Brixmor Property Group (NYSE:BRX) Director Julie Bowerman Sells 8,000 Shares

Brixmor Property Group Inc. (NYSE:BRX) Director Julie Bowerman sold 8,000 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $29.03, for a total transaction of $232,240.00. Following the completion of the transaction, the director owned 18,400 shares in the company, valued at $534,152. The trade was a 30.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Brixmor Property Group Trading Up 0.8%

Shares of Brixmor Property Group stock traded up $0.25 during trading on Friday, reaching $29.27. 3,133,022 shares of the stock were exchanged, compared to its average volume of 3,185,021. The company has a quick ratio of 1.19, a current ratio of 1.11 and a debt-to-equity ratio of 1.83. The firm has a market cap of $8.97 billion, a price-to-earnings ratio of 23.23, a price-to-earnings-growth ratio of 2.53 and a beta of 1.10. Brixmor Property Group Inc. has a 1 year low of $22.28 and a 1 year high of $29.42. The stock’s fifty day moving average is $26.38 and its 200 day moving average is $26.73.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.01. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.The business had revenue of $353.75 million during the quarter, compared to analyst estimates of $347.42 million. During the same quarter in the prior year, the company posted $0.53 EPS. Brixmor Property Group’s quarterly revenue was up 7.7% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, equities research analysts expect that Brixmor Property Group Inc. will post 2.22 earnings per share for the current fiscal year.

Brixmor Property Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be paid a $0.3075 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 dividend on an annualized basis and a yield of 4.2%. Brixmor Property Group’s dividend payout ratio (DPR) is presently 97.62%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. JPMorgan Chase & Co. increased their price target on shares of Brixmor Property Group from $29.00 to $30.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. Wells Fargo & Company assumed coverage on shares of Brixmor Property Group in a report on Tuesday, October 21st. They issued an “equal weight” rating and a $28.00 price objective for the company. Scotiabank reduced their target price on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a report on Wednesday, January 14th. Finally, UBS Group increased their target price on Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $30.30.

Hedge Funds Weigh In On Brixmor Property Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC boosted its position in shares of Brixmor Property Group by 17.4% in the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock worth $74,000 after purchasing an additional 398 shares in the last quarter. State of Michigan Retirement System boosted its holdings in Brixmor Property Group by 0.5% in the second quarter. State of Michigan Retirement System now owns 73,607 shares of the real estate investment trust’s stock worth $1,917,000 after acquiring an additional 400 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in Brixmor Property Group by 4.7% in the second quarter. Janney Montgomery Scott LLC now owns 10,073 shares of the real estate investment trust’s stock worth $262,000 after acquiring an additional 451 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of Brixmor Property Group by 2.5% in the third quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock worth $534,000 after acquiring an additional 465 shares during the last quarter. Finally, Park Avenue Securities LLC increased its holdings in shares of Brixmor Property Group by 1.3% during the third quarter. Park Avenue Securities LLC now owns 36,195 shares of the real estate investment trust’s stock valued at $1,002,000 after acquiring an additional 478 shares in the last quarter. Institutional investors own 98.43% of the company’s stock.

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.