Captrust Financial Advisors Buys 504,624 Shares of Brixmor Property Group Inc. $BRX

Captrust Financial Advisors grew its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 14.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,072,260 shares of the real estate investment trust’s stock after acquiring an additional 504,624 shares during the quarter. Captrust Financial Advisors’ holdings in Brixmor Property Group were worth $106,775,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in BRX. Clearstead Advisors LLC raised its holdings in shares of Brixmor Property Group by 96.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 495 shares during the last quarter. Loomis Sayles & Co. L P boosted its holdings in Brixmor Property Group by 1,215.1% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 1,130 shares during the last quarter. Atlantic Edge Private Wealth Management LLC purchased a new stake in Brixmor Property Group in the fourth quarter worth approximately $42,000. Bayforest Capital Ltd bought a new stake in Brixmor Property Group in the 4th quarter worth approximately $44,000. Finally, EverSource Wealth Advisors LLC grew its position in Brixmor Property Group by 43.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 557 shares during the period. 98.43% of the stock is currently owned by institutional investors.

Brixmor Property Group Stock Performance

NYSE BRX opened at $31.73 on Wednesday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.81. Brixmor Property Group Inc. has a twelve month low of $24.66 and a twelve month high of $32.80. The business has a 50-day moving average price of $30.41 and a 200-day moving average price of $28.57. The firm has a market cap of $9.74 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 2.65 and a beta of 0.99.

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

Brixmor Property Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders 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 yield of 3.9%. The ex-dividend date of this dividend is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is 85.42%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Stifel Nicolaus increased their price target on Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a report on Tuesday, April 28th. Evercore raised Brixmor Property Group to a “strong-buy” rating in a report on Wednesday, April 29th. Piper Sandler upped their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Truist Financial increased their target price on Brixmor Property Group from $32.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Finally, Scotiabank raised their target price on Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $33.00.

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.