Perpetual Ltd Raises Holdings in Brixmor Property Group Inc. $BRX

Perpetual Ltd raised its position in Brixmor Property Group Inc. (NYSE:BRX) by 48.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 59,020 shares of the real estate investment trust’s stock after purchasing an additional 19,250 shares during the period. Perpetual Ltd’s holdings in Brixmor Property Group were worth $1,548,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BRX. Wellington Management Group LLP grew its holdings in shares of Brixmor Property Group by 49.6% during the third quarter. Wellington Management Group LLP now owns 6,395,999 shares of the real estate investment trust’s stock worth $177,041,000 after buying an additional 2,119,890 shares in the last quarter. Hudson Bay Capital Management LP raised its position in shares of 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 buying an additional 1,393,811 shares during the last quarter. Aew Capital Management L P lifted its stake in shares of Brixmor Property Group by 75.6% in the third quarter. Aew Capital Management L P now owns 2,882,414 shares of the real estate investment trust’s stock worth $79,785,000 after buying an additional 1,241,326 shares in the last quarter. Adelante Capital Management LLC purchased a new position in shares of Brixmor Property Group in the third quarter worth about $30,831,000. Finally, SG Americas Securities LLC boosted its position in Brixmor Property Group by 2,455.7% during the fourth quarter. SG Americas Securities LLC now owns 1,125,634 shares of the real estate investment trust’s stock worth $29,514,000 after acquiring an additional 1,081,590 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 other news, Director Julie Bowerman sold 8,000 shares of the 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 completion of the transaction, the director directly owned 18,400 shares in the company, valued at approximately $534,152. This represents a 30.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.91% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

BRX has been the subject of several research reports. Truist Financial upped their price objective on shares of Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. UBS Group boosted their target price on Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Piper Sandler increased their price target on Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Wells Fargo & Company lifted their price objective on Brixmor Property Group from $28.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 19th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $31.55.

Brixmor Property Group Price Performance

Shares of BRX stock opened at $28.90 on Friday. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.11 and a quick ratio of 1.11. The firm’s 50-day moving average is $28.92 and its two-hundred day moving average is $27.33. Brixmor Property Group Inc. has a 12 month low of $22.28 and a 12 month high of $30.70. The company has a market capitalization of $8.87 billion, a PE ratio of 22.94, a price-to-earnings-growth ratio of 2.60 and a beta of 1.06.

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 business had revenue of $353.75 million during the quarter, compared to analysts’ expectations of $347.42 million. Brixmor Property Group had a net margin of 28.16% and a return on equity of 13.00%. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.53 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Analysts predict that Brixmor Property Group Inc. will post 2.22 earnings per share for the current year.

Brixmor Property Group Dividend Announcement

The firm also recently declared 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 4.3%. The ex-dividend date of this dividend is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio is 97.62%.

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.