Jupiter Topco LLC Purchases Shares of 134,026 Brixmor Property Group Inc. $BRX

Jupiter Topco LLC purchased a new position in shares of Brixmor Property Group Inc. (NYSE:BRX) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 134,026 shares of the real estate investment trust’s stock, valued at approximately $4,228,000.

A number of other institutional investors have also modified their holdings of the stock. Clearstead Advisors LLC lifted its holdings in shares of Brixmor Property Group by 96.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 495 shares during the period. Cassaday & Co Wealth Management LLC acquired a new stake in Brixmor Property Group during the first quarter worth about $26,000. Jones Financial Companies Lllp acquired a new stake in Brixmor Property Group during the second quarter worth about $29,000. Allworth Financial LP purchased a new position in Brixmor Property Group during the second quarter valued at approximately $29,000. Finally, Loomis Sayles & Co. L P raised its position in 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 valued at $32,000 after acquiring an additional 1,130 shares in the last quarter. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on BRX shares. Jefferies Financial Group upgraded Brixmor Property Group to a “strong-buy” rating in a research report on Friday, June 26th. Citigroup lifted their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Wells Fargo & Company upgraded shares of Brixmor Property Group to a “hold” rating in a research note on Thursday, July 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a report on Friday, July 31st. Finally, BMO Capital Markets raised their price target on shares of Brixmor Property Group from $35.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, June 15th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $34.33.

Brixmor Property Group Stock Performance

NYSE BRX opened at $29.27 on Wednesday. The stock has a market capitalization of $8.98 billion, a price-to-earnings ratio of 20.91, a PEG ratio of 2.19 and a beta of 0.98. Brixmor Property Group Inc. has a twelve month low of $24.66 and a twelve month high of $32.86. 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 stock has a 50-day moving average of $30.90 and a 200 day moving average of $30.37.

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

Brixmor Property Group Announces Dividend

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

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.