Brixmor Property Group Inc. $BRX Stake Raised by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 253.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 509,625 shares of the real estate investment trust’s stock after acquiring an additional 365,535 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Brixmor Property Group were worth $13,230,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Mather Group LLC. acquired a new position in shares of Brixmor Property Group in the 3rd quarter worth approximately $28,000. Quent Capital LLC acquired a new stake in Brixmor Property Group during the third quarter valued at approximately $35,000. EverSource Wealth Advisors LLC boosted its holdings in Brixmor Property Group by 43.6% during 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 worth approximately $62,000. Finally, CIBC Private Wealth Group LLC grew its position in Brixmor Property Group by 695.5% in the third quarter. CIBC Private Wealth Group LLC now owns 2,307 shares of the real estate investment trust’s stock worth $64,000 after buying an additional 2,017 shares during the last quarter. Institutional investors and hedge funds own 98.43% of the company’s stock.

Insider Activity at Brixmor Property Group

In related news, Director Julie Bowerman sold 8,000 shares of the business’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 transaction of $232,240.00. Following the transaction, the director directly owned 18,400 shares of the company’s stock, valued at approximately $534,152. The trade was a 30.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.91% of the company’s stock.

Brixmor Property Group Price Performance

Shares of NYSE:BRX opened at $28.90 on Friday. The company’s fifty day moving average is $28.92 and its two-hundred day moving average is $27.33. The company has a market cap of $8.87 billion, a P/E ratio of 22.94, a price-to-earnings-growth ratio of 2.60 and a beta of 1.06. Brixmor Property Group Inc. has a 12-month low of $22.28 and a 12-month 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.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.01. The firm had revenue of $353.75 million for 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%.Brixmor Property Group’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.53 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Equities analysts expect that Brixmor Property Group Inc. will post 2.22 earnings per share for the current fiscal year.

Brixmor Property Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be issued a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is currently 97.62%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Truist Financial upped their price target on Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Wells Fargo & Company lifted their target price on Brixmor Property Group from $28.00 to $32.00 and gave the stock an “equal weight” rating in a report on Thursday, March 19th. Piper Sandler boosted their target price on Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. JPMorgan Chase & Co. upped their target price on Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $31.55.

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.