SG Americas Securities LLC Raises Stake in Brixmor Property Group Inc. $BRX

SG Americas Securities LLC increased its holdings in Brixmor Property Group Inc. (NYSE:BRXFree Report) by 2,455.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,125,634 shares of the real estate investment trust’s stock after buying an additional 1,081,590 shares during the quarter. SG Americas Securities LLC owned about 0.37% of Brixmor Property Group worth $29,514,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Sagespring Wealth Partners LLC purchased a new stake in shares of Brixmor Property Group in the 4th quarter valued at $278,000. Park Avenue Securities LLC raised its holdings in shares of Brixmor Property Group by 5.6% during the fourth quarter. Park Avenue Securities LLC now owns 38,239 shares of the real estate investment trust’s stock worth $1,003,000 after purchasing an additional 2,044 shares during the last quarter. Tudor Investment Corp ET AL raised its holdings in shares of Brixmor Property Group by 489.7% during the third quarter. Tudor Investment Corp ET AL now owns 139,526 shares of the real estate investment trust’s stock worth $3,862,000 after purchasing an additional 115,866 shares during the last quarter. Davis Selected Advisers lifted its position in Brixmor Property Group by 14.4% during the third quarter. Davis Selected Advisers now owns 570,000 shares of the real estate investment trust’s stock valued at $15,778,000 after purchasing an additional 71,610 shares during the period. Finally, Swiss Life Asset Management Ltd lifted its position in Brixmor Property Group by 73.0% during the third quarter. Swiss Life Asset Management Ltd now owns 13,959 shares of the real estate investment trust’s stock valued at $386,000 after purchasing an additional 5,892 shares during the period. 98.43% of the stock is owned by hedge funds and other institutional investors.

Brixmor Property Group Stock Performance

BRX opened at $28.63 on Friday. The firm has a fifty day moving average price of $28.66 and a 200 day moving average price of $27.30. Brixmor Property Group Inc. has a 1 year low of $22.28 and a 1 year high of $30.70. The stock has a market cap of $8.78 billion, a P/E ratio of 22.72, a P/E/G ratio of 2.58 and a beta of 1.06. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.11 and a quick ratio of 1.11.

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

Brixmor Property Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be given a dividend of $0.3075 per share. The ex-dividend date is Thursday, April 2nd. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.3%. Brixmor Property Group’s dividend payout ratio (DPR) is 97.62%.

Insider Buying and Selling at Brixmor Property Group

In related news, Director Julie Bowerman sold 8,000 shares of Brixmor Property Group stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the transaction, the director owned 18,400 shares in the company, valued at $534,152. The trade was a 30.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.91% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on BRX shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Truist Financial boosted their price objective on Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Piper Sandler upped their target price on Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Scotiabank raised their target price on Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a report on Tuesday. Finally, UBS Group raised their target price on Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $31.55.

Check Out Our Latest Analysis on BRX

About Brixmor Property Group

(Free Report)

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.

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Institutional Ownership by Quarter for Brixmor Property Group (NYSE:BRX)

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