930,114 Shares in Brixmor Property Group Inc. $BRX Purchased by Caisse de depot et placement du Quebec

Caisse de depot et placement du Quebec acquired a new stake in shares of Brixmor Property Group Inc. (NYSE:BRX) in the second quarter, HoldingsChannel reports. The fund acquired 930,114 shares of the real estate investment trust’s stock, valued at approximately $29,326,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BRX. Strs Ohio boosted its position in Brixmor Property Group by 6.6% in the fourth quarter. Strs Ohio now owns 1,480,492 shares of the real estate investment trust’s stock worth $38,818,000 after purchasing an additional 91,612 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of Brixmor Property Group by 77.3% during the 4th quarter. Hsbc Holdings PLC now owns 823,232 shares of the real estate investment trust’s stock valued at $21,575,000 after purchasing an additional 359,006 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Brixmor Property Group during the 1st quarter valued at about $1,443,000. Crossmark Global Holdings Inc. increased its position in shares of Brixmor Property Group by 199.3% during the 4th quarter. Crossmark Global Holdings Inc. now owns 70,651 shares of the real estate investment trust’s stock valued at $1,852,000 after purchasing an additional 47,049 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in shares of Brixmor Property Group in the 2nd quarter worth approximately $2,841,000. 98.43% of the stock is currently owned by hedge funds and other institutional investors.

Brixmor Property Group Stock Up 0.3%

NYSE BRX opened at $29.19 on Friday. The stock’s 50-day moving average price is $31.00 and its 200-day moving average price is $30.35. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.76. Brixmor Property Group Inc. has a 52 week low of $24.66 and a 52 week high of $32.86. The company has a market capitalization of $8.96 billion, a P/E ratio of 20.85, a price-to-earnings-growth ratio of 2.21 and a beta of 0.98.

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). The company had revenue of $354.20 million for the quarter, compared to analysts’ expectations of $354.39 million. Brixmor Property Group had a net margin of 30.82% and a return on equity of 14.38%. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. On average, equities research analysts predict that Brixmor Property Group Inc. will post 2.36 earnings per share for the current year.

Brixmor Property Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

BRX has been the topic of a number of research reports. Wells Fargo & Company raised shares of Brixmor Property Group to a “hold” rating in a report on Thursday, July 23rd. BMO Capital Markets upped their target price on shares of Brixmor Property Group from $35.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, June 15th. Stifel Nicolaus increased their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. UBS Group lifted their price target on shares of Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Finally, Jefferies Financial Group raised shares of Brixmor Property Group to a “strong-buy” rating in a research report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.