90,097 Shares in Brixmor Property Group Inc. $BRX Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position in shares of Brixmor Property Group Inc. (NYSE:BRX) during the second quarter, HoldingsChannel.com reports. The firm bought 90,097 shares of the real estate investment trust’s stock, valued at approximately $2,841,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BRX. NewEdge Advisors LLC boosted its position in Brixmor Property Group by 4.6% in the 4th quarter. NewEdge Advisors LLC now owns 8,657 shares of the real estate investment trust’s stock valued at $227,000 after buying an additional 384 shares during the period. Parallel Advisors LLC raised its stake in shares of Brixmor Property Group by 17.4% in the third quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock valued at $74,000 after acquiring an additional 398 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its stake in shares of Brixmor Property Group by 4.0% in the first quarter. Fifth Third Wealth Advisors LLC now owns 10,775 shares of the real estate investment trust’s stock valued at $310,000 after acquiring an additional 413 shares in the last quarter. IFM Investors Pty Ltd raised its stake in shares of Brixmor Property Group by 0.9% in the first quarter. IFM Investors Pty Ltd now owns 50,073 shares of the real estate investment trust’s stock valued at $1,442,000 after acquiring an additional 459 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its holdings in Brixmor Property Group by 2.5% in the third quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock valued at $534,000 after purchasing an additional 465 shares during the period. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Price Performance

Brixmor Property Group stock opened at $29.95 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.76. The company has a fifty day simple moving average of $31.42 and a 200-day simple moving average of $30.17. The stock has a market cap of $9.19 billion, a P/E ratio of 21.39, a price-to-earnings-growth ratio of 2.27 and a beta of 0.98. Brixmor Property Group Inc. has a 12-month low of $24.66 and a 12-month high of $32.86.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.34). The business had revenue of $354.20 million for the quarter, compared to analysts’ expectations of $354.39 million. Brixmor Property Group had a return on equity of 14.38% and a net margin of 30.82%.The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the firm earned $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. Equities analysts expect that Brixmor Property Group Inc. will post 2.36 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be paid a $0.3075 dividend. This represents a $1.23 annualized dividend and a yield of 4.1%. The ex-dividend date is Friday, October 2nd. Brixmor Property Group’s dividend payout ratio is currently 87.86%.

Analysts Set New Price Targets

Several research analysts recently commented on BRX shares. Evercore raised Brixmor Property Group to a “strong-buy” rating in a research note on Wednesday, April 29th. BMO Capital Markets increased their price target on Brixmor Property Group from $35.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, June 15th. Piper Sandler lifted their price objective on Brixmor Property Group from $34.00 to $40.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a research report on Friday, July 31st. Finally, KeyCorp upped their target price on shares of Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Brixmor Property Group has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

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.