Dimensional Fund Advisors LP lessened its stake in Brixmor Property Group Inc (NYSE:BRX) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,752,823 shares of the real estate investment trust’s stock after selling 39,163 shares during the period. Dimensional Fund Advisors LP’s holdings in Brixmor Property Group were worth $69,820,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Advisors Asset Management Inc. grew its position in Brixmor Property Group by 2.6% in the 4th quarter. Advisors Asset Management Inc. now owns 34,845 shares of the real estate investment trust’s stock worth $512,000 after purchasing an additional 873 shares during the period. Utah Retirement Systems grew its position in shares of Brixmor Property Group by 1.3% during the 4th quarter. Utah Retirement Systems now owns 92,345 shares of the real estate investment trust’s stock valued at $1,357,000 after acquiring an additional 1,200 shares during the period. LPL Financial LLC grew its position in shares of Brixmor Property Group by 2.9% during the 4th quarter. LPL Financial LLC now owns 44,127 shares of the real estate investment trust’s stock valued at $648,000 after acquiring an additional 1,243 shares during the period. Nwam LLC grew its position in shares of Brixmor Property Group by 4.9% during the 4th quarter. Nwam LLC now owns 32,234 shares of the real estate investment trust’s stock valued at $474,000 after acquiring an additional 1,503 shares during the period. Finally, Gilman Hill Asset Management LLC grew its position in shares of Brixmor Property Group by 5.5% during the 4th quarter. Gilman Hill Asset Management LLC now owns 35,770 shares of the real estate investment trust’s stock valued at $525,000 after acquiring an additional 1,855 shares during the period. 98.75% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Brixmor Property Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 15th. Stifel Nicolaus boosted their price objective on shares of Brixmor Property Group from $17.50 to $18.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. Barclays reissued a “hold” rating and set a $17.00 price objective on shares of Brixmor Property Group in a research report on Wednesday, March 6th. BMO Capital Markets reissued a “hold” rating and set a $17.00 price objective on shares of Brixmor Property Group in a research report on Monday, February 11th. Finally, ValuEngine raised shares of Brixmor Property Group from a “sell” rating to a “hold” rating in a research report on Tuesday, January 29th. Nine equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $18.50.

Shares of Brixmor Property Group stock opened at $18.18 on Thursday. The firm has a market capitalization of $5.44 billion, a P/E ratio of 9.83, a PEG ratio of 2.13 and a beta of 0.75. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 1.74. Brixmor Property Group Inc has a fifty-two week low of $14.11 and a fifty-two week high of $18.71.

Brixmor Property Group (NYSE:BRX) last issued its earnings results on Monday, April 29th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.26). The firm had revenue of $291.10 million during the quarter, compared to the consensus estimate of $290.85 million. Brixmor Property Group had a return on equity of 12.96% and a net margin of 30.47%. The company’s quarterly revenue was down 8.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.51 EPS. On average, sell-side analysts forecast that Brixmor Property Group Inc will post 1.89 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, July 5th will be issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 6.16%. The ex-dividend date is Wednesday, July 3rd. Brixmor Property Group’s dividend payout ratio is currently 60.54%.

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Brixmor Property Group Profile

Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 425 retail centers comprise approximately 74 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers.

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Institutional Ownership by Quarter for Brixmor Property Group (NYSE:BRX)

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