Duff & Phelps Investment Management Co. Has $115.22 Million Position in Brixmor Property Group Inc. $BRX

Duff & Phelps Investment Management Co. lessened its position in Brixmor Property Group Inc. (NYSE:BRX) by 1.0% in the 3rd quarter, Holdings Channel reports. The firm owned 4,162,701 shares of the real estate investment trust’s stock after selling 42,700 shares during the period. Brixmor Property Group accounts for approximately 1.3% of Duff & Phelps Investment Management Co.’s investment portfolio, making the stock its 24th biggest holding. Duff & Phelps Investment Management Co.’s holdings in Brixmor Property Group were worth $115,224,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Mather Group LLC. acquired a new position in shares of Brixmor Property Group in the 3rd quarter valued at $28,000. Quent Capital LLC bought a new stake in shares of Brixmor Property Group in the 3rd quarter valued at $35,000. EverSource Wealth Advisors LLC raised its stake in Brixmor Property Group by 43.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 557 shares during the period. Avalon Trust Co bought a new position in Brixmor Property Group during the third quarter worth about $62,000. Finally, Smartleaf Asset Management LLC lifted its holdings 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 acquiring an additional 920 shares in the last quarter. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have issued reports on BRX. Truist Financial increased their price target on Brixmor Property Group from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. JPMorgan Chase & Co. lifted their price objective on Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, February 20th. UBS Group boosted their price objective on Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Brixmor Property Group in a research note on Monday, December 22nd. Finally, Piper Sandler raised their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $30.82.

Insider Transactions at Brixmor Property Group

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $29.03, for a total value of $232,240.00. Following the sale, the director owned 18,400 shares in the company, valued at approximately $534,152. The trade was a 30.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.75% of the company’s stock.

Brixmor Property Group Price Performance

Shares of NYSE BRX opened at $29.89 on Thursday. The company has a fifty day moving average price of $27.93 and a 200 day moving average price of $27.20. The firm has a market cap of $9.16 billion, a PE ratio of 23.72, a PEG ratio of 2.69 and a beta of 1.06. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.83. Brixmor Property Group Inc. has a 1-year low of $22.28 and a 1-year high of $30.70.

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

Brixmor Property Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be given a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is currently 97.62%.

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.