Daiwa Securities Group Inc. Sells 292,115 Shares of Brixmor Property Group Inc. $BRX

Daiwa Securities Group Inc. lowered its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 71.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 116,751 shares of the real estate investment trust’s stock after selling 292,115 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Brixmor Property Group were worth $3,061,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Clearstead Advisors LLC grew its holdings in Brixmor Property Group by 96.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 495 shares during the last quarter. Atlantic Edge Private Wealth Management LLC bought a new stake in Brixmor Property Group during the 4th quarter worth about $42,000. Bayforest Capital Ltd bought a new stake in Brixmor Property Group during the 4th quarter worth about $44,000. EverSource Wealth Advisors LLC grew 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 acquiring an additional 557 shares during the last quarter. Finally, Avalon Trust Co bought a new stake in Brixmor Property Group during the 3rd quarter worth about $62,000. Institutional investors own 98.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Wells Fargo & Company increased their price objective on shares of Brixmor Property Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 26th. Scotiabank upped 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 research report on Tuesday, March 24th. JPMorgan Chase & Co. upped their target price on shares of Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Piper Sandler upped their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Finally, KeyCorp upped their target price on shares of Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $32.64.

Brixmor Property Group Stock Performance

Brixmor Property Group stock opened at $31.84 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81. Brixmor Property Group Inc. has a 1 year low of $24.66 and a 1 year high of $31.91. The company has a market cap of $9.77 billion, a PE ratio of 22.11, a PEG ratio of 2.56 and a beta of 0.98. The company’s 50-day moving average is $30.09 and its two-hundred day moving average is $28.36.

Brixmor Property Group (NYSE:BRX) last released its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.16. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The company had revenue of $354.82 million for the quarter, compared to the consensus estimate of $349.43 million. During the same period in the prior year, the company posted $0.56 EPS. The company’s revenue was up 5.1% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. Equities analysts anticipate that Brixmor Property Group Inc. will post 2.36 earnings per share for the current year.

Brixmor Property Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, July 2nd will be given a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is currently 85.42%.

About Brixmor Property Group

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.