SG Americas Securities LLC Has $54.87 Million Stock Position in Brixmor Property Group Inc. $BRX

SG Americas Securities LLC grew its position in Brixmor Property Group Inc. (NYSE:BRX) by 69.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,905,232 shares of the real estate investment trust’s stock after acquiring an additional 779,598 shares during the quarter. SG Americas Securities LLC owned 0.62% of Brixmor Property Group worth $54,871,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Clearstead Advisors LLC raised its stake in shares of Brixmor Property Group by 96.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 495 shares in the last quarter. Loomis Sayles & Co. L P boosted its stake in Brixmor Property Group by 1,215.1% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 1,130 shares in the last quarter. SHP Wealth Management acquired a new stake in Brixmor Property Group during the fourth quarter worth $34,000. Atlantic Edge Private Wealth Management LLC bought a new stake in Brixmor Property Group in the 4th quarter valued at $42,000. Finally, Prosperity Bancshares Inc bought a new stake in Brixmor Property Group in the 4th quarter valued at $43,000. Institutional investors and hedge funds own 98.43% of the company’s stock.

Analyst Ratings Changes

BRX has been the subject of a number of analyst reports. UBS Group raised their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Evercore raised shares of Brixmor Property Group to a “strong-buy” rating in a research note on Wednesday, April 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a research report on Monday, May 4th. Truist Financial raised their price target on shares of Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Finally, Wells Fargo & Company raised their price target on shares of Brixmor Property Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Brixmor Property Group presently has an average rating of “Moderate Buy” and an average target price of $33.00.

Brixmor Property Group Stock Performance

Brixmor Property Group stock opened at $31.14 on Tuesday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.31 and a quick ratio of 1.31. The stock has a fifty day moving average price of $30.55 and a two-hundred day moving average price of $28.71. Brixmor Property Group Inc. has a 52-week low of $24.66 and a 52-week high of $32.80. The firm has a market capitalization of $9.56 billion, a P/E ratio of 21.63, a P/E/G ratio of 2.59 and a beta of 0.98.

Brixmor Property Group (NYSE:BRX) last issued its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 EPS for the quarter, beating the consensus estimate 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 quarter in the previous year, the company earned $0.56 EPS. The firm’s revenue for the quarter 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. As a group, analysts anticipate that Brixmor Property Group Inc. will post 2.36 EPS for the current fiscal year.

Brixmor Property Group Dividend Announcement

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

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.