Aew Capital Management L P Acquires 1,241,326 Shares of Brixmor Property Group Inc. $BRX

Aew Capital Management L P increased its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 75.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,882,414 shares of the real estate investment trust’s stock after purchasing an additional 1,241,326 shares during the period. Brixmor Property Group makes up 4.4% of Aew Capital Management L P’s investment portfolio, making the stock its 11th biggest holding. Aew Capital Management L P owned 0.94% of Brixmor Property Group worth $79,785,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of BRX. State Street Corp lifted its position 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 during the last quarter. Franklin Resources Inc. increased its holdings in shares of Brixmor Property Group by 10.1% during the 2nd quarter. Franklin Resources Inc. now owns 12,186,177 shares of the real estate investment trust’s stock valued at $317,328,000 after acquiring an additional 1,115,148 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Brixmor Property Group by 3.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 8,219,666 shares of the real estate investment trust’s stock valued at $214,040,000 after acquiring an additional 272,616 shares in the last quarter. Invesco Ltd. lifted its holdings in Brixmor Property Group by 16.3% in the 2nd quarter. Invesco Ltd. now owns 7,524,752 shares of the real estate investment trust’s stock worth $195,945,000 after purchasing an additional 1,056,827 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Brixmor Property Group by 0.9% during the second quarter. Geode Capital Management LLC now owns 6,021,693 shares of the real estate investment trust’s stock worth $156,829,000 after purchasing an additional 52,389 shares during the period. 98.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BRX has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Piper Sandler upped their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. UBS Group lifted their target price on shares of Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. boosted their target price on shares of Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Finally, Scotiabank lowered their price target on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, January 14th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $30.70.

Insiders Place Their Bets

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of Brixmor Property Group stock in a transaction 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 sale, the director owned 18,400 shares in the company, valued at $534,152. The trade was a 30.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.75% of the stock is owned by corporate insiders.

Brixmor Property Group Stock Performance

NYSE:BRX opened at $29.81 on Wednesday. The firm’s 50-day moving average is $27.03 and its 200-day moving average is $26.93. The company has a market cap of $9.14 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 2.68 and a beta of 1.10. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.11 and a current ratio of 1.11. Brixmor Property Group Inc. has a 52-week low of $22.28 and a 52-week high of $29.97.

Brixmor Property Group (NYSE:BRX) last released its earnings results on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.The business had revenue of $353.75 million for the quarter, compared to the consensus estimate of $347.42 million. During the same period last year, the business earned $0.53 earnings per share. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Equities research analysts anticipate that Brixmor Property Group Inc. will post 2.22 earnings per share for the current year.

Brixmor Property Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be given a $0.3075 dividend. This represents a $1.23 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is 97.62%.

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.