Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 38,770 Shares of Brixmor Property Group Inc. $BRX

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 22.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 215,244 shares of the real estate investment trust’s stock after purchasing an additional 38,770 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Brixmor Property Group were worth $6,199,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Clearstead Advisors LLC raised its stake in Brixmor Property Group by 96.9% during 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 grew its stake in shares of Brixmor Property Group by 1,215.1% in the 4th 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 purchased a new position in shares of Brixmor Property Group in the 4th quarter worth $34,000. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Brixmor Property Group in the 4th quarter worth $42,000. Finally, Prosperity Bancshares Inc bought a new stake in shares of Brixmor Property Group in the 4th quarter worth about $43,000. Institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Stock Up 0.8%

NYSE:BRX opened at $31.63 on Wednesday. Brixmor Property Group Inc. has a twelve month low of $24.66 and a twelve month high of $32.80. The company has a market cap of $9.71 billion, a price-to-earnings ratio of 21.96, a price-to-earnings-growth ratio of 2.63 and a beta of 0.98. The stock has a fifty day simple moving average of $30.94 and a 200-day simple moving average of $29.37. 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 (NYSE:BRX) last issued 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 firm had revenue of $354.82 million during the quarter, compared to analyst estimates of $349.43 million. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The business’s revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. Analysts anticipate that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Dividend Announcement

The business also recently disclosed 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. This represents a $1.23 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Thursday, July 2nd. Brixmor Property Group’s payout ratio is 85.42%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BRX. Jefferies Financial Group upgraded shares of Brixmor Property Group to a “strong-buy” rating in a research report on Friday, June 26th. Wells Fargo & Company lifted their price target on Brixmor Property Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 26th. Truist Financial boosted their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Stifel Nicolaus upped their price objective on Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a research report on Tuesday, April 28th. Finally, UBS Group raised their price objective on Brixmor Property Group from $34.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $33.25.

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.