Bailard Inc. Invests $839,000 in Brixmor Property Group Inc. $BRX

Bailard Inc. bought a new stake in Brixmor Property Group Inc. (NYSE:BRX) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 31,992 shares of the real estate investment trust’s stock, valued at approximately $839,000.

Several other institutional investors also recently modified their holdings of BRX. Quent Capital LLC bought a new position in shares of Brixmor Property Group in the third quarter valued at approximately $35,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Brixmor Property Group in the fourth quarter valued at approximately $42,000. Bayforest Capital Ltd bought a new position in shares of Brixmor Property Group in the fourth quarter valued at approximately $44,000. EverSource Wealth Advisors LLC grew its holdings in Brixmor Property Group by 43.6% during 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 purchasing an additional 557 shares during the period. Finally, Avalon Trust Co bought a new position in Brixmor Property Group during the third quarter valued at $62,000. 98.43% of the stock is owned by institutional investors.

Brixmor Property Group Price Performance

BRX stock opened at $29.33 on Thursday. The firm has a 50 day simple moving average of $29.72 and a two-hundred day simple moving average of $27.84. Brixmor Property Group Inc. has a one year low of $24.38 and a one year high of $31.49. 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 stock has a market cap of $9.00 billion, a PE ratio of 20.36, a P/E/G ratio of 2.48 and a beta of 1.00.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.16. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The business had revenue of $354.82 million for the quarter, compared to the consensus estimate of $349.43 million. During the same quarter last year, the business posted $0.56 earnings per share. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. On average, analysts predict that Brixmor Property Group Inc. will post 2.36 EPS 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. Stockholders 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 dividend yield of 4.2%. The ex-dividend date of this dividend is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is 85.42%.

Analyst Ratings Changes

Several equities analysts have weighed in on BRX shares. Stifel Nicolaus increased their price objective on Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a report on Tuesday, April 28th. Wells Fargo & Company increased their price objective on Brixmor Property Group from $28.00 to $32.00 and gave the company an “equal weight” rating in a report on Thursday, March 19th. Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a report on Monday, May 4th. Scotiabank increased their target price on Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, March 24th. Finally, 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 research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $32.18.

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.