Hsbc Holdings PLC Buys 359,006 Shares of Brixmor Property Group Inc. $BRX

Hsbc Holdings PLC lifted its stake in Brixmor Property Group Inc. (NYSE:BRX) by 77.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 823,232 shares of the real estate investment trust’s stock after buying an additional 359,006 shares during the quarter. Hsbc Holdings PLC owned approximately 0.27% of Brixmor Property Group worth $21,575,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Clearstead Advisors LLC increased its holdings in Brixmor Property Group by 96.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 495 shares during the last quarter. Loomis Sayles & Co. L P boosted its holdings in shares of Brixmor Property Group by 1,215.1% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 1,130 shares during the last quarter. SHP Wealth Management bought a new position in shares of Brixmor Property Group during the 4th quarter valued at about $34,000. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Brixmor Property Group during the fourth quarter valued at about $42,000. Finally, Prosperity Bancshares Inc purchased a new position in shares of Brixmor Property Group during the fourth quarter valued at about $43,000. Institutional investors own 98.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. KeyCorp boosted their target price on Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Evercore upgraded Brixmor Property Group to a “strong-buy” rating in a report on Wednesday, April 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brixmor Property Group in a research note on Monday, May 4th. BMO Capital Markets upped their price objective on Brixmor Property Group from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. Finally, Scotiabank increased their target price on Brixmor Property Group from $29.00 to $33.00 and gave the company a “sector outperform” rating in a research report on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $33.00.

Brixmor Property Group Stock Performance

Brixmor Property Group stock opened at $32.00 on Thursday. The company’s 50-day moving average price is $30.64 and its 200-day moving average price is $28.80. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.81. The company has a market cap of $9.82 billion, a PE ratio of 22.22, a price-to-earnings-growth ratio of 2.67 and a beta of 0.98. Brixmor Property Group Inc. has a twelve month low of $24.66 and a twelve month high of $32.80.

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

Brixmor Property Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd will be paid a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is presently 85.42%.

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.