Bayhunt Capital LLC Takes $14.79 Million Position in Brixmor Property Group Inc. $BRX

Bayhunt Capital LLC bought a new stake in Brixmor Property Group Inc. (NYSE:BRX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 564,195 shares of the real estate investment trust’s stock, valued at approximately $14,793,000. Brixmor Property Group accounts for 8.2% of Bayhunt Capital LLC’s investment portfolio, making the stock its 3rd biggest holding. Bayhunt Capital LLC owned approximately 0.18% of Brixmor Property Group as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp lifted its stake in shares of Brixmor Property Group by 0.5% in the 2nd quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock valued at $408,813,000 after purchasing an additional 81,497 shares during the period. Franklin Resources Inc. raised its stake in Brixmor Property Group by 0.4% during the third quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock valued at $338,747,000 after buying an additional 51,778 shares during the last quarter. Invesco Ltd. grew its stake in shares of Brixmor Property Group by 6.8% in the third quarter. Invesco Ltd. now owns 8,036,728 shares of the real estate investment trust’s stock worth $222,457,000 after acquiring an additional 511,976 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Brixmor Property Group by 49.6% during the third quarter. Wellington Management Group LLP now owns 6,395,999 shares of the real estate investment trust’s stock valued at $177,041,000 after acquiring an additional 2,119,890 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Brixmor Property Group by 3.9% during the third quarter. Northern Trust Corp now owns 5,429,154 shares of the real estate investment trust’s stock valued at $150,279,000 after acquiring an additional 204,219 shares in the last quarter. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. 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 research note on Thursday, March 5th. Scotiabank raised 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 research note on Tuesday, March 24th. Wells Fargo & Company raised their price objective on shares of Brixmor Property Group from $28.00 to $32.00 and gave the company an “equal weight” rating in a research note on Thursday, March 19th. UBS Group raised their price objective on shares of Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. raised 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. 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 stock has an average rating of “Moderate Buy” and a consensus price target of $31.55.

Brixmor Property Group Stock Up 0.4%

Brixmor Property Group stock opened at $29.70 on Friday. The stock has a market cap of $9.11 billion, a PE ratio of 23.57, a price-to-earnings-growth ratio of 2.67 and a beta of 1.06. 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 one year low of $23.38 and a one year high of $30.70. The stock has a fifty day moving average of $29.22 and a 200 day moving average of $27.39.

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

Brixmor Property Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be given a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio is 97.62%.

Insider Buying and Selling

In related news, Director Julie Bowerman sold 8,000 shares of the company’s stock in a transaction 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 owned 18,400 shares in the company, valued at approximately $534,152. This represents a 30.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.91% of the company’s stock.

Brixmor Property Group Company 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.