Two Sigma Securities LLC increased its position in Brixmor Property Group Inc. (NYSE:BRX – Free Report) by 203.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,442 shares of the real estate investment trust’s stock after acquiring an additional 18,406 shares during the quarter. Two Sigma Securities LLC’s holdings in Brixmor Property Group were worth $865,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the company. Hsbc Holdings PLC increased its stake in Brixmor Property Group by 77.3% in the 4th quarter. Hsbc Holdings PLC now owns 823,232 shares of the real estate investment trust’s stock worth $21,575,000 after buying an additional 359,006 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Brixmor Property Group in the first quarter worth about $1,443,000. Crossmark Global Holdings Inc. grew its position in shares of Brixmor Property Group by 199.3% during the fourth quarter. Crossmark Global Holdings Inc. now owns 70,651 shares of the real estate investment trust’s stock worth $1,852,000 after purchasing an additional 47,049 shares in the last quarter. GSA Capital Partners LLP bought a new stake in Brixmor Property Group during the 2nd quarter valued at approximately $2,841,000. Finally, Quantinno Capital Management LP raised its stake in Brixmor Property Group by 9.5% during the 1st quarter. Quantinno Capital Management LP now owns 526,680 shares of the real estate investment trust’s stock valued at $15,168,000 after purchasing an additional 45,809 shares during the period. Hedge funds and other institutional investors own 98.43% of the company’s stock.
Analyst Ratings Changes
BRX has been the subject of several recent analyst reports. BMO Capital Markets upped their price target on Brixmor Property Group from $35.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Stifel Nicolaus lifted their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company a “hold” rating in a research report on Tuesday, July 28th. Jefferies Financial Group raised shares of Brixmor Property Group to a “strong-buy” rating in a report on Friday, June 26th. Piper Sandler boosted their target price on shares of Brixmor Property Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Finally, UBS Group upped their target price on shares of Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.33.
Brixmor Property Group Price Performance
NYSE:BRX opened at $29.27 on Wednesday. The business’s 50-day moving average is $30.90 and its 200 day moving average is $30.37. Brixmor Property Group Inc. has a 12 month low of $24.66 and a 12 month high of $32.86. The company has a market capitalization of $8.98 billion, a P/E ratio of 20.91, a P/E/G ratio of 2.19 and a beta of 0.98. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.76.
Brixmor Property Group (NYSE:BRX – Get Free Report) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.34). Brixmor Property Group had a net margin of 30.82% and a return on equity of 14.38%. The firm had revenue of $354.20 million for the quarter, compared to analysts’ expectations of $354.39 million. During the same quarter in the prior year, the business earned $0.56 EPS. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. On average, equities research analysts forecast that Brixmor Property Group Inc. will post 2.36 earnings per share for the current fiscal year.
Brixmor Property Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be issued a $0.3075 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.2%. Brixmor Property Group’s dividend payout ratio (DPR) is 87.86%.
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.
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