Brixmor Property Group Inc. $BRX Shares Purchased by Peak Financial Advisors LLC

Peak Financial Advisors LLC boosted its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 226.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 85,552 shares of the real estate investment trust’s stock after buying an additional 59,340 shares during the quarter. Peak Financial Advisors LLC’s holdings in Brixmor Property Group were worth $2,243,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new stake in shares of Brixmor Property Group during the 3rd quarter valued at approximately $28,000. Quent Capital LLC acquired a new stake in shares of Brixmor Property Group in the 3rd quarter worth approximately $35,000. EverSource Wealth Advisors LLC grew its holdings in shares of Brixmor Property Group by 43.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 557 shares during the period. Avalon Trust Co purchased a new position in Brixmor Property Group in the 3rd quarter valued at approximately $62,000. Finally, CIBC Private Wealth Group LLC raised its holdings in Brixmor Property Group by 695.5% during the third quarter. CIBC Private Wealth Group LLC now owns 2,307 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 2,017 shares during the last quarter. 98.43% of the stock is owned by hedge funds and other institutional investors.

Brixmor Property Group Price Performance

Shares of NYSE:BRX opened at $28.67 on Thursday. The business’s fifty day moving average price is $28.61 and its two-hundred day moving average price is $27.29. The stock has a market cap of $8.80 billion, a PE ratio of 22.75, a price-to-earnings-growth ratio of 2.58 and a beta of 1.06. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.11 and a current ratio of 1.11. Brixmor Property Group Inc. has a one year low of $22.28 and a one 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 for the quarter, topping 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 in the previous year, the firm posted $0.53 earnings per share. The business’s revenue for the quarter 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. On average, analysts forecast that Brixmor Property Group Inc. will post 2.22 EPS 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 paid a $0.3075 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 annualized dividend and a yield of 4.3%. Brixmor Property Group’s payout ratio is presently 97.62%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on BRX. Scotiabank boosted their target price on Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a research report on Tuesday. Truist Financial lifted their price target on Brixmor Property Group from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Wells Fargo & Company increased their price objective on shares of Brixmor Property Group from $28.00 to $32.00 and gave the company an “equal weight” rating in a research note on Thursday, March 19th. Finally, UBS Group raised their target price on shares of Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Brixmor Property Group has an average rating of “Moderate Buy” and a consensus target price of $31.55.

Insider Transactions at Brixmor Property Group

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of the firm’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 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 Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.91% of the company’s stock.

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.