Brixmor Property Group Inc. $BRX Shares Acquired by Susquehanna International Group LLP

Susquehanna International Group LLP increased its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 148.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 34,160 shares of the real estate investment trust’s stock after purchasing an additional 20,385 shares during the period. Susquehanna International Group LLP’s holdings in Brixmor Property Group were worth $1,077,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clearstead Advisors LLC increased its stake in Brixmor Property Group by 96.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 495 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in shares of Brixmor Property Group in the first quarter valued at approximately $26,000. Jones Financial Companies Lllp acquired a new stake in shares of Brixmor Property Group in the second quarter worth approximately $29,000. Allworth Financial LP acquired a new stake in shares of Brixmor Property Group in the second quarter worth approximately $29,000. Finally, Loomis Sayles & Co. L P increased its position in shares of 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 purchasing an additional 1,130 shares in the last quarter. 98.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on BRX. Piper Sandler lifted their target price on shares of Brixmor Property Group from $34.00 to $40.00 and gave the stock 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 note on Friday, July 31st. KeyCorp boosted their price target on shares of Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Wells Fargo & Company raised shares of Brixmor Property Group to a “hold” rating in a research note on Thursday, July 23rd. Finally, BMO Capital Markets raised their target price on shares of Brixmor Property Group from $35.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $34.33.

Brixmor Property Group Trading Up 0.1%

Shares of BRX opened at $29.19 on Monday. Brixmor Property Group Inc. has a 12-month low of $24.66 and a 12-month high of $32.86. The firm has a market capitalization of $8.96 billion, a P/E ratio of 20.85, a P/E/G ratio of 2.21 and a beta of 0.98. The firm has a 50-day moving average price of $31.00 and a 200 day moving average price of $30.37. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.76.

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

Brixmor Property Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.3075 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.23 annualized dividend and a yield of 4.2%. Brixmor Property Group’s dividend payout ratio (DPR) is 87.86%.

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.