HighTower Advisors LLC Acquires 20,662 Shares of Brixmor Property Group Inc. $BRX

HighTower Advisors LLC boosted its holdings in shares of Brixmor Property Group Inc. (NYSE:BRX) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 469,970 shares of the real estate investment trust’s stock after purchasing an additional 20,662 shares during the quarter. HighTower Advisors LLC’s holdings in Brixmor Property Group were worth $12,323,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC boosted its position in shares of Brixmor Property Group by 17.4% during the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock valued at $74,000 after acquiring an additional 398 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of Brixmor Property Group by 2.5% in the 3rd quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock valued at $534,000 after purchasing an additional 465 shares during the period. EverSource Wealth Advisors LLC grew its position in Brixmor Property Group by 43.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 557 shares during the period. M&G PLC boosted its position in Brixmor Property Group by 8.2% in the third quarter. M&G PLC now owns 7,875 shares of the real estate investment trust’s stock valued at $220,000 after buying an additional 596 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Brixmor Property Group by 6.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,600 shares of the real estate investment trust’s stock worth $365,000 after acquiring an additional 785 shares in the last quarter. Institutional investors and hedge funds own 98.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BRX. JPMorgan Chase & Co. increased their target price on Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Truist Financial upped their target price on shares of Brixmor Property Group from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Wells Fargo & Company increased their price target 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. Piper Sandler raised their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Finally, Stifel Nicolaus boosted their price objective on shares of Brixmor Property Group from $29.75 to $31.00 and gave the stock a “hold” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Brixmor Property Group currently has a consensus rating of “Moderate Buy” and an average price target of $32.45.

Brixmor Property Group Trading Up 0.0%

Brixmor Property Group stock opened at $30.85 on Monday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.31 and a quick ratio of 1.31. The firm has a 50-day moving average of $29.71 and a 200-day moving average of $27.99. The company has a market cap of $9.46 billion, a price-to-earnings ratio of 21.42, a P/E/G ratio of 2.55 and a beta of 1.00. Brixmor Property Group Inc. has a one year low of $24.38 and a one year high of $31.49.

Brixmor Property Group (NYSE:BRX) last issued its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.16. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The company had revenue of $354.82 million for the quarter, compared to analysts’ expectations of $349.43 million. During the same period in the prior year, the firm earned $0.56 EPS. Brixmor Property Group’s quarterly revenue was up 5.1% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. On average, equities analysts expect that Brixmor Property Group Inc. will post 2.36 earnings per share for the current fiscal year.

Brixmor Property Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd will be paid a dividend of $0.3075 per share. This represents a $1.23 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is 85.42%.

Brixmor Property Group 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.