Handelsbanken Fonder AB Has $2.94 Million Stock Position in Brixmor Property Group Inc. $BRX

Handelsbanken Fonder AB grew its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 24.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,204 shares of the real estate investment trust’s stock after buying an additional 21,104 shares during the period. Handelsbanken Fonder AB’s holdings in Brixmor Property Group were worth $2,940,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on BRX. UBS Group lifted 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. Scotiabank reduced their target price on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a report on Wednesday, January 14th. JPMorgan Chase & Co. lifted 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Finally, Piper Sandler upped their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $30.70.

Insider Buying and Selling at Brixmor Property Group

In other news, Director Julie Bowerman sold 8,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 18,400 shares of the company’s stock, valued at $534,152. This represents a 30.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.75% of the stock is owned by insiders.

Brixmor Property Group Stock Performance

Shares of Brixmor Property Group stock opened at $30.61 on Wednesday. The company has a market cap of $9.38 billion, a P/E ratio of 24.29, a PEG ratio of 2.76 and a beta of 1.06. The business has a 50-day moving average price of $27.48 and a two-hundred day moving average price of $27.07. 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 1-year low of $22.28 and a 1-year high of $30.70.

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

Brixmor Property Group Announces Dividend

The company also recently announced 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. This represents a $1.23 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, April 2nd. Brixmor Property Group’s payout ratio is presently 97.62%.

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.