Brixmor Property Group Inc. $BRX Stock Holdings Decreased by Pacer Advisors Inc.

Pacer Advisors Inc. lowered its stake in Brixmor Property Group Inc. (NYSE:BRX) by 32.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 36,605 shares of the real estate investment trust’s stock after selling 17,255 shares during the period. Pacer Advisors Inc.’s holdings in Brixmor Property Group were worth $960,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Quent Capital LLC bought a new stake in shares of Brixmor Property Group during the 3rd quarter valued at about $35,000. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Brixmor Property Group during the 4th quarter valued at about $42,000. Bayforest Capital Ltd bought a new stake in shares of Brixmor Property Group during the 4th quarter valued at about $44,000. EverSource Wealth Advisors LLC grew its position in shares of Brixmor Property Group by 43.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 557 shares during the last quarter. Finally, Avalon Trust Co bought a new stake in shares of Brixmor Property Group during the 3rd quarter valued at about $62,000. Institutional investors own 98.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday, February 20th. Scotiabank boosted their target price on shares of Brixmor Property Group from $29.00 to $33.00 and gave the company a “sector outperform” rating in a research note on Tuesday, March 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a research note on Monday, May 4th. Truist Financial boosted their target price on shares of Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Finally, Wells Fargo & Company boosted their target price on shares of Brixmor Property Group from $28.00 to $32.00 and gave the company an “equal weight” rating in a research note on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $32.18.

Brixmor Property Group Trading Up 0.6%

Shares of NYSE:BRX opened at $29.53 on Friday. The company has a 50 day moving average of $29.70 and a 200-day moving average of $27.85. The firm has a market cap of $9.06 billion, a P/E ratio of 20.51, a P/E/G ratio of 2.43 and a beta of 1.00. Brixmor Property Group Inc. has a twelve month low of $24.38 and a twelve month high of $31.49. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 31.99% and a return on equity of 14.85%. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior 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, analysts anticipate that Brixmor Property Group Inc. will post 2.36 earnings per share for the current fiscal year.

Brixmor Property Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd will be paid a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio is currently 85.42%.

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.