Intech Investment Management LLC Cuts Holdings in Brixmor Property Group Inc. $BRX

Intech Investment Management LLC cut its position in shares of Brixmor Property Group Inc. (NYSE:BRX) by 32.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 55,011 shares of the real estate investment trust’s stock after selling 26,388 shares during the quarter. Intech Investment Management LLC’s holdings in Brixmor Property Group were worth $1,442,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bayhunt Capital LLC bought a new stake in shares of Brixmor Property Group in the 4th quarter worth about $14,793,000. Franklin Resources Inc. grew its holdings in shares of Brixmor Property Group by 0.4% in the 3rd quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock worth $338,747,000 after purchasing an additional 51,778 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC grew its holdings in shares of Brixmor Property Group by 7.3% in the 3rd quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,523,434 shares of the real estate investment trust’s stock worth $125,209,000 after purchasing an additional 306,342 shares during the last quarter. Elo Mutual Pension Insurance Co grew its holdings in shares of Brixmor Property Group by 194.8% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 58,402 shares of the real estate investment trust’s stock worth $1,617,000 after purchasing an additional 38,590 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Brixmor Property Group by 253.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 509,625 shares of the real estate investment trust’s stock worth $13,230,000 after purchasing an additional 365,535 shares during the last quarter. 98.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BRX has been the topic of several research reports. Evercore upgraded shares of Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. KeyCorp upped 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. UBS Group upped their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Wells Fargo & Company upped their target price on shares of Brixmor Property Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. Finally, Stifel Nicolaus upped their target price on shares of Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Brixmor Property Group has an average rating of “Moderate Buy” and a consensus price target of $32.64.

Brixmor Property Group Stock Performance

Brixmor Property Group stock opened at $30.97 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81. Brixmor Property Group Inc. has a 1 year low of $24.66 and a 1 year high of $31.49. The company has a market cap of $9.50 billion, a PE ratio of 21.50, a PEG ratio of 2.51 and a beta of 0.98. The company’s 50-day moving average is $29.97 and its two-hundred day moving average is $28.27.

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

Brixmor Property Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, July 2nd will be given a $0.3075 dividend. 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 (DPR) 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.