Hsbc Holdings PLC Has $21.57 Million Holdings in Brixmor Property Group Inc. $BRX

Hsbc Holdings PLC grew its position in shares of Brixmor Property Group Inc. (NYSE:BRX) by 77.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 823,232 shares of the real estate investment trust’s stock after buying an additional 359,006 shares during the quarter. Hsbc Holdings PLC’s holdings in Brixmor Property Group were worth $21,575,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Brixmor Property Group by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 44,986,376 shares of the real estate investment trust’s stock valued at $1,179,543,000 after acquiring an additional 198,567 shares during the last quarter. State Street Corp raised its position in Brixmor Property Group by 0.5% in the 2nd quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock valued at $408,813,000 after purchasing an additional 81,497 shares during the last quarter. Centersquare Investment Management LLC raised its position in Brixmor Property Group by 22.5% in the 4th quarter. Centersquare Investment Management LLC now owns 12,384,526 shares of the real estate investment trust’s stock valued at $324,722,000 after purchasing an additional 2,275,242 shares during the last quarter. Franklin Resources Inc. boosted its stake in 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 worth $338,747,000 after purchasing an additional 51,778 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in 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 worth $222,457,000 after purchasing an additional 511,976 shares in the last quarter. Institutional investors and hedge funds own 98.43% of the company’s stock.

Wall Street Analysts Forecast Growth

BRX has been the subject of a number of research reports. KeyCorp raised their target price on Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. BMO Capital Markets upped their price target on shares of Brixmor Property Group from $35.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Scotiabank increased their price objective on shares of Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a report on Tuesday, March 24th. Weiss Ratings restated a “buy (b)” rating on shares of Brixmor Property Group in a research report on Monday, May 4th. Finally, Stifel Nicolaus boosted their target price on shares of Brixmor Property Group from $29.75 to $31.00 and gave the stock a “hold” rating in a research note on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Brixmor Property Group currently has a consensus rating of “Buy” and an average price target of $33.00.

Brixmor Property Group Price Performance

Shares of BRX stock opened at $31.34 on Wednesday. The firm has a market cap of $9.62 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 2.60 and a beta of 0.98. Brixmor Property Group Inc. has a 12 month low of $24.66 and a 12 month high of $32.80. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.81. The stock has a 50-day moving average price of $30.84 and a 200 day moving average price of $29.19.

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. The company had revenue of $354.82 million for the quarter, compared to the consensus estimate of $349.43 million. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The company’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.56 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. Research analysts expect that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Announces Dividend

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

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.