Arbejdsmarkedets Tillaegspension Sells 44,458 Shares of Brixmor Property Group Inc. $BRX

Arbejdsmarkedets Tillaegspension reduced its stake in Brixmor Property Group Inc. (NYSE:BRX) by 4.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 882,193 shares of the real estate investment trust’s stock after selling 44,458 shares during the period. Arbejdsmarkedets Tillaegspension’s holdings in Brixmor Property Group were worth $25,407,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Brixmor Property Group by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 44,986,376 shares of the real estate investment trust’s stock valued at $1,179,543,000 after buying an additional 198,567 shares in the last quarter. State Street Corp lifted its holdings in shares of Brixmor Property Group by 0.5% in the second quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock worth $408,813,000 after buying an additional 81,497 shares in the last quarter. Centersquare Investment Management LLC lifted its holdings in shares of Brixmor Property Group by 22.5% in the fourth quarter. Centersquare Investment Management LLC now owns 12,384,526 shares of the real estate investment trust’s stock worth $324,722,000 after buying an additional 2,275,242 shares in the last quarter. Invesco Ltd. boosted its position in shares of Brixmor Property Group by 6.8% in the third quarter. Invesco Ltd. now owns 8,036,728 shares of the real estate investment trust’s stock valued at $222,457,000 after acquiring an additional 511,976 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of Brixmor Property Group by 49.6% in the third quarter. Wellington Management Group LLP now owns 6,395,999 shares of the real estate investment trust’s stock valued at $177,041,000 after acquiring an additional 2,119,890 shares during the period. Institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Trading Up 0.0%

NYSE BRX opened at $31.04 on Monday. The stock has a market cap of $9.53 billion, a PE ratio of 21.56, a PEG ratio of 2.60 and a beta of 0.98. Brixmor Property Group Inc. has a 12 month low of $24.66 and a 12 month high of $32.80. The company’s 50-day moving average price is $30.88 and its 200-day moving average price is $29.30. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81.

Brixmor Property Group (NYSE:BRX) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.16. The company had revenue of $354.82 million for the quarter, compared to analyst estimates of $349.43 million. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.56 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. Equities research analysts forecast that Brixmor Property Group Inc. will post 2.36 earnings per share for the current year.

Brixmor Property Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd will be issued a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is presently 85.42%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on BRX. Evercore raised Brixmor Property Group to a “strong-buy” rating in a research note on Wednesday, April 29th. KeyCorp upped their price objective on shares of Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. UBS Group raised their price objective on Brixmor Property Group from $34.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday. Scotiabank lifted their price target on Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, March 24th. Finally, Wells Fargo & Company boosted their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $33.25.

Brixmor Property Group 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.