APG Asset Management US Inc. Has $38.45 Million Stock Holdings in Brixmor Property Group Inc. $BRX

APG Asset Management US Inc. lifted its holdings in shares of Brixmor Property Group Inc. (NYSE:BRXFree Report) by 22.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,405,763 shares of the real estate investment trust’s stock after purchasing an additional 261,364 shares during the quarter. APG Asset Management US Inc.’s holdings in Brixmor Property Group were worth $38,448,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mather Group LLC. bought a new stake in Brixmor Property Group in the third quarter worth $28,000. Quent Capital LLC acquired a new stake in shares of Brixmor Property Group in the third quarter worth about $35,000. EverSource Wealth Advisors LLC lifted its position in shares of Brixmor Property Group by 43.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 557 shares during the last quarter. Avalon Trust Co bought a new stake in shares of Brixmor Property Group during the 3rd quarter worth about $62,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Brixmor Property Group by 62.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 2,395 shares of the real estate investment trust’s stock valued at $66,000 after acquiring an additional 920 shares during the last quarter. Institutional investors own 98.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Piper Sandler boosted their price objective 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. UBS Group lifted their target price on shares of Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Finally, Scotiabank decreased 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. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $30.70.

Check Out Our Latest Report on Brixmor Property Group

Brixmor Property Group Trading Down 0.7%

Shares of BRX stock opened at $30.27 on Friday. The firm has a market capitalization of $9.28 billion, a P/E ratio of 24.02, a price-to-earnings-growth ratio of 2.72 and a beta of 1.10. Brixmor Property Group Inc. has a 1 year low of $22.28 and a 1 year high of $30.68. The firm’s fifty day simple moving average is $27.30 and its 200 day simple moving average is $27.01. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.83.

Brixmor Property Group (NYSE:BRXGet Free Report) last issued its quarterly earnings results 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 firm had revenue of $353.75 million during the quarter, compared to the consensus estimate of $347.42 million. During the same period in the prior year, the firm earned $0.53 EPS. The business’s revenue was up 7.7% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, sell-side analysts predict that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be given a dividend of $0.3075 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 dividend on an annualized basis and a yield of 4.1%. Brixmor Property Group’s dividend payout ratio (DPR) is 97.62%.

Insider Transactions at Brixmor Property Group

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 18,400 shares of the company’s stock, valued at $534,152. This represents a 30.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.75% of the stock is owned by corporate insiders.

About Brixmor Property Group

(Free Report)

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.

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Institutional Ownership by Quarter for Brixmor Property Group (NYSE:BRX)

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