Knights of Columbus Asset Advisors LLC Sells 21,626 Shares of Brixmor Property Group Inc. $BRX

Knights of Columbus Asset Advisors LLC cut its holdings in shares of Brixmor Property Group Inc. (NYSE:BRX) by 35.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 38,591 shares of the real estate investment trust’s stock after selling 21,626 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Brixmor Property Group were worth $1,012,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bayhunt Capital LLC bought a new position in shares of Brixmor Property Group in the 4th quarter worth approximately $14,793,000. Franklin Resources Inc. boosted its position in shares of Brixmor Property Group by 0.4% during the third quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock valued at $338,747,000 after purchasing an additional 51,778 shares in the last quarter. Elo Mutual Pension Insurance Co grew its stake in Brixmor Property Group by 194.8% in the third quarter. Elo Mutual Pension Insurance Co now owns 58,402 shares of the real estate investment trust’s stock worth $1,617,000 after purchasing an additional 38,590 shares during the period. Cbre Investment Management Listed Real Assets LLC grew its stake in Brixmor Property Group by 7.3% in the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 4,523,434 shares of the real estate investment trust’s stock worth $125,209,000 after purchasing an additional 306,342 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its holdings in Brixmor Property Group by 253.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 509,625 shares of the real estate investment trust’s stock worth $13,230,000 after purchasing an additional 365,535 shares in the last quarter. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Price Performance

Shares of NYSE BRX opened at $30.79 on Friday. The firm has a market cap of $9.45 billion, a P/E ratio of 21.38, a PEG ratio of 2.56 and a beta of 1.00. Brixmor Property Group Inc. has a twelve month low of $24.66 and a twelve month high of $31.49. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.81. The company has a 50 day moving average of $29.81 and a 200 day moving average of $28.12.

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

Brixmor Property Group Announces Dividend

The firm also recently disclosed 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 annualized dividend and a dividend yield of 4.0%. Brixmor Property Group’s dividend payout ratio (DPR) is 85.42%.

Wall Street Analyst Weigh In

BRX has been the subject of several recent research reports. Stifel Nicolaus raised their price objective on Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a research report on Tuesday, April 28th. Evercore upgraded shares of Brixmor Property Group to a “strong-buy” rating in a research note on Wednesday, April 29th. Wells Fargo & Company lifted their price target on shares of Brixmor Property Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday. Scotiabank boosted their price objective on shares of Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, March 24th. Finally, UBS Group upped their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $32.64.

Brixmor Property Group 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.