Brixmor Property Group (NYSE:BRX) Director Julie Bowerman Sells 8,000 Shares of Stock

Brixmor Property Group Inc. (NYSE:BRX) Director Julie Bowerman sold 8,000 shares of the business’s 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 sale, the director directly owned 18,400 shares in the company, valued at $534,152. This trade represents a 30.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Brixmor Property Group Price Performance

BRX opened at $29.27 on Friday. The firm has a market cap of $8.97 billion, a PE ratio of 23.23, a P/E/G ratio of 2.57 and a beta of 1.10. The stock has a 50-day moving average price of $26.46 and a 200-day moving average price of $26.75. Brixmor Property Group Inc. has a 1 year low of $22.28 and a 1 year high of $29.42. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.11 and a quick ratio of 1.19.

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

Brixmor Property Group Announces Dividend

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Clearstead Advisors LLC boosted its position in shares of Brixmor Property Group by 96.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 495 shares during the last quarter. Mather Group LLC. bought a new position in Brixmor Property Group during the third quarter valued at approximately $28,000. Loomis Sayles & Co. L P raised its holdings in shares of Brixmor Property Group by 1,215.1% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 1,130 shares in the last quarter. Quent Capital LLC bought a new position in shares of Brixmor Property Group during the 3rd quarter valued at approximately $35,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Brixmor Property Group in the fourth quarter valued at $42,000. 98.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BRX has been the subject of several research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Brixmor Property Group in a report on Monday, December 22nd. Scotiabank lowered their target price on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a report on Wednesday, January 14th. JPMorgan Chase & Co. raised 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. Wells Fargo & Company initiated coverage on shares of Brixmor Property Group in a research report on Tuesday, October 21st. They issued an “equal weight” rating and a $28.00 price target on the stock. Finally, UBS Group boosted their price target 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 research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $30.00.

Brixmor Property Group Company Profile

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.