Chilton Capital Management LLC Has $12.27 Million Position in Brixmor Property Group Inc. $BRX

Chilton Capital Management LLC cut its stake in Brixmor Property Group Inc. (NYSE:BRX) by 2.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 471,075 shares of the real estate investment trust’s stock after selling 11,192 shares during the quarter. Chilton Capital Management LLC’s holdings in Brixmor Property Group were worth $12,267,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its holdings in Brixmor Property Group by 18.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,760 shares of the real estate investment trust’s stock worth $259,000 after buying an additional 1,540 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Brixmor Property Group by 9.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 9,622 shares of the real estate investment trust’s stock valued at $255,000 after purchasing an additional 861 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Brixmor Property Group by 20.3% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 261,431 shares of the real estate investment trust’s stock valued at $6,941,000 after purchasing an additional 44,068 shares during the last quarter. Transcend Capital Advisors LLC bought a new stake in Brixmor Property Group in the first quarter worth $356,000. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in Brixmor Property Group by 2.1% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 333,382 shares of the real estate investment trust’s stock worth $8,851,000 after buying an additional 6,944 shares during the last quarter. 98.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Brixmor Property Group

In related news, insider Steven F. Siegel sold 25,000 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $28.21, for a total value of $705,250.00. Following the sale, the insider owned 302,657 shares of the company’s stock, valued at $8,537,953.97. The trade was a 7.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.75% of the company’s stock.

Brixmor Property Group Stock Up 0.8%

Shares of BRX opened at $28.19 on Friday. Brixmor Property Group Inc. has a 52 week low of $22.28 and a 52 week high of $30.67. The firm has a market capitalization of $8.63 billion, a P/E ratio of 25.62, a P/E/G ratio of 2.66 and a beta of 1.33. The company has a 50-day simple moving average of $27.50 and a 200-day simple moving average of $26.28. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.74 and a current ratio of 0.74.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $0.56 EPS for the quarter, beating the consensus estimate of $0.55 by $0.01. Brixmor Property Group had a return on equity of 11.39% and a net margin of 25.27%.The firm had revenue of $339.40 million during the quarter, compared to analysts’ expectations of $332.59 million. During the same quarter in the prior year, the firm posted $0.54 EPS. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. Brixmor Property Group has set its FY 2025 guidance at 2.220-2.250 EPS. On average, equities research analysts expect that Brixmor Property Group Inc. will post 2.22 earnings per share for the current year.

Brixmor Property Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Thursday, October 2nd were paid a $0.2875 dividend. The ex-dividend date was Thursday, October 2nd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.1%. Brixmor Property Group’s dividend payout ratio is currently 104.55%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BRX. Mizuho upped their price target on Brixmor Property Group from $29.00 to $30.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 20th. Evercore ISI increased their price target on Brixmor Property Group from $31.00 to $32.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Scotiabank boosted their price objective on shares of Brixmor Property Group from $30.00 to $31.00 and gave the stock a “sector outperform” rating in a research note on Monday, September 15th. LADENBURG THALM/SH SH started coverage on shares of Brixmor Property Group in a research note on Tuesday, September 9th. They issued a “buy” rating and a $32.00 target price on the stock. Finally, Wells Fargo & Company started coverage on shares of Brixmor Property Group in a research report on Tuesday, October 21st. They set an “equal weight” rating and a $28.00 target price for the company. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.75.

Brixmor Property Group Profile

Brixmor Property Group, Inc operates as a real estate investment trust, which engages in owning and operating a portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.