Brixmor Property Group Inc. $BRX Position Boosted by Vanguard Group Inc.

Vanguard Group Inc. boosted its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 0.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,986,376 shares of the real estate investment trust’s stock after acquiring an additional 198,567 shares during the quarter. Vanguard Group Inc. owned 0.15% of Brixmor Property Group worth $1,179,543,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. State Street Corp grew its stake in shares of Brixmor Property Group by 0.5% in the second quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock worth $408,813,000 after purchasing an additional 81,497 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Brixmor Property Group by 0.4% during the third quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock valued at $338,747,000 after purchasing an additional 51,778 shares during the period. Invesco Ltd. raised its stake in shares of Brixmor Property Group by 6.8% during the third quarter. Invesco Ltd. now owns 8,036,728 shares of the real estate investment trust’s stock valued at $222,457,000 after purchasing an additional 511,976 shares in the last quarter. Wellington Management Group LLP lifted its holdings in 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 during the period. Finally, Northern Trust Corp lifted its holdings in Brixmor Property Group by 3.9% in the third quarter. Northern Trust Corp now owns 5,429,154 shares of the real estate investment trust’s stock worth $150,279,000 after purchasing an additional 204,219 shares during the period. Institutional investors own 98.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Evercore upgraded shares of Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday. Piper Sandler upped 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, February 17th. Scotiabank increased their price objective on shares of Brixmor Property Group from $29.00 to $33.00 and gave the company a “sector outperform” rating in a report on Tuesday, March 24th. Finally, Truist Financial raised their price objective on shares of Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $32.00.

Brixmor Property Group Stock Performance

Shares of NYSE BRX opened at $29.78 on Friday. The stock’s fifty day simple moving average is $29.74 and its 200 day simple moving average is $27.70. The stock has a market capitalization of $9.14 billion, a price-to-earnings ratio of 20.68, a PEG ratio of 2.70 and a beta of 1.06. The company has a quick ratio of 1.11, a current ratio of 1.31 and a debt-to-equity ratio of 1.81. Brixmor Property Group Inc. has a 52-week low of $24.38 and a 52-week high of $31.49.

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

Brixmor Property Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, July 2nd will be given a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio is 85.42%.

Insider Buying and Selling

In related news, Director Julie Bowerman sold 8,000 shares of the firm’s stock in a transaction that occurred 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 owned 18,400 shares of the company’s stock, valued at approximately $534,152. This trade represents a 30.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.91% of the company’s stock.

Brixmor Property Group 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.