Cbre Investment Management Listed Real Assets LLC Grows Stock Position in Brixmor Property Group Inc. $BRX

Cbre Investment Management Listed Real Assets LLC boosted its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 7.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,523,434 shares of the real estate investment trust’s stock after acquiring an additional 306,342 shares during the period. Brixmor Property Group accounts for approximately 1.8% of Cbre Investment Management Listed Real Assets LLC’s portfolio, making the stock its 22nd biggest position. Cbre Investment Management Listed Real Assets LLC’s holdings in Brixmor Property Group were worth $125,209,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Parallel Advisors LLC raised its position in Brixmor Property Group by 17.4% in the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock valued at $74,000 after purchasing an additional 398 shares in the last quarter. Quadrant Capital Group LLC increased its stake in shares of Brixmor Property Group by 2.5% during the third quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock worth $534,000 after buying an additional 465 shares during the period. Park Avenue Securities LLC raised its holdings in Brixmor Property Group by 1.3% in the third quarter. Park Avenue Securities LLC now owns 36,195 shares of the real estate investment trust’s stock valued at $1,002,000 after acquiring an additional 478 shares in the last quarter. GAMMA Investing LLC raised its holdings in Brixmor Property Group by 7.4% in the third quarter. GAMMA Investing LLC now owns 7,003 shares of the real estate investment trust’s stock valued at $194,000 after acquiring an additional 485 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in Brixmor Property Group by 16.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 3,510 shares of the real estate investment trust’s stock worth $91,000 after acquiring an additional 503 shares during the last quarter. Institutional investors and hedge funds own 98.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Piper Sandler lifted their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Truist Financial boosted their target price on shares of Brixmor Property Group from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. UBS Group increased their target price on Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Finally, Scotiabank cut their price target on 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. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $30.82.

Brixmor Property Group Stock Performance

Shares of BRX opened at $29.89 on Thursday. The company has a market capitalization of $9.16 billion, a price-to-earnings ratio of 23.72, a price-to-earnings-growth ratio of 2.69 and a beta of 1.06. Brixmor Property Group Inc. has a 52-week low of $22.28 and a 52-week high of $30.70. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.83. The stock has a 50 day moving average price of $27.93 and a 200 day moving average price of $27.20.

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

Brixmor Property Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be given a $0.3075 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 dividend on an annualized basis and a yield of 4.1%. Brixmor Property Group’s payout ratio is 97.62%.

Insider Transactions at Brixmor Property Group

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the transaction, the director owned 18,400 shares in the company, valued at $534,152. This represents a 30.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.75% of the stock is owned by corporate insiders.

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.