Verition Fund Management LLC Has $17.42 Million Stock Position in Brixmor Property Group Inc. $BRX

Verition Fund Management LLC grew its position in Brixmor Property Group Inc. (NYSE:BRX) by 47.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 664,250 shares of the real estate investment trust’s stock after buying an additional 212,686 shares during the period. Verition Fund Management LLC’s holdings in Brixmor Property Group were worth $17,417,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clearstead Advisors LLC boosted its stake in Brixmor Property Group by 96.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 495 shares during the period. Loomis Sayles & Co. L P boosted its stake in Brixmor Property Group by 1,215.1% in 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 purchasing an additional 1,130 shares during the period. Atlantic Edge Private Wealth Management LLC acquired a new position in Brixmor Property Group in the 4th quarter worth $42,000. Bayforest Capital Ltd acquired a new position in Brixmor Property Group in the 4th quarter worth $44,000. Finally, EverSource Wealth Advisors LLC boosted its stake in 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 purchasing an additional 557 shares during the period. Institutional investors and hedge funds own 98.43% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Stifel Nicolaus upped their target price on shares of Brixmor Property Group from $29.75 to $31.00 and gave the stock a “hold” rating in a research note on Tuesday, April 28th. Piper Sandler upped their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. upped their target price on shares of Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Evercore raised shares of Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $33.00.

Brixmor Property Group Stock Down 1.7%

Shares of BRX stock opened at $32.01 on Tuesday. 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 firm’s 50-day moving average is $30.36 and its 200-day moving average is $28.53. The stock has a market cap of $9.82 billion, a price-to-earnings ratio of 22.23, a PEG ratio of 2.70 and a beta of 0.99. Brixmor Property Group Inc. has a 52-week low of $24.66 and a 52-week high of $32.80.

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. The company had revenue of $354.82 million for the quarter, compared to analysts’ expectations of $349.43 million. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. Brixmor Property Group’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.56 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. Sell-side analysts predict that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Announces Dividend

The business 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. This represents a $1.23 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio is currently 85.42%.

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.