Metis Global Partners LLC Has $1.91 Million Stock Position in Brixmor Property Group Inc. $BRX

Metis Global Partners LLC raised its stake in Brixmor Property Group Inc. (NYSE:BRX) by 36.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,992 shares of the real estate investment trust’s stock after acquiring an additional 18,316 shares during the quarter. Metis Global Partners LLC’s holdings in Brixmor Property Group were worth $1,910,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Mather Group LLC. acquired a new position in shares of Brixmor Property Group during the third quarter worth approximately $28,000. Quent Capital LLC bought a new position in Brixmor Property Group in the 3rd quarter worth approximately $35,000. EverSource Wealth Advisors LLC lifted its holdings in 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 buying an additional 557 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in Brixmor Property Group by 62.4% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,395 shares of the real estate investment trust’s stock valued at $66,000 after buying an additional 920 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its stake in shares of Brixmor Property Group by 523.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,917 shares of the real estate investment trust’s stock valued at $81,000 after buying an additional 2,449 shares during the period. 98.43% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Julie Bowerman sold 8,000 shares of the firm’s 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 sale, the director directly owned 18,400 shares in the company, valued at $534,152. This trade represents a 30.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.75% of the company’s stock.

Analysts Set New Price Targets

BRX has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. Wells Fargo & Company initiated coverage on shares of Brixmor Property Group in a research report on Tuesday, October 21st. They set an “equal weight” rating and a $28.00 target price on the stock. Scotiabank lowered their price target on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 14th. UBS Group increased their price objective on shares of Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Finally, JPMorgan Chase & Co. increased their price target on Brixmor Property Group from $29.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $30.00.

Brixmor Property Group Trading Up 0.8%

Shares of NYSE BRX opened at $29.27 on Monday. Brixmor Property Group Inc. has a twelve month low of $22.28 and a twelve month high of $29.42. The stock has a market cap of $8.97 billion, a price-to-earnings ratio of 23.23, a P/E/G ratio of 2.60 and a beta of 1.10. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.83. The company’s fifty day moving average is $26.46 and its 200-day moving average is $26.76.

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

Brixmor Property Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be issued a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Thursday, April 2nd. Brixmor Property Group’s payout ratio is 97.62%.

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.