Captrust Financial Advisors Acquires 224,637 Shares of Brixmor Property Group Inc. $BRX

Captrust Financial Advisors lifted its stake in Brixmor Property Group Inc. (NYSE:BRX) by 6.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,567,636 shares of the real estate investment trust’s stock after acquiring an additional 224,637 shares during the period. Captrust Financial Advisors owned approximately 1.17% of Brixmor Property Group worth $98,752,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Mather Group LLC. purchased a new stake in Brixmor Property Group during the 3rd quarter worth about $28,000. Quent Capital LLC bought a new stake in shares of Brixmor Property Group during the third quarter valued at about $35,000. EverSource Wealth Advisors LLC increased its position in shares of Brixmor Property Group by 43.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 557 shares during the period. Avalon Trust Co purchased a new stake in shares of Brixmor Property Group in the third quarter worth about $62,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Brixmor Property Group by 62.4% in the third quarter. Smartleaf Asset Management LLC now owns 2,395 shares of the real estate investment trust’s stock worth $66,000 after buying an additional 920 shares in the last quarter. 98.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on BRX. JPMorgan Chase & Co. boosted their price objective on shares of Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. UBS Group boosted their price target on shares of Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Truist Financial upped their price target on shares of Brixmor Property Group from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Finally, Piper Sandler lifted their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $30.82.

Brixmor Property Group Stock Down 0.7%

Shares of NYSE BRX opened at $29.76 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.83. The business has a 50-day moving average of $28.23 and a 200-day moving average of $27.25. The firm has a market capitalization of $9.13 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 2.69 and a beta of 1.06. 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 announced its earnings results 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 net margin of 28.16% and a return on equity of 13.00%. Brixmor Property Group’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.53 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Sell-side analysts expect that Brixmor Property Group Inc. will post 2.22 earnings per share for the current fiscal year.

Brixmor Property Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.3075 per share. 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 presently 97.62%.

Insider Transactions at Brixmor Property Group

In other news, Director Julie Bowerman sold 8,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the transaction, the director directly owned 18,400 shares in the company, valued at approximately $534,152. This represents a 30.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.75% of the stock is currently owned by company 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.