UMB Bank n.a. Has $90,000 Stock Holdings in Brixmor Property Group Inc. $BRX

UMB Bank n.a. boosted its position in shares of Brixmor Property Group Inc. (NYSE:BRX) by 26.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,443 shares of the real estate investment trust’s stock after purchasing an additional 722 shares during the period. UMB Bank n.a.’s holdings in Brixmor Property Group were worth $90,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its holdings in shares of Brixmor Property Group by 53.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 1,436 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 498 shares during the last quarter. Brooklyn Investment Group increased its holdings in Brixmor Property Group by 146.4% in the first quarter. Brooklyn Investment Group now owns 1,604 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 953 shares during the last quarter. SVB Wealth LLC bought a new position in Brixmor Property Group during the first quarter valued at approximately $44,000. Blue Trust Inc. lifted its stake in Brixmor Property Group by 54.4% in the first quarter. Blue Trust Inc. now owns 2,012 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 709 shares during the last quarter. Finally, Avalon Trust Co bought a new stake in Brixmor Property Group in the first quarter worth approximately $59,000. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Trading Down 0.8%

Brixmor Property Group stock opened at $27.30 on Thursday. Brixmor Property Group Inc. has a 52 week low of $22.28 and a 52 week high of $30.67. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $8.36 billion, a PE ratio of 24.82, a PEG ratio of 2.61 and a beta of 1.32. The business’s 50-day simple moving average is $26.97 and its 200-day simple moving average is $26.02.

Brixmor Property Group (NYSE:BRX) last released its earnings results on Monday, July 28th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The firm had revenue of $339.40 million for the quarter, compared to analyst estimates of $332.59 million. Brixmor Property Group had a return on equity of 11.39% and a net margin of 25.27%.The company’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.54 EPS. Brixmor Property Group has set its FY 2025 guidance at 2.220-2.250 EPS. Equities research analysts forecast that Brixmor Property Group Inc. will post 2.22 earnings per share for the current year.

Brixmor Property Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Thursday, October 2nd will be paid a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 4.2%. The ex-dividend date is Thursday, October 2nd. Brixmor Property Group’s dividend payout ratio is presently 104.55%.

Insiders Place Their Bets

In other Brixmor Property Group news, insider Steven F. Siegel sold 25,000 shares of the firm’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $28.21, for a total value of $705,250.00. Following the sale, the insider directly owned 302,657 shares in the company, valued at $8,537,953.97. This trade represents a 7.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.75% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Mizuho raised their price target on shares of Brixmor Property Group from $29.00 to $30.00 and gave the company an “outperform” rating in a report on Wednesday, August 20th. Evercore ISI raised their target price on Brixmor Property Group from $31.00 to $32.00 and gave the company an “outperform” rating in a report on Monday, September 15th. UBS Group assumed coverage on Brixmor Property Group in a research note on Friday, May 30th. They issued a “buy” rating and a $29.00 price objective on the stock. Scotiabank upped their target price on Brixmor Property Group from $30.00 to $31.00 and gave the stock a “sector outperform” rating in a research report on Monday, September 15th. Finally, LADENBURG THALM/SH SH assumed coverage on Brixmor Property Group in a report on Tuesday, September 9th. They set a “buy” rating and a $32.00 price target on the stock. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $30.75.

Brixmor Property Group Company Profile

Brixmor Property Group, Inc operates as a real estate investment trust, which engages in owning and operating a portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.