Brixmor Property Group Inc. $BRX Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP increased its position in shares of Brixmor Property Group Inc. (NYSE:BRX) by 9.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 526,680 shares of the real estate investment trust’s stock after acquiring an additional 45,809 shares during the quarter. Quantinno Capital Management LP’s holdings in Brixmor Property Group were worth $15,168,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC acquired a new position in Brixmor Property Group in the 1st quarter valued at about $26,000. Clearstead Advisors LLC increased its holdings 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. Loomis Sayles & Co. L P increased its holdings in shares of 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 buying an additional 1,130 shares during the last quarter. SHP Wealth Management acquired a new stake in shares of Brixmor Property Group during the 4th quarter worth approximately $34,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Brixmor Property Group during the 4th quarter valued at approximately $42,000. 98.43% of the stock is owned by hedge funds and other institutional investors.

Brixmor Property Group Stock Up 0.1%

Brixmor Property Group stock opened at $31.54 on Monday. Brixmor Property Group Inc. has a fifty-two week low of $24.66 and a fifty-two week high of $32.86. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a 50 day moving average price of $31.48 and a 200 day moving average price of $29.92. The company has a market capitalization of $9.68 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 2.64 and a beta of 0.98.

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

Brixmor Property Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be issued a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, October 2nd. Brixmor Property Group’s payout ratio is currently 87.86%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BRX. Truist Financial increased their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Wells Fargo & Company raised Brixmor Property Group to a “hold” rating in a research note on Thursday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Brixmor Property Group in a report on Monday, May 4th. Evercore raised Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, UBS Group boosted their price objective on shares of Brixmor Property Group from $34.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Brixmor Property Group currently has an average rating of “Buy” and an average target price of $34.00.

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.