equity of 14.38%. The company had revenue of $354.20 million during the quarter, compared to analysts’ expectations of $354.39 million. During the same quarter in the prior year, the business earned $0.56 EPS. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. Analysts forecast that Brixmor Property Group Inc. will post 2.36 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BRX has been the subject of a number of recent analyst reports. KeyCorp restated an “overweight” rating and issued a $34.00 price objective on shares of Brixmor Property Group in a research report on Wednesday, October 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Brixmor Property Group in a research report on Friday, July 31st. Stifel Nicolaus boosted their target price on Brixmor Property Group from $31.00 to $34.00 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. Wells Fargo & Company raised Brixmor Property Group to a “hold” rating in a research note on Thursday, July 23rd. Finally, Mizuho cut their target price on Brixmor Property Group from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, September 24th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Brixmor Property Group currently has an average rating of “Moderate Buy” and a consensus target price of $33.45.

Brixmor Property Group Company Profile

Brixmor Property Group Inc (NYSE: BRX) is a real estate investment trust that owns and operates open-air shopping centers across the United States. Its portfolio is primarily focused on grocery-anchored community and neighborhood centers located in established, densely populated markets.

The company leases retail space to a diverse mix of tenants, including grocery stores, restaurants, service businesses, health and wellness providers, and other essential retailers. Brixmor also manages property operations and pursues redevelopment, re-tenanting, and leasing initiatives designed to enhance the functionality and long-term value of its shopping centers.

Brixmor became a publicly traded company in 2013 after being separated from an ownership structure associated with Blackstone.