Brixmor Property Group Inc. $BRX Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. increased its position in Brixmor Property Group Inc. (NYSE:BRX) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 469,722 shares of the real estate investment trust’s stock after acquiring an additional 16,812 shares during the period. Nomura Asset Management Co. Ltd. owned approximately 0.15% of Brixmor Property Group worth $12,316,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Brixmor Property Group by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 44,986,376 shares of the real estate investment trust’s stock worth $1,179,543,000 after acquiring an additional 198,567 shares during the period. State Street Corp grew its holdings in shares of Brixmor Property Group by 0.5% in the 2nd quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock worth $408,813,000 after acquiring an additional 81,497 shares during the period. Franklin Resources Inc. grew its holdings in shares of Brixmor Property Group by 0.4% in the 3rd quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock worth $338,747,000 after acquiring an additional 51,778 shares during the period. Invesco Ltd. grew its holdings in shares of Brixmor Property Group by 6.8% in the 3rd quarter. Invesco Ltd. now owns 8,036,728 shares of the real estate investment trust’s stock worth $222,457,000 after acquiring an additional 511,976 shares during the period. Finally, Wellington Management Group LLP grew its holdings in shares of Brixmor Property Group by 49.6% in the 3rd quarter. Wellington Management Group LLP now owns 6,395,999 shares of the real estate investment trust’s stock worth $177,041,000 after acquiring an additional 2,119,890 shares during the period. Institutional investors and hedge funds own 98.43% of the company’s stock.

Brixmor Property Group Trading Up 0.1%

Shares of BRX opened at $30.09 on Wednesday. The stock has a fifty day moving average of $29.84 and a two-hundred day moving average of $28.17. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.31 and a current ratio of 1.31. The company has a market capitalization of $9.23 billion, a PE ratio of 20.90, a price-to-earnings-growth ratio of 2.49 and a beta of 0.98. Brixmor Property Group Inc. has a fifty-two week low of $24.66 and a fifty-two week high of $31.49.

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

Brixmor Property Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd will be issued a $0.3075 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $1.23 annualized dividend and a yield of 4.1%. Brixmor Property Group’s payout ratio is 85.42%.

Wall Street Analysts Forecast Growth

BRX has been the topic of a number of research reports. UBS Group upped their price target on Brixmor Property Group from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Weiss Ratings restated a “buy (b)” rating on shares of Brixmor Property Group in a research report on Monday, May 4th. Wells Fargo & Company lifted their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 26th. JPMorgan Chase & Co. lifted their price objective on Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Finally, Truist Financial lifted 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. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Brixmor Property Group has a consensus rating of “Moderate Buy” and an average price target of $32.64.

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.