GSA Capital Partners LLP Acquires Shares of 90,097 Brixmor Property Group Inc. $BRX

GSA Capital Partners LLP bought a new position in shares of Brixmor Property Group Inc. (NYSE:BRX) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 90,097 shares of the real estate investment trust’s stock, valued at approximately $2,841,000.

A number of other large investors have also modified their holdings of the business. Principal Financial Group Inc. lifted its stake in shares of Brixmor Property Group by 686.1% in the first quarter. Principal Financial Group Inc. now owns 5,176,486 shares of the real estate investment trust’s stock worth $149,083,000 after buying an additional 4,518,001 shares in the last quarter. Norges Bank purchased a new stake in Brixmor Property Group during the 4th quarter valued at about $112,307,000. Centersquare Investment Management LLC grew its stake in Brixmor Property Group by 22.5% during the 4th quarter. Centersquare Investment Management LLC now owns 12,384,526 shares of the real estate investment trust’s stock valued at $324,722,000 after acquiring an additional 2,275,242 shares in the last quarter. Wellington Management Group LLP raised its holdings in Brixmor Property Group by 49.6% in the 3rd quarter. Wellington Management Group LLP now owns 6,395,999 shares of the real estate investment trust’s stock valued at $177,041,000 after acquiring an additional 2,119,890 shares during the last quarter. Finally, Heitman Real Estate Securities LLC acquired a new stake in Brixmor Property Group in the 4th quarter valued at about $48,503,000. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Jefferies Financial Group upgraded Brixmor Property Group to a “strong-buy” rating in a report on Friday, June 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brixmor Property Group in a report on Friday, July 31st. Stifel Nicolaus lifted their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. Evercore raised Brixmor Property Group to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, UBS Group upped their target price on Brixmor Property Group from $34.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $34.00.

Brixmor Property Group Stock Down 0.2%

Shares of NYSE:BRX opened at $29.95 on Friday. The company has a market capitalization of $9.19 billion, a price-to-earnings ratio of 21.39, a PEG ratio of 2.27 and a beta of 0.98. Brixmor Property Group Inc. has a 12-month low of $24.66 and a 12-month high of $32.86. The business has a 50-day moving average price of $31.42 and a 200 day moving average price of $30.17. 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) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.34). Brixmor Property Group had a return on equity of 14.38% and a net margin of 30.82%.The company had revenue of $354.20 million for the quarter, compared to analysts’ expectations of $354.39 million. During the same period in the previous year, the business posted $0.56 EPS. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. Sell-side analysts expect that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be given a $0.3075 dividend. This represents a $1.23 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, October 2nd. Brixmor Property Group’s payout ratio is currently 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.