Cbre Investment Management Listed Real Assets LLC Acquires 817,572 Shares of Brixmor Property Group Inc. $BRX

Cbre Investment Management Listed Real Assets LLC raised its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 18.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,341,006 shares of the real estate investment trust’s stock after buying an additional 817,572 shares during the period. Brixmor Property Group comprises approximately 2.1% of Cbre Investment Management Listed Real Assets LLC’s investment portfolio, making the stock its 15th biggest holding. Cbre Investment Management Listed Real Assets LLC’s holdings in Brixmor Property Group were worth $140,041,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of BRX. 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 valued at $26,000 after buying an additional 495 shares during the period. Atlantic Edge Private Wealth Management LLC bought a new stake in Brixmor Property Group in the fourth quarter valued at approximately $42,000. Bayforest Capital Ltd bought a new position in shares of Brixmor Property Group during the fourth quarter worth approximately $44,000. EverSource Wealth Advisors LLC increased its stake in shares of Brixmor Property Group by 43.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 557 shares during the period. Finally, Avalon Trust Co bought a new position in shares of Brixmor Property Group during the third quarter worth approximately $62,000. Institutional investors own 98.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. KeyCorp increased their target price 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. JPMorgan Chase & Co. increased their target price on Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. Evercore upgraded Brixmor Property Group to a “strong-buy” rating in a research note on Wednesday, April 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Brixmor Property Group in a research note on Monday, May 4th. Finally, Wells Fargo & Company increased their target price on Brixmor Property Group from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $32.64.

Brixmor Property Group Trading Down 1.5%

Shares of NYSE:BRX opened at $30.10 on Tuesday. The company has a market capitalization of $9.23 billion, a P/E ratio of 20.90, a P/E/G ratio of 2.53 and a beta of 1.00. Brixmor Property Group Inc. has a 1 year low of $24.66 and a 1 year high of $31.49. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.31 and a quick ratio of 1.31. The business’s 50 day simple moving average is $29.84 and its 200 day simple moving average is $28.17.

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 (EPS) for the quarter, topping analysts’ consensus estimates 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 firm’s quarterly revenue was up 5.1% compared to the same quarter last year. 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 2.340-2.37 EPS. On average, research analysts anticipate that Brixmor Property Group Inc. will post 2.36 EPS for the current fiscal year.

Brixmor Property Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd will be issued a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio (DPR) 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.