Quantbot Technologies LP Takes Position in Brixmor Property Group Inc. $BRX

Quantbot Technologies LP acquired a new stake in shares of Brixmor Property Group Inc. (NYSE:BRX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 122,390 shares of the real estate investment trust’s stock, valued at approximately $3,859,000.

Other hedge funds also recently bought and sold shares of the company. Clearstead Advisors LLC grew its position in 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 acquiring an additional 495 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new stake in shares of Brixmor Property Group in the 1st quarter worth approximately $26,000. Allworth Financial LP bought a new stake in shares of Brixmor Property Group in the 2nd quarter worth approximately $29,000. Loomis Sayles & Co. L P boosted its stake in shares of Brixmor Property Group by 1,215.1% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 1,130 shares in the last quarter. Finally, SHP Wealth Management purchased a new stake in shares of Brixmor Property Group in the 4th quarter valued at $34,000. Institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Stock Performance

Shares of BRX opened at $29.31 on Monday. The stock has a market capitalization of $8.99 billion, a P/E ratio of 20.94, a PEG ratio of 2.22 and a beta of 0.98. Brixmor Property Group Inc. has a twelve month low of $24.66 and a twelve month high of $32.86. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.76. The firm has a fifty day simple moving average of $31.19 and a two-hundred day simple moving average of $30.31.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.34). The firm had revenue of $354.20 million during the quarter, compared to analysts’ expectations of $354.39 million. Brixmor Property Group had a net margin of 30.82% and a return on equity of 14.38%. Brixmor Property Group’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.56 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. On average, research analysts anticipate that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be issued a $0.3075 dividend. The ex-dividend date is Friday, October 2nd. This represents a $1.23 annualized dividend and a yield of 4.2%. Brixmor Property Group’s dividend payout ratio (DPR) is 87.86%.

Analyst Ratings Changes

A number of equities analysts recently commented on BRX shares. Truist Financial lifted their target price on shares of Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Wells Fargo & Company upgraded shares of Brixmor Property Group to a “hold” rating in a research report on Thursday, July 23rd. BMO Capital Markets raised their price objective on Brixmor Property Group from $35.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. KeyCorp lifted their price objective on Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Brixmor Property Group in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.33.

Brixmor Property Group Company 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.