Brixmor Property Group Inc. $BRX Stock Position Decreased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its position in Brixmor Property Group Inc. (NYSE:BRX) by 4.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 408,648 shares of the real estate investment trust’s stock after selling 19,004 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Brixmor Property Group were worth $11,279,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC purchased a new stake in Brixmor Property Group during the first quarter worth $26,000. Integrated Wealth Concepts LLC acquired a new stake in Brixmor Property Group in the second quarter valued at $26,000. Parkside Financial Bank & Trust grew its holdings in Brixmor Property Group by 103.7% in the second quarter. Parkside Financial Bank & Trust now owns 876 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 446 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in Brixmor Property Group in the second quarter valued at $29,000. Finally, Allworth Financial LP purchased a new position in shares of Brixmor Property Group in the second quarter valued at $29,000. 98.43% of the stock is owned by institutional investors and hedge funds.

Brixmor Property Group Trading Down 0.4%

Shares of Brixmor Property Group stock opened at $28.15 on Friday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.82 and a quick ratio of 0.82. Brixmor Property Group Inc. has a 1 year low of $24.66 and a 1 year high of $32.86. The company has a market capitalization of $8.64 billion, a P/E ratio of 20.11, a P/E/G ratio of 2.18 and a beta of 0.97. The business has a 50 day moving average price of $28.32 and a 200 day moving average price of $29.96.

Brixmor Property Group (NYSE:BRX) last posted 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). The company had revenue of $354.20 million during 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%. Brixmor Property Group’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.56 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. Sell-side analysts anticipate that Brixmor Property Group Inc. will post 2.36 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on BRX shares. Truist Financial started coverage on Brixmor Property Group in a research report on Friday, October 2nd. They issued a “buy” rating and a $31.00 price target for the company. Citigroup increased their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Mizuho lowered their price objective on shares of Brixmor Property Group from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Thursday, September 24th. KeyCorp restated an “overweight” rating and set a $34.00 target price on shares of Brixmor Property Group in a report on Wednesday, October 7th. Finally, UBS Group dropped their target price on shares of Brixmor Property Group from $37.00 to $33.00 and set a “buy” rating for the company in a report on Friday, October 9th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.45.

Brixmor Property Group Profile

Brixmor Property Group Inc (NYSE: BRX) is a real estate investment trust that owns and operates open-air shopping centers across the United States. Its portfolio is primarily focused on grocery-anchored community and neighborhood centers located in established, densely populated markets.

The company leases retail space to a diverse mix of tenants, including grocery stores, restaurants, service businesses, health and wellness providers, and other essential retailers. Brixmor also manages property operations and pursues redevelopment, re-tenanting, and leasing initiatives designed to enhance the functionality and long-term value of its shopping centers.

Brixmor became a publicly traded company in 2013 after being separated from an ownership structure associated with Blackstone.