D. E. Shaw & Co. Inc. Has $4.34 Million Stock Position in Brixmor Property Group Inc. (NYSE:BRX)

D. E. Shaw & Co. Inc. raised its position in shares of Brixmor Property Group Inc. (NYSE:BRX) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,739 shares of the real estate investment trust’s stock after purchasing an additional 3,517 shares during the period. D. E. Shaw & Co. Inc. owned approximately 0.05% of Brixmor Property Group worth $4,336,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BRX. Park Avenue Securities LLC raised its position in Brixmor Property Group by 95.0% during the fourth quarter. Park Avenue Securities LLC now owns 25,852 shares of the real estate investment trust’s stock valued at $720,000 after purchasing an additional 12,593 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Brixmor Property Group by 1.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 32,142 shares of the real estate investment trust’s stock worth $895,000 after buying an additional 532 shares in the last quarter. UMB Bank n.a. increased its holdings in shares of Brixmor Property Group by 73.5% during the fourth quarter. UMB Bank n.a. now owns 1,636 shares of the real estate investment trust’s stock worth $46,000 after buying an additional 693 shares in the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of Brixmor Property Group by 67.0% during the fourth quarter. Crossmark Global Holdings Inc. now owns 37,374 shares of the real estate investment trust’s stock worth $1,041,000 after buying an additional 14,995 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in shares of Brixmor Property Group by 840.9% during the fourth quarter. SG Americas Securities LLC now owns 217,433 shares of the real estate investment trust’s stock worth $6,053,000 after buying an additional 194,325 shares in the last quarter. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Brixmor Property Group Stock Performance

NYSE BRX opened at $26.57 on Friday. The company has a market capitalization of $8.13 billion, a price-to-earnings ratio of 23.94, a PEG ratio of 2.66 and a beta of 1.25. Brixmor Property Group Inc. has a twelve month low of $21.32 and a twelve month high of $30.67. The stock has a fifty day simple moving average of $25.43 and a 200 day simple moving average of $26.93. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.79.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The business had revenue of $337.51 million for the quarter, compared to analysts’ expectations of $329.81 million. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.54 earnings per share. Sell-side analysts expect that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 2nd will be given a dividend of $0.2875 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.15 dividend on an annualized basis and a yield of 4.33%. Brixmor Property Group’s dividend payout ratio (DPR) is currently 109.52%.

Analyst Ratings Changes

BRX has been the subject of several research analyst reports. Wells Fargo & Company lowered their price target on shares of Brixmor Property Group from $27.00 to $26.00 and set an “equal weight” rating for the company in a report on Wednesday, March 26th. Jefferies Financial Group upgraded shares of Brixmor Property Group from a “hold” rating to a “buy” rating and upped their price target for the stock from $28.00 to $33.00 in a report on Friday, February 14th. Mizuho lowered their price target on shares of Brixmor Property Group from $31.00 to $29.00 and set a “neutral” rating for the company in a report on Tuesday, February 25th. Evercore ISI upgraded shares of Brixmor Property Group from an “in-line” rating to an “outperform” rating and set a $31.00 price target for the company in a report on Tuesday, February 11th. Finally, 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 Monday, May 12th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $30.40.

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.