UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stake in Brixmor Property Group Inc. $BRX

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 1.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,103,546 shares of the real estate investment trust’s stock after selling 35,536 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.69% of Brixmor Property Group worth $66,325,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Brixmor Property Group in the first quarter valued at about $26,000. Jones Financial Companies Lllp acquired a new position in Brixmor Property Group during the second quarter worth about $29,000. Allworth Financial LP purchased a new position in Brixmor Property Group in the second quarter valued at about $29,000. Clearstead Advisors LLC increased its holdings 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 valued at $26,000 after buying an additional 495 shares in the last quarter. Finally, Loomis Sayles & Co. L P lifted its position in shares of 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 during the period. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Wells Fargo & Company raised Brixmor Property Group to a “hold” rating in a research note on Thursday, July 23rd. UBS Group lifted their price objective on Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a report on Friday, July 31st. Truist Financial upped their target price on Brixmor Property Group from $32.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Finally, Citigroup raised their price target 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. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Brixmor Property Group has an average rating of “Moderate Buy” and a consensus target price of $34.33.

Brixmor Property Group Trading Up 0.4%

Shares of BRX opened at $29.39 on Thursday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.82 and a quick ratio of 0.82. Brixmor Property Group Inc. has a 1-year low of $24.66 and a 1-year high of $32.86. The stock has a market cap of $9.02 billion, a price-to-earnings ratio of 20.99, a price-to-earnings-growth ratio of 2.22 and a beta of 0.97. The firm has a 50 day simple moving average of $30.85 and a 200-day simple moving average of $30.38.

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

Brixmor Property Group Announces Dividend

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

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.