Brixmor Property Group Inc. (NYSE:BRX) Stock Holdings Decreased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 159,562 shares of the real estate investment trust’s stock after selling 3,301 shares during the period. Mutual of America Capital Management LLC owned about 0.05% of Brixmor Property Group worth $4,442,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Creative Planning lifted its holdings in Brixmor Property Group by 6.0% during the 3rd quarter. Creative Planning now owns 15,491 shares of the real estate investment trust’s stock worth $432,000 after buying an additional 876 shares during the last quarter. Raymond James & Associates lifted its stake in Brixmor Property Group by 633.0% during the third quarter. Raymond James & Associates now owns 97,728 shares of the real estate investment trust’s stock worth $2,723,000 after purchasing an additional 84,395 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Brixmor Property Group by 38.8% in the third quarter. Farther Finance Advisors LLC now owns 5,572 shares of the real estate investment trust’s stock worth $155,000 after purchasing an additional 1,557 shares during the period. Van ECK Associates Corp boosted its holdings in Brixmor Property Group by 12.2% in the third quarter. Van ECK Associates Corp now owns 135,479 shares of the real estate investment trust’s stock worth $3,784,000 after purchasing an additional 14,715 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its stake in Brixmor Property Group by 12.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 217,179 shares of the real estate investment trust’s stock valued at $6,051,000 after purchasing an additional 24,022 shares during the last quarter. Institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Price Performance

Shares of BRX opened at $27.34 on Wednesday. Brixmor Property Group Inc. has a one year low of $20.80 and a one year high of $30.67. The stock’s fifty day moving average is $26.92 and its 200-day moving average is $27.67. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.16 and a current ratio of 1.16. The firm has a market capitalization of $8.36 billion, a price-to-earnings ratio of 24.63, a price-to-earnings-growth ratio of 2.66 and a beta of 1.58.

Brixmor Property Group (NYSE:BRX) last released its earnings results on Monday, February 10th. The real estate investment trust reported $0.53 EPS for the quarter, beating the consensus estimate of $0.22 by $0.31. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. Equities analysts anticipate that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Wednesday, April 2nd will be issued a dividend of $0.2875 per share. This is a boost from Brixmor Property Group’s previous quarterly dividend of $0.29. The ex-dividend date is Wednesday, April 2nd. This represents a $1.15 annualized dividend and a yield of 4.21%. Brixmor Property Group’s payout ratio is presently 103.60%.

Analyst Ratings Changes

BRX has been the subject of several research reports. BMO Capital Markets raised shares of Brixmor Property Group from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $30.00 to $33.00 in a report on Friday, December 6th. Mizuho cut their target price on shares of Brixmor Property Group from $31.00 to $29.00 and set a “neutral” rating on the stock in a report on Tuesday, February 25th. KeyCorp upped their target price on Brixmor Property Group from $28.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. Wells Fargo & Company dropped their price target on Brixmor Property Group from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 29th. Finally, Stifel Nicolaus reduced their price objective on Brixmor Property Group from $31.75 to $31.25 and set a “hold” rating for the company in a research report on Tuesday, February 11th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $30.56.

About Brixmor Property Group

Brixmor Property Group, Inc operates as a real estate investment trust, which engages in owning and operating a portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.