Perpetual Ltd Raises Stock Position in Brixmor Property Group Inc. $BRX

Perpetual Ltd raised its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 48.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 59,020 shares of the real estate investment trust’s stock after purchasing an additional 19,250 shares during the quarter. Perpetual Ltd’s holdings in Brixmor Property Group were worth $1,548,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Parallel Advisors LLC lifted its holdings in shares of Brixmor Property Group by 17.4% in the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock valued at $74,000 after buying an additional 398 shares during the period. Quadrant Capital Group LLC lifted its holdings in Brixmor Property Group by 2.5% in the third quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock valued at $534,000 after acquiring an additional 465 shares during the period. Park Avenue Securities LLC boosted its position in Brixmor Property Group by 1.3% in the 3rd quarter. Park Avenue Securities LLC now owns 36,195 shares of the real estate investment trust’s stock worth $1,002,000 after purchasing an additional 478 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Brixmor Property Group by 7.4% during the 3rd quarter. GAMMA Investing LLC now owns 7,003 shares of the real estate investment trust’s stock worth $194,000 after purchasing an additional 485 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of Brixmor Property Group by 16.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,510 shares of the real estate investment trust’s stock worth $91,000 after purchasing an additional 503 shares during the period. 98.43% of the stock is owned by institutional investors and hedge funds.

Brixmor Property Group Price Performance

Brixmor Property Group stock opened at $28.90 on Friday. The stock has a market capitalization of $8.87 billion, a P/E ratio of 22.94, a P/E/G ratio of 2.60 and a beta of 1.06. The company’s fifty day moving average price is $28.92 and its 200 day moving average price is $27.33. 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 1 year low of $22.28 and a 1 year high of $30.70.

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 for the quarter, topping analysts’ consensus estimates 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 company had revenue of $353.75 million during the quarter, compared to analysts’ expectations of $347.42 million. During the same period in the prior year, the business posted $0.53 earnings per share. The firm’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. As a group, equities research analysts anticipate that Brixmor Property Group Inc. will post 2.22 earnings per share 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. Investors of record on Thursday, April 2nd will be paid a $0.3075 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 dividend on an annualized basis and a yield of 4.3%. Brixmor Property Group’s dividend payout ratio (DPR) is currently 97.62%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of Brixmor Property Group from $28.00 to $32.00 and gave the stock an “equal weight” rating in a report on Thursday, March 19th. Scotiabank lifted their price objective on shares of Brixmor Property Group from $29.00 to $33.00 and gave the company a “sector outperform” rating in a report on Tuesday, March 24th. UBS Group upped their price objective on shares of Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Truist Financial increased their target price on shares of Brixmor Property Group from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, JPMorgan Chase & Co. lifted their price target on Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $31.55.

Insider Transactions at Brixmor Property Group

In related news, Director Julie Bowerman sold 8,000 shares of Brixmor Property Group 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 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.91% of the company’s stock.

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.