Dimensional Fund Advisors LP Grows Position in Brixmor Property Group Inc. $BRX

Dimensional Fund Advisors LP raised its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 1.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 4,657,809 shares of the real estate investment trust’s stock after purchasing an additional 75,679 shares during the period. Dimensional Fund Advisors LP owned 1.52% of Brixmor Property Group worth $128,926,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BRX. Picton Mahoney Asset Management purchased a new position in shares of Brixmor Property Group during the 3rd quarter valued at about $854,000. CI Investments Inc. increased its holdings in Brixmor Property Group by 8.6% in the 3rd quarter. CI Investments Inc. now owns 3,545,563 shares of the real estate investment trust’s stock worth $98,141,000 after acquiring an additional 281,306 shares in the last quarter. Elo Mutual Pension Insurance Co raised its stake in Brixmor Property Group by 194.8% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 58,402 shares of the real estate investment trust’s stock worth $1,617,000 after acquiring an additional 38,590 shares during the period. APG Asset Management US Inc. lifted its holdings in Brixmor Property Group by 22.8% during the third quarter. APG Asset Management US Inc. now owns 1,405,763 shares of the real estate investment trust’s stock valued at $38,448,000 after purchasing an additional 261,364 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in Brixmor Property Group by 45.1% during the third quarter. American Century Companies Inc. now owns 1,245,577 shares of the real estate investment trust’s stock valued at $34,478,000 after purchasing an additional 387,223 shares in the last quarter. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BRX. Scotiabank reduced their price objective on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a research note on Wednesday, January 14th. JPMorgan Chase & Co. upped their target price on shares of Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. UBS Group increased their price target 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. Piper Sandler raised their price target on Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.82.

Brixmor Property Group Trading Down 0.0%

BRX opened at $29.89 on Thursday. The stock has a 50-day moving average of $27.93 and a 200 day moving average of $27.20. The company has a current ratio of 1.11, a quick 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. The firm has a market cap of $9.16 billion, a P/E ratio of 23.72, a P/E/G ratio of 2.69 and a beta of 1.06.

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

Brixmor Property Group Announces Dividend

The business also recently declared 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. The ex-dividend date is Thursday, April 2nd. This represents a $1.23 dividend on an annualized basis and a yield of 4.1%. Brixmor Property Group’s dividend payout ratio (DPR) is currently 97.62%.

Insider Buying and Selling

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 completion of the transaction, the director directly owned 18,400 shares of the company’s stock, 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 through this hyperlink. 0.75% of the stock is owned by insiders.

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.