Insider Selling: Brixmor Property Group (NYSE:BRX) Director Sells $232,240.00 in Stock

Brixmor Property Group Inc. (NYSE:BRX) Director Julie Bowerman sold 8,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $29.03, for a total value of $232,240.00. Following the sale, the director directly owned 18,400 shares of the company’s stock, valued at approximately $534,152. The trade was a 30.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Brixmor Property Group Stock Performance

Shares of BRX opened at $29.27 on Monday. The firm has a market cap of $8.97 billion, a P/E ratio of 23.23, a PEG ratio of 2.60 and a beta of 1.10. Brixmor Property Group Inc. has a twelve month low of $22.28 and a twelve month high of $29.42. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.11 and a current ratio of 1.11. The firm’s 50 day moving average price is $26.46 and its two-hundred day moving average price is $26.76.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.01. The company had revenue of $353.75 million during the quarter, compared to the consensus estimate of $347.42 million. Brixmor Property Group had a net margin of 28.16% and a return on equity of 13.00%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.53 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. On average, analysts forecast that Brixmor Property Group Inc. will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be issued a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Thursday, April 2nd. Brixmor Property Group’s payout ratio is 97.62%.

Institutional Trading of Brixmor Property Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in BRX. Mather Group LLC. acquired a new position in shares of Brixmor Property Group during the 3rd quarter worth about $28,000. Clearstead Advisors LLC grew its holdings in Brixmor Property Group by 96.9% during the fourth 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 increased its position in Brixmor Property Group by 1,215.1% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 1,130 shares during the last quarter. Quent Capital LLC bought a new stake in Brixmor Property Group in the third quarter valued at approximately $35,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of Brixmor Property Group in the fourth quarter valued at approximately $42,000. 98.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

BRX has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on Brixmor Property Group from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. UBS Group raised their price target on shares of Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Wells Fargo & Company assumed coverage on shares of Brixmor Property Group in a report on Tuesday, October 21st. They set an “equal weight” rating and a $28.00 target price for the company. Finally, Scotiabank lowered their price target on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, January 14th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Brixmor Property Group presently has an average rating of “Moderate Buy” and a consensus target price of $30.00.

Brixmor Property Group Company 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.