Metis Global Partners LLC Has $1.91 Million Position in Brixmor Property Group Inc. $BRX

Metis Global Partners LLC lifted its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 36.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 68,992 shares of the real estate investment trust’s stock after purchasing an additional 18,316 shares during the period. Metis Global Partners LLC’s holdings in Brixmor Property Group were worth $1,910,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in BRX. Mather Group LLC. acquired a new stake in Brixmor Property Group in the 3rd quarter worth $28,000. Quent Capital LLC bought a new stake in shares of Brixmor Property Group in the third quarter valued at about $35,000. EverSource Wealth Advisors LLC lifted its stake in shares of Brixmor Property Group by 43.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 557 shares during the period. Smartleaf Asset Management LLC grew its position in Brixmor Property Group by 62.4% during the third quarter. Smartleaf Asset Management LLC now owns 2,395 shares of the real estate investment trust’s stock worth $66,000 after buying an additional 920 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its stake in Brixmor Property Group by 523.3% during the third quarter. Hantz Financial Services Inc. now owns 2,917 shares of the real estate investment trust’s stock valued at $81,000 after acquiring an additional 2,449 shares during the period. Institutional investors own 98.43% of the company’s stock.

Insider Activity at Brixmor Property Group

In related news, Director Julie Bowerman sold 8,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $29.03, for a total transaction of $232,240.00. Following the completion of the sale, the director directly owned 18,400 shares of the company’s stock, valued at $534,152. This trade represents a 30.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.75% of the stock is owned by insiders.

Wall Street Analyst Weigh In

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

Brixmor Property Group Price Performance

Shares of BRX stock opened at $29.27 on Monday. The stock’s fifty day simple moving average is $26.46 and its 200 day simple moving average is $26.76. Brixmor Property Group Inc. has a one year low of $22.28 and a one year high of $29.42. The firm has a market cap of $8.97 billion, a price-to-earnings ratio of 23.23, a P/E/G ratio of 2.60 and a beta of 1.10. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.11 and a quick ratio of 1.11.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share (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 company had revenue of $353.75 million during the quarter, compared to analysts’ expectations of $347.42 million. During the same period last year, the business earned $0.53 earnings per share. The business’s revenue was up 7.7% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. On average, analysts expect that Brixmor Property Group Inc. will post 2.22 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 Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be issued a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Thursday, April 2nd. Brixmor Property Group’s payout ratio is presently 97.62%.

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.