American Century Companies Inc. Grows Position in Brixmor Property Group Inc. $BRX

American Century Companies Inc. lifted its position in shares of Brixmor Property Group Inc. (NYSE:BRX) by 45.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,245,577 shares of the real estate investment trust’s stock after purchasing an additional 387,223 shares during the quarter. American Century Companies Inc. owned 0.41% of Brixmor Property Group worth $34,478,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Park Avenue Securities LLC boosted its holdings in Brixmor Property Group by 1.3% during the third quarter. Park Avenue Securities LLC now owns 36,195 shares of the real estate investment trust’s stock worth $1,002,000 after buying an additional 478 shares in the last quarter. GAMMA Investing LLC increased its holdings in Brixmor Property Group by 7.4% in the third quarter. GAMMA Investing LLC now owns 7,003 shares of the real estate investment trust’s stock valued at $194,000 after buying an additional 485 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in shares of Brixmor Property Group by 16.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 3,510 shares of the real estate investment trust’s stock worth $91,000 after acquiring an additional 503 shares during the period. ProShare Advisors LLC raised its position in shares of Brixmor Property Group by 4.2% in the second quarter. ProShare Advisors LLC now owns 13,571 shares of the real estate investment trust’s stock worth $353,000 after acquiring an additional 542 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Brixmor Property Group by 43.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 557 shares in the last quarter. 98.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Julie Bowerman sold 8,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $29.03, for a total transaction of $232,240.00. Following the completion of the sale, the director directly owned 18,400 shares in the company, valued at approximately $534,152. The trade was a 30.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.75% of the stock is owned by corporate insiders.

Brixmor Property Group Stock Down 0.4%

Shares of NYSE BRX opened at $30.08 on Friday. The firm has a market cap of $9.22 billion, a price-to-earnings ratio of 23.87, a price-to-earnings-growth ratio of 2.70 and a beta of 1.06. The company’s 50-day simple moving average is $27.72 and its 200-day simple moving average is $27.14. 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 52-week low of $22.28 and a 52-week high of $30.70.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. Brixmor Property Group had a net margin of 28.16% and a return on equity of 13.00%. The firm had revenue of $353.75 million during the quarter, compared to the consensus estimate of $347.42 million. During the same quarter in the prior year, the firm earned $0.53 EPS. The company’s revenue for the quarter 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 predict that Brixmor Property Group Inc. will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The company also recently announced 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 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is 97.62%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. raised their target price on Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Scotiabank dropped their price objective 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. Truist Financial boosted their price objective on Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday. Finally, UBS Group upped their target price on Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $30.82.

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.