Quantbot Technologies LP Invests $3.86 Million in Brixmor Property Group Inc. $BRX

Quantbot Technologies LP bought a new stake in shares of Brixmor Property Group Inc. (NYSE:BRX) during the second quarter, Holdings Channel.com reports. The fund bought 122,390 shares of the real estate investment trust’s stock, valued at approximately $3,859,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Clearstead Advisors LLC raised its stake 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 buying an additional 495 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new stake in Brixmor Property Group in the first quarter worth about $26,000. Allworth Financial LP bought a new stake in Brixmor Property Group during the 2nd quarter valued at approximately $29,000. Loomis Sayles & Co. L P boosted its position in Brixmor Property Group by 1,215.1% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 1,130 shares in the last quarter. Finally, SHP Wealth Management purchased a new position in shares of Brixmor Property Group during the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Price Performance

Shares of Brixmor Property Group stock opened at $29.31 on Monday. The company has a 50-day simple moving average of $31.19 and a two-hundred day simple moving average of $30.31. The stock has a market capitalization of $8.99 billion, a PE ratio of 20.94, a price-to-earnings-growth ratio of 2.22 and a beta of 0.98. Brixmor Property Group Inc. has a 52-week low of $24.66 and a 52-week high of $32.86. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.82 and a current ratio of 0.82.

Brixmor Property Group (NYSE:BRX) last issued its earnings results on Monday, July 27th. The real estate investment trust reported $0.24 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.34). The business had revenue of $354.20 million for the quarter, compared to analysts’ expectations of $354.39 million. Brixmor Property Group had a net margin of 30.82% and a return on equity of 14.38%. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. On average, analysts anticipate that Brixmor Property Group Inc. will post 2.36 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be given a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, October 2nd. Brixmor Property Group’s payout ratio is 87.86%.

Wall Street Analyst Weigh In

BRX has been the subject of several research reports. Wells Fargo & Company raised Brixmor Property Group to a “hold” rating in a research report on Thursday, July 23rd. UBS Group lifted their price target on Brixmor Property Group from $34.00 to $37.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. KeyCorp upped their price target on Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Citigroup raised their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Finally, Jefferies Financial Group upgraded shares of Brixmor Property Group to a “strong-buy” rating in a report on Friday, June 26th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $34.33.

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.