Brixmor Property Group Inc. $BRX Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in Brixmor Property Group Inc. (NYSE:BRX) by 1.7% in the 2nd quarter, Holdings Channel reports. The fund owned 2,103,546 shares of the real estate investment trust’s stock after selling 35,536 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Brixmor Property Group were worth $66,325,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC purchased a new position in shares of Brixmor Property Group during the 1st quarter worth $26,000. Jones Financial Companies Lllp purchased a new stake in shares of Brixmor Property Group in the second quarter valued at $29,000. Allworth Financial LP purchased a new stake in shares of Brixmor Property Group in the second quarter valued at $29,000. Clearstead Advisors LLC increased its stake in Brixmor Property Group by 96.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 495 shares during the last quarter. Finally, Loomis Sayles & Co. L P lifted its position in Brixmor Property Group by 1,215.1% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 1,130 shares during the period. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on BRX. UBS Group raised their price target on Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Stifel Nicolaus increased their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a “hold” rating in a report on Tuesday, July 28th. Wells Fargo & Company raised shares of Brixmor Property Group to a “hold” rating in a research report on Thursday, July 23rd. Citigroup boosted their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Finally, Piper Sandler upped their price target on shares of Brixmor Property Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $34.33.

Brixmor Property Group Price Performance

BRX stock opened at $29.39 on Thursday. The company has a market cap of $9.02 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 2.22 and a beta of 0.97. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.76. The stock has a 50-day moving average price of $30.85 and a two-hundred day moving average price of $30.38. Brixmor Property Group Inc. has a 12-month low of $24.66 and a 12-month high of $32.86.

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

Brixmor Property Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be given a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, October 2nd. Brixmor Property Group’s payout ratio is 87.86%.

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.