Natixis Advisors LLC Acquires 40,145 Shares of Brixmor Property Group Inc. $BRX

Natixis Advisors LLC grew its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 31.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 166,328 shares of the real estate investment trust’s stock after purchasing an additional 40,145 shares during the quarter. Natixis Advisors LLC’s holdings in Brixmor Property Group were worth $4,361,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Parallel Advisors LLC grew its position in Brixmor Property Group by 17.4% in the third quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock worth $74,000 after acquiring an additional 398 shares in the last quarter. Quadrant Capital Group LLC grew its position in Brixmor Property Group by 2.5% in the third quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock worth $534,000 after acquiring an additional 465 shares in the last quarter. Clearstead Advisors LLC grew its position in Brixmor Property Group by 96.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 495 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Brixmor Property Group by 43.6% in the second 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 in the last quarter. Finally, M&G PLC grew its position in Brixmor Property Group by 8.2% in the third quarter. M&G PLC now owns 7,875 shares of the real estate investment trust’s stock worth $220,000 after acquiring an additional 596 shares in the last quarter. 98.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on BRX. Truist Financial boosted their target price on shares of Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. UBS Group boosted their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a research report on Monday, May 4th. JPMorgan Chase & Co. boosted their target price on shares of Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Finally, Evercore raised shares of Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.64.

Brixmor Property Group Trading Down 0.1%

Shares of BRX stock opened at $30.96 on Tuesday. Brixmor Property Group Inc. has a 1 year low of $24.66 and a 1 year high of $31.49. The firm’s fifty day simple moving average is $30.02 and its 200 day simple moving average is $28.32. The firm has a market capitalization of $9.50 billion, a P/E ratio of 21.50, a price-to-earnings-growth ratio of 2.56 and a beta of 0.99. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81.

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

Brixmor Property Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, July 2nd will be given a dividend of $0.3075 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.23 dividend on an annualized basis and a yield of 4.0%. Brixmor Property Group’s payout ratio is 85.42%.

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.