Hsbc Holdings PLC Boosts Holdings in Brixmor Property Group Inc. $BRX

Hsbc Holdings PLC raised its position in shares of Brixmor Property Group Inc. (NYSE:BRX) by 77.3% during the fourth quarter, HoldingsChannel reports. The fund owned 823,232 shares of the real estate investment trust’s stock after acquiring an additional 359,006 shares during the quarter. Hsbc Holdings PLC’s holdings in Brixmor Property Group were worth $21,575,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in BRX. Vanguard Group Inc. lifted its holdings in shares of Brixmor Property Group by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 44,986,376 shares of the real estate investment trust’s stock worth $1,179,543,000 after acquiring an additional 198,567 shares during the last quarter. State Street Corp grew its holdings in Brixmor Property Group by 0.5% during the 2nd quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock valued at $408,813,000 after purchasing an additional 81,497 shares during the last quarter. Centersquare Investment Management LLC raised its position in Brixmor Property Group by 22.5% in the 4th quarter. Centersquare Investment Management LLC now owns 12,384,526 shares of the real estate investment trust’s stock worth $324,722,000 after purchasing an additional 2,275,242 shares during the period. Franklin Resources Inc. raised its position in Brixmor Property Group by 0.4% in the 3rd quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock worth $338,747,000 after purchasing an additional 51,778 shares during the period. Finally, Invesco Ltd. lifted its stake in Brixmor Property Group by 6.8% in the third quarter. Invesco Ltd. now owns 8,036,728 shares of the real estate investment trust’s stock worth $222,457,000 after purchasing an additional 511,976 shares during the last quarter. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BRX. Scotiabank boosted their target price on Brixmor Property Group from $29.00 to $33.00 and gave the company a “sector outperform” rating in a research report on Tuesday, March 24th. Stifel Nicolaus increased their price target on Brixmor Property Group from $29.75 to $31.00 and gave the stock a “hold” rating in a report on Tuesday, April 28th. UBS Group raised their price target on Brixmor Property Group from $31.00 to $34.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Wells Fargo & Company boosted their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Tuesday, May 26th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brixmor Property Group in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.00.

Brixmor Property Group Price Performance

Shares of BRX stock opened at $32.00 on Thursday. The company’s 50-day simple moving average is $30.64 and its two-hundred day simple moving average is $28.80. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.31 and a quick ratio of 1.31. Brixmor Property Group Inc. has a one year low of $24.66 and a one year high of $32.80. The company has a market capitalization of $9.82 billion, a P/E ratio of 22.22, a P/E/G ratio of 2.67 and a beta of 0.98.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.16. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The firm had revenue of $354.82 million during the quarter, compared to analyst estimates of $349.43 million. During the same quarter in the previous year, the business earned $0.56 earnings per share. Brixmor Property Group’s quarterly revenue was up 5.1% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. As a group, equities analysts anticipate that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd will be issued a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio is currently 85.42%.

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.