Ceredex Value Advisors LLC Makes New $10.20 Million Investment in Brixmor Property Group Inc. $BRX

Ceredex Value Advisors LLC bought a new stake in Brixmor Property Group Inc. (NYSE:BRX) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 323,350 shares of the real estate investment trust’s stock, valued at approximately $10,195,000. Ceredex Value Advisors LLC owned approximately 0.11% of Brixmor Property Group as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BRX. Strs Ohio grew its holdings in shares of Brixmor Property Group by 6.6% in the fourth quarter. Strs Ohio now owns 1,480,492 shares of the real estate investment trust’s stock valued at $38,818,000 after purchasing an additional 91,612 shares during the period. Hsbc Holdings PLC raised its stake in Brixmor Property Group by 77.3% during the fourth quarter. Hsbc Holdings PLC now owns 823,232 shares of the real estate investment trust’s stock worth $21,575,000 after purchasing an additional 359,006 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in Brixmor Property Group in the 1st quarter valued at about $1,443,000. Crossmark Global Holdings Inc. boosted its holdings in Brixmor Property Group by 199.3% in the 4th quarter. Crossmark Global Holdings Inc. now owns 70,651 shares of the real estate investment trust’s stock valued at $1,852,000 after purchasing an additional 47,049 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake 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 valued at $1,179,543,000 after buying an additional 198,567 shares during the period. 98.43% of the stock is owned by institutional investors and hedge funds.

Brixmor Property Group Price Performance

Shares of NYSE BRX opened at $29.50 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. The company has a market cap of $9.05 billion, a price-to-earnings ratio of 21.07, a price-to-earnings-growth ratio of 2.25 and a beta of 0.98. The stock’s 50-day moving average is $31.26 and its two-hundred day moving average is $30.29. Brixmor Property Group Inc. has a 1-year low of $24.66 and a 1-year high of $32.86.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.34). Brixmor Property Group had a net margin of 30.82% and a return on equity of 14.38%. The company had revenue of $354.20 million during the quarter, compared to analysts’ expectations of $354.39 million. During the same quarter in the previous year, the business posted $0.56 EPS. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. Analysts forecast that Brixmor Property Group Inc. will post 2.36 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be paid a $0.3075 dividend. The ex-dividend date is Friday, October 2nd. This represents a $1.23 dividend on an annualized basis and a yield of 4.2%. Brixmor Property Group’s payout ratio is currently 87.86%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. KeyCorp raised their price target on shares of Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. UBS Group increased their price objective on Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Truist Financial raised their target price on Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Piper Sandler lifted their target price on Brixmor Property Group from $34.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Finally, Evercore raised Brixmor Property Group to a “strong-buy” rating in a research note on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $34.33.

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.