Brixmor Property Group Inc. $BRX Shares Purchased by Peak Financial Advisors LLC

Peak Financial Advisors LLC boosted its position in Brixmor Property Group Inc. (NYSE:BRX) by 226.4% in the 4th quarter, Holdings Channel reports. The fund owned 85,552 shares of the real estate investment trust’s stock after purchasing an additional 59,340 shares during the period. Peak Financial Advisors LLC’s holdings in Brixmor Property Group were worth $2,243,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. State Street Corp lifted its stake in shares of Brixmor Property Group by 0.5% during the 2nd quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock worth $408,813,000 after purchasing an additional 81,497 shares during the period. Franklin Resources Inc. grew its position in shares of Brixmor Property Group by 0.4% in 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 purchasing an additional 51,778 shares during the period. Invesco Ltd. grew its position 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 valued at $222,457,000 after purchasing an additional 511,976 shares during the period. Wellington Management Group LLP increased its stake in Brixmor Property Group by 49.6% in 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 purchasing an additional 2,119,890 shares during the last quarter. Finally, Northern Trust Corp lifted its position in 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 worth $150,279,000 after buying an additional 204,219 shares during the period. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of Brixmor Property Group stock in a transaction that occurred 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 transaction, the director directly owned 18,400 shares of the company’s stock, valued at $534,152. The trade was a 30.30% decrease in their ownership of the stock. The sale 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 Price Performance

BRX stock opened at $28.67 on Thursday. The company has a market cap of $8.80 billion, a PE ratio of 22.75, a price-to-earnings-growth ratio of 2.58 and a beta of 1.06. 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 stock has a 50-day moving average price of $28.61 and a two-hundred day moving average price of $27.29. 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 released its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. The company 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 company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business posted $0.53 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, 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 declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be issued a $0.3075 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $1.23 annualized dividend and a yield of 4.3%. Brixmor Property Group’s dividend payout ratio (DPR) is presently 97.62%.

Wall Street Analysts Forecast Growth

BRX has been the topic of a number of research analyst reports. UBS Group raised their price target on Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Wells Fargo & Company upped 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. Weiss Ratings reissued a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Scotiabank boosted their target price 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. Finally, 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 report on Thursday, March 5th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.55.

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.