Cox Capital Mgt LLC Acquires New Holdings in Brixmor Property Group Inc. $BRX

Cox Capital Mgt LLC bought a new position in shares of Brixmor Property Group Inc. (NYSE:BRX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 92,017 shares of the real estate investment trust’s stock, valued at approximately $2,367,000. Brixmor Property Group accounts for about 1.5% of Cox Capital Mgt LLC’s portfolio, making the stock its 23rd largest position.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Mather Group LLC. purchased a new position in shares of Brixmor Property Group during the 3rd quarter valued at $28,000. Quent Capital LLC purchased a new stake in shares of Brixmor Property Group in the third quarter worth $35,000. EverSource Wealth Advisors LLC raised 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 in the last quarter. Avalon Trust Co bought a new stake in Brixmor Property Group during the third quarter valued at $62,000. Finally, CIBC Private Wealth Group LLC boosted its stake in Brixmor Property Group by 695.5% during the third quarter. CIBC Private Wealth Group LLC now owns 2,307 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 2,017 shares during the period. 98.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total transaction of $232,240.00. Following the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.91% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. UBS Group upped their target price on Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Scotiabank boosted their price objective on Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a report on Tuesday, March 24th. JPMorgan Chase & Co. upped their price objective on shares of Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Finally, Wells Fargo & Company raised their target price on shares of Brixmor Property Group from $28.00 to $32.00 and gave the company an “equal weight” rating in a research note on Thursday, March 19th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $31.55.

Brixmor Property Group Stock Down 0.9%

BRX opened at $28.38 on Friday. The business’s fifty day simple moving average is $28.69 and its 200 day simple moving average is $27.30. Brixmor Property Group Inc. has a 52 week low of $22.28 and a 52 week high of $30.70. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.83. The stock has a market cap of $8.71 billion, a PE ratio of 22.52, a P/E/G ratio of 2.55 and a beta of 1.06.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.01. The firm had revenue of $353.75 million during the quarter, compared to analyst estimates of $347.42 million. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, research analysts expect that Brixmor Property Group Inc. will post 2.22 earnings per share for the current fiscal year.

Brixmor Property Group Announces Dividend

The company 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 $0.3075 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 annualized dividend and a yield of 4.3%. Brixmor Property Group’s dividend payout ratio is currently 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.