Brixmor Property Group Inc. $BRX Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its holdings in shares of Brixmor Property Group Inc. (NYSE:BRX) by 44.0% during the first quarter, Holdings Channel reports. The fund owned 1,185,473 shares of the real estate investment trust’s stock after purchasing an additional 362,241 shares during the quarter. Hsbc Holdings PLC’s holdings in Brixmor Property Group were worth $34,181,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Resona Asset Management Co. Ltd. grew its stake in Brixmor Property Group by 5.6% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 135,680 shares of the real estate investment trust’s stock valued at $3,895,000 after purchasing an additional 7,148 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Brixmor Property Group by 3.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 62,835 shares of the real estate investment trust’s stock valued at $1,810,000 after buying an additional 2,000 shares during the last quarter. DGS Capital Management LLC acquired a new stake in shares of Brixmor Property Group during the first quarter worth approximately $317,000. Praxis Investment Management Inc. increased its stake in shares of Brixmor Property Group by 38.4% in the first quarter. Praxis Investment Management Inc. now owns 11,669 shares of the real estate investment trust’s stock worth $336,000 after buying an additional 3,239 shares during the last quarter. Finally, QRG Capital Management Inc. increased its stake in shares of Brixmor Property Group by 23.5% in the first quarter. QRG Capital Management Inc. now owns 13,374 shares of the real estate investment trust’s stock worth $385,000 after buying an additional 2,548 shares during the last quarter. Institutional investors and hedge funds own 98.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Brixmor Property Group in a research note on Monday, May 4th. UBS Group upped their target price on shares of Brixmor Property Group from $34.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Jefferies Financial Group raised shares of Brixmor Property Group to a “strong-buy” rating in a research report on Friday, June 26th. KeyCorp lifted 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. Finally, Wells Fargo & Company boosted their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $33.25.

Brixmor Property Group Price Performance

BRX opened at $32.39 on Tuesday. 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’s 50-day moving average price is $31.11 and its 200 day moving average price is $29.53. Brixmor Property Group Inc. has a fifty-two week low of $24.66 and a fifty-two week high of $32.80. The firm has a market cap of $9.94 billion, a price-to-earnings ratio of 22.49, a price-to-earnings-growth ratio of 2.73 and a beta of 0.98.

Brixmor Property Group (NYSE:BRX) last posted 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 company had revenue of $354.82 million during the quarter, compared to analyst estimates of $349.43 million. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The business’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. As a group, sell-side analysts expect that Brixmor Property Group Inc. will post 2.36 earnings per share for the current year.

Brixmor Property Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd were given a $0.3075 dividend. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $1.23 annualized dividend and a yield of 3.8%. Brixmor Property Group’s dividend payout ratio (DPR) is currently 85.42%.

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.