Mitsubishi UFJ Asset Management Co. Ltd. Purchases New Position in Brixmor Property Group Inc. $BRX

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Brixmor Property Group Inc. (NYSE:BRX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 262,990 shares of the real estate investment trust’s stock, valued at approximately $8,292,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.09% of Brixmor Property Group as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Clearstead Advisors LLC lifted its position in shares of Brixmor Property Group by 96.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 495 shares during the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in shares of Brixmor Property Group in the 1st quarter valued at $26,000. Loomis Sayles & Co. L P raised its stake in Brixmor Property Group by 1,215.1% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 1,130 shares in the last quarter. SHP Wealth Management acquired a new stake in Brixmor Property Group during the 4th quarter worth $34,000. Finally, Prosperity Bancshares Inc purchased a new stake in Brixmor Property Group in the fourth quarter valued at $43,000. Institutional investors and hedge funds own 98.43% of the company’s stock.

Brixmor Property Group Price Performance

Shares of BRX opened at $29.31 on Friday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.82 and a current ratio of 0.82. Brixmor Property Group Inc. has a fifty-two week low of $24.66 and a fifty-two week high of $32.86. The firm has a 50-day simple moving average of $31.19 and a 200-day simple moving average of $30.29. The company has a market capitalization of $8.99 billion, a price-to-earnings ratio of 20.94, a price-to-earnings-growth ratio of 2.23 and a beta of 0.98.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.34). The company had revenue of $354.20 million during the quarter, compared to analyst estimates of $354.39 million. Brixmor Property Group had a net margin of 30.82% and a return on equity of 14.38%. The business’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.56 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. On average, equities research analysts anticipate that Brixmor Property Group Inc. will post 2.36 earnings per share for the current year.

Brixmor Property Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be paid a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, October 2nd. Brixmor Property Group’s dividend payout ratio is 87.86%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Piper Sandler raised their price objective on Brixmor Property Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Evercore raised Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. Weiss Ratings restated a “buy (b)” rating on shares of Brixmor Property Group in a research note on Friday, July 31st. Stifel Nicolaus lifted their price target 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. Finally, Jefferies Financial Group upgraded Brixmor Property Group to a “strong-buy” rating in a research note on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.33.

Brixmor Property Group Company 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.