Brixmor Property Group (NYSE:BRX) Stock Rating Upgraded by Jefferies Financial Group

Brixmor Property Group (NYSE:BRX) was upgraded by equities research analysts at Jefferies Financial Group to a “strong-buy” rating in a report released on Friday,Zacks.com reports.

Other analysts have also recently issued research reports about the stock. Wells Fargo & Company lifted their price objective on shares of Brixmor Property Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. BMO Capital Markets raised their target price on shares of Brixmor Property Group from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. UBS Group lifted their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company a “buy” rating in a research report on Monday, May 18th. KeyCorp boosted their price target on Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Finally, Evercore raised Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $33.00.

Brixmor Property Group Stock Performance

Shares of NYSE BRX opened at $32.41 on Friday. 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 market cap of $9.95 billion, a price-to-earnings ratio of 22.51, a P/E/G ratio of 2.69 and a beta of 0.98. The stock’s fifty day moving average price is $30.72 and its two-hundred day moving average price is $28.88. Brixmor Property Group has a one year low of $24.66 and a one year high of $32.80.

Brixmor Property Group (NYSE:BRX) last posted its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates 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%.The company’s revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. On average, equities analysts forecast that Brixmor Property Group will post 2.36 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bayhunt Capital LLC bought a new position in Brixmor Property Group in the 4th quarter valued at approximately $14,793,000. Cbre Investment Management Listed Real Assets LLC grew its stake in shares of Brixmor Property Group by 7.3% during the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,523,434 shares of the real estate investment trust’s stock worth $125,209,000 after buying an additional 306,342 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Brixmor Property Group by 0.4% during the third quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock worth $338,747,000 after buying an additional 51,778 shares during the last quarter. Elo Mutual Pension Insurance Co increased its holdings in shares of Brixmor Property Group by 194.8% during the third quarter. Elo Mutual Pension Insurance Co now owns 58,402 shares of the real estate investment trust’s stock worth $1,617,000 after buying an additional 38,590 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Brixmor Property Group by 253.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 509,625 shares of the real estate investment trust’s stock worth $13,230,000 after buying an additional 365,535 shares in the last quarter. Institutional investors own 98.43% of the company’s stock.

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.