Aew Capital Management L P Acquires 1,241,326 Shares of Brixmor Property Group Inc. $BRX

Aew Capital Management L P increased its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 75.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,882,414 shares of the real estate investment trust’s stock after buying an additional 1,241,326 shares during the quarter. Brixmor Property Group comprises approximately 4.4% of Aew Capital Management L P’s portfolio, making the stock its 11th largest holding. Aew Capital Management L P’s holdings in Brixmor Property Group were worth $79,785,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Brixmor Property Group in the 2nd quarter valued at approximately $101,506,000. Prudential Financial Inc. boosted its stake in Brixmor Property Group by 160.7% in the 2nd quarter. Prudential Financial Inc. now owns 2,924,404 shares of the real estate investment trust’s stock valued at $76,151,000 after buying an additional 1,802,813 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its stake in Brixmor Property Group by 60.6% in the 2nd quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,217,092 shares of the real estate investment trust’s stock valued at $109,813,000 after buying an additional 1,590,940 shares in the last quarter. Hudson Bay Capital Management LP grew its position in Brixmor Property Group by 163.7% in the second quarter. Hudson Bay Capital Management LP now owns 2,245,273 shares of the real estate investment trust’s stock valued at $58,467,000 after acquiring an additional 1,393,811 shares during the period. Finally, Franklin Resources Inc. raised its stake in Brixmor Property Group by 10.1% during the second quarter. Franklin Resources Inc. now owns 12,186,177 shares of the real estate investment trust’s stock worth $317,328,000 after acquiring an additional 1,115,148 shares in the last quarter. Institutional investors own 98.43% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on BRX shares. UBS Group lifted their price objective on Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Piper Sandler increased their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Scotiabank cut their price target on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.70.

Insider Buying and Selling at Brixmor Property Group

In other news, Director Julie Bowerman sold 8,000 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $29.03, for a total transaction of $232,240.00. Following the transaction, the director owned 18,400 shares of the company’s stock, valued at $534,152. This represents a 30.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.75% of the stock is currently owned by insiders.

Brixmor Property Group Trading Up 0.1%

BRX opened at $29.81 on Wednesday. Brixmor Property Group Inc. has a 1-year low of $22.28 and a 1-year high of $29.97. The stock has a market capitalization of $9.14 billion, a PE ratio of 23.66, a PEG ratio of 2.68 and a beta of 1.10. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.83. The firm has a 50-day moving average price of $27.03 and a two-hundred day moving average price of $26.93.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.58 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $347.42 million. During the same period in the prior year, the firm earned $0.53 earnings per share. 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. As a group, equities analysts anticipate that Brixmor Property Group Inc. will post 2.22 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, April 15th. Stockholders of record on Thursday, April 2nd will be paid a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is 97.62%.

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.