Brixmor Property Group Inc. (NYSE:BRX) Holdings Raised by Xponance Inc.

Xponance Inc. increased its position in shares of Brixmor Property Group Inc. (NYSE:BRX) by 6.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,211 shares of the real estate investment trust’s stock after purchasing an additional 2,476 shares during the quarter. Xponance Inc.’s holdings in Brixmor Property Group were worth $1,092,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in BRX. Intech Investment Management LLC lifted its position in shares of Brixmor Property Group by 106.2% in the 4th quarter. Intech Investment Management LLC now owns 101,896 shares of the real estate investment trust’s stock worth $2,837,000 after buying an additional 52,475 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in Brixmor Property Group by 52.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 396,855 shares of the real estate investment trust’s stock worth $11,048,000 after acquiring an additional 136,719 shares during the period. Cibc World Markets Corp lifted its holdings in Brixmor Property Group by 141.4% in the fourth quarter. Cibc World Markets Corp now owns 192,257 shares of the real estate investment trust’s stock worth $5,352,000 after acquiring an additional 112,619 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Brixmor Property Group by 9.5% in the fourth quarter. Corient Private Wealth LLC now owns 16,654 shares of the real estate investment trust’s stock valued at $464,000 after acquiring an additional 1,446 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of Brixmor Property Group by 22.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 11,777 shares of the real estate investment trust’s stock valued at $328,000 after purchasing an additional 2,162 shares during the last quarter. Institutional investors and hedge funds own 98.43% of the company’s stock.

Wall Street Analyst Weigh In

BRX has been the subject of a number of analyst reports. Wells Fargo & Company reduced their price objective on Brixmor Property Group from $29.00 to $27.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 29th. BMO Capital Markets raised shares of Brixmor Property Group from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $30.00 to $33.00 in a report on Friday, December 6th. Mizuho dropped their price objective 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. Stifel Nicolaus reduced their target price on shares of Brixmor Property Group from $31.75 to $31.25 and set a “hold” rating for the company in a research note on Tuesday, February 11th. Finally, Jefferies Financial Group raised Brixmor Property Group from a “hold” rating to a “buy” rating and lifted their price target for the company from $28.00 to $33.00 in a report on Friday, February 14th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Brixmor Property Group currently has an average rating of “Moderate Buy” and an average price target of $30.56.

Brixmor Property Group Stock Performance

Shares of NYSE BRX opened at $25.61 on Monday. Brixmor Property Group Inc. has a 1 year low of $20.80 and a 1 year high of $30.67. The firm has a market cap of $7.83 billion, a P/E ratio of 23.07, a PEG ratio of 2.66 and a beta of 1.59. The stock has a fifty day moving average price of $26.64 and a two-hundred day moving average price of $27.59. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.16 and a current ratio of 1.16.

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

Brixmor Property Group Increases Dividend

The firm 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 $0.2875 dividend. This is an increase from Brixmor Property Group’s previous quarterly dividend of $0.29. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date of this dividend is Wednesday, April 2nd. Brixmor Property Group’s payout ratio is presently 103.60%.

Brixmor Property Group Company Profile

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.