Dalton Greiner Hartman Maher & Co. bought a new stake in shares of Brixmor Property Group Inc (NYSE:BRX) in the 1st quarter, HoldingsChannel.com reports. The fund bought 19,038 shares of the real estate investment trust’s stock, valued at approximately $350,000.

Other institutional investors have also made changes to their positions in the company. Natixis Advisors L.P. grew its stake in Brixmor Property Group by 1.8% in the fourth quarter. Natixis Advisors L.P. now owns 40,087 shares of the real estate investment trust’s stock worth $588,000 after purchasing an additional 722 shares in the last quarter. Advisors Asset Management Inc. grew its stake in Brixmor Property Group by 2.6% in the fourth 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 in the last quarter. Utah Retirement Systems grew its stake in Brixmor Property Group by 1.3% in the fourth quarter. Utah Retirement Systems now owns 92,345 shares of the real estate investment trust’s stock worth $1,357,000 after purchasing an additional 1,200 shares in the last quarter. LPL Financial LLC grew its stake in Brixmor Property Group by 2.9% in the fourth quarter. LPL Financial LLC now owns 44,127 shares of the real estate investment trust’s stock worth $648,000 after purchasing an additional 1,243 shares in the last quarter. Finally, Nwam LLC lifted its holdings in Brixmor Property Group by 4.9% in the fourth quarter. Nwam LLC now owns 32,234 shares of the real estate investment trust’s stock worth $474,000 after acquiring an additional 1,503 shares during the last quarter. Institutional investors own 98.62% of the company’s stock.

A number of brokerages have issued reports on BRX. BMO Capital Markets reissued a “hold” rating and issued a $17.00 target price on shares of Brixmor Property Group in a report on Monday, February 11th. ValuEngine raised shares of Brixmor Property Group from a “sell” rating to a “hold” rating in a report on Tuesday, January 29th. Zacks Investment Research raised shares of Brixmor Property Group from a “sell” rating to a “hold” rating in a report on Tuesday. Barclays reissued a “hold” rating and issued a $17.00 target price on shares of Brixmor Property Group in a report on Wednesday, March 6th. Finally, JPMorgan Chase & Co. cut shares of Brixmor Property Group from an “overweight” rating to a “neutral” rating in a report on Wednesday, December 19th. Ten investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $18.39.

Shares of NYSE BRX opened at $18.12 on Thursday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.72. Brixmor Property Group Inc has a 52-week low of $13.84 and a 52-week high of $18.71. The stock has a market capitalization of $5.33 billion, a price-to-earnings ratio of 9.71, a price-to-earnings-growth ratio of 2.24 and a beta of 0.77.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings results on Monday, February 11th. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.17). The business had revenue of $297.66 million for the quarter, compared to the consensus estimate of $302.22 million. Brixmor Property Group had a net margin of 29.67% and a return on equity of 12.82%. As a group, analysts anticipate that Brixmor Property Group Inc will post 1.89 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, April 5th will be issued a dividend of $0.28 per share. The ex-dividend date of this dividend is Thursday, April 4th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 6.18%. Brixmor Property Group’s dividend payout ratio (DPR) is presently 60.54%.

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Brixmor Property Group Company 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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