Greenland Capital Management LP Has $7.85 Million Holdings in Brixmor Property Group Inc. $BRX

Greenland Capital Management LP trimmed its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 7.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 283,614 shares of the real estate investment trust’s stock after selling 23,191 shares during the period. Brixmor Property Group comprises about 0.8% of Greenland Capital Management LP’s portfolio, making the stock its 27th largest position. Greenland Capital Management LP’s holdings in Brixmor Property Group were worth $7,850,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in BRX. Mather Group LLC. acquired a new position in Brixmor Property Group during the third quarter worth $28,000. Quent Capital LLC acquired a new position in Brixmor Property Group during the third quarter worth approximately $35,000. EverSource Wealth Advisors LLC increased its holdings in shares of Brixmor Property Group by 43.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 557 shares during the last quarter. Avalon Trust Co bought a new position in shares of Brixmor Property Group in the third quarter valued at about $62,000. Finally, Smartleaf Asset Management LLC raised its holdings in Brixmor Property Group by 62.4% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,395 shares of the real estate investment trust’s stock valued at $66,000 after acquiring an additional 920 shares during the period. Institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Trading Up 0.5%

Shares of BRX stock opened at $29.81 on Tuesday. 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 company has a market capitalization of $9.14 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 2.67 and a beta of 1.10. The company has a 50-day simple moving average of $26.95 and a two-hundred day simple moving average of $26.90. Brixmor Property Group Inc. has a 52-week low of $22.28 and a 52-week high of $29.97.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 EPS for the quarter, topping the consensus estimate 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 business had revenue of $353.75 million for the quarter, compared to analyst estimates of $347.42 million. During the same quarter in the previous year, the firm posted $0.53 earnings per share. The company’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 anticipate 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. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.23 annualized dividend and a dividend yield of 4.1%. Brixmor Property Group’s dividend payout ratio is presently 97.62%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday. Piper Sandler lifted their target price on Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Scotiabank lowered their price target on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a report on Wednesday, January 14th. UBS Group raised their price objective on shares of Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Brixmor Property Group in a report on Monday, December 22nd. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $30.70.

Insiders Place Their Bets

In related news, Director Julie Bowerman sold 8,000 shares of the firm’s stock in a transaction that occurred 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 sale, the director directly owned 18,400 shares of the company’s stock, valued at $534,152. This trade represents a 30.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.75% of the stock is owned by corporate insiders.

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.