Brixmor Property Group Inc. $BRX Shares Bought by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co lifted its position in Brixmor Property Group Inc. (NYSE:BRX) by 194.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 58,402 shares of the real estate investment trust’s stock after buying an additional 38,590 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Brixmor Property Group were worth $1,617,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Mather Group LLC. acquired a new position in Brixmor Property Group during the third quarter worth about $28,000. Quent Capital LLC bought a new position in shares of Brixmor Property Group during the 3rd quarter valued at about $35,000. EverSource Wealth Advisors LLC grew its stake in shares of Brixmor Property Group by 43.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 557 shares during the last quarter. Avalon Trust Co bought a new stake in shares of Brixmor Property Group in the 3rd quarter worth approximately $62,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Brixmor Property Group by 62.4% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,395 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 920 shares in the last quarter. Institutional investors and hedge funds own 98.43% of the company’s stock.

Brixmor Property Group Price Performance

BRX opened at $30.61 on Thursday. The firm has a market capitalization of $9.38 billion, a P/E ratio of 24.29, a PEG ratio of 2.76 and a beta of 1.06. The stock has a fifty day moving average of $27.56 and a 200-day moving average of $27.10. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.83. Brixmor Property Group Inc. has a 12-month low of $22.28 and a 12-month high of $30.70.

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. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.The firm had revenue of $353.75 million for the quarter, compared to analyst estimates of $347.42 million. During the same period in the previous year, the firm earned $0.53 earnings per share. Brixmor Property Group’s quarterly revenue was up 7.7% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Equities analysts forecast that Brixmor Property Group Inc. will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be given 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 of this dividend is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio is 97.62%.

Insider Activity at Brixmor Property Group

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the sale, the director owned 18,400 shares in the company, valued at $534,152. This represents a 30.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.75% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on BRX shares. JPMorgan Chase & Co. lifted their price target 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. Scotiabank decreased their target price on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. UBS Group increased their price target on Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Finally, Piper Sandler lifted their price target on Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $30.70.

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.