Knights of Columbus Asset Advisors LLC Sells 21,626 Shares of Brixmor Property Group Inc. $BRX

Knights of Columbus Asset Advisors LLC lessened its position in Brixmor Property Group Inc. (NYSE:BRX) by 35.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,591 shares of the real estate investment trust’s stock after selling 21,626 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Brixmor Property Group were worth $1,012,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in BRX. Cary Street Partners Financial LLC bought a new position in shares of Brixmor Property Group during the 4th quarter valued at about $285,000. Clearstead Advisors LLC lifted its position in 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 worth $26,000 after buying an additional 495 shares during the last quarter. Legal & General Group Plc lifted its position in Brixmor Property Group by 6.5% in the 4th quarter. Legal & General Group Plc now owns 1,985,063 shares of the real estate investment trust’s stock worth $52,048,000 after buying an additional 121,980 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in Brixmor Property Group by 221.5% in the fourth quarter. Hantz Financial Services Inc. now owns 9,377 shares of the real estate investment trust’s stock worth $246,000 after buying an additional 6,460 shares in the last quarter. Finally, MQS Management LLC purchased a new stake in Brixmor Property Group in the fourth quarter worth approximately $893,000. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on BRX shares. Stifel Nicolaus lifted their price target on shares of Brixmor Property Group from $29.75 to $31.00 and gave the stock a “hold” rating in a research note on Tuesday, April 28th. Piper Sandler increased their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. KeyCorp upped their price target on shares of Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. UBS Group raised their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Finally, JPMorgan Chase & Co. lifted their price objective on Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Brixmor Property Group currently has a consensus rating of “Moderate Buy” and an average price target of $32.64.

Brixmor Property Group Stock Down 0.4%

Shares of Brixmor Property Group stock opened at $30.79 on Friday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.31 and a current ratio of 1.31. Brixmor Property Group Inc. has a 52-week low of $24.66 and a 52-week high of $31.49. The company’s 50 day moving average price is $29.81 and its 200-day moving average price is $28.12. The stock has a market capitalization of $9.45 billion, a price-to-earnings ratio of 21.38, a P/E/G ratio of 2.56 and a beta of 1.00.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.16. The company had revenue of $354.82 million during the quarter, compared to analyst estimates of $349.43 million. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The firm’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.56 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. Equities research analysts forecast that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd will be issued a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio is currently 85.42%.

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.