72,885 Shares in Brixmor Property Group Inc. (NYSE:BRX) Acquired by Nomura Holdings Inc.

Nomura Holdings Inc. bought a new position in shares of Brixmor Property Group Inc. (NYSE:BRX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 72,885 shares of the real estate investment trust’s stock, valued at approximately $2,029,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. US Bancorp DE increased its holdings in shares of Brixmor Property Group by 5.3% in the 4th quarter. US Bancorp DE now owns 8,064 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 405 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Brixmor Property Group by 0.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 61,435 shares of the real estate investment trust’s stock worth $1,710,000 after buying an additional 434 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Brixmor Property Group by 5.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 8,761 shares of the real estate investment trust’s stock worth $244,000 after buying an additional 441 shares during the last quarter. CIBC Asset Management Inc increased its holdings in shares of Brixmor Property Group by 5.8% in the 4th quarter. CIBC Asset Management Inc now owns 9,363 shares of the real estate investment trust’s stock worth $261,000 after buying an additional 511 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Brixmor Property Group by 124.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 938 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 521 shares during the last quarter. Institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Price Performance

Shares of Brixmor Property Group stock opened at $26.57 on Friday. The firm has a market cap of $8.13 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 2.66 and a beta of 1.25. Brixmor Property Group Inc. has a 12-month low of $21.32 and a 12-month high of $30.67. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.79. The company’s fifty day simple moving average is $25.43 and its two-hundred day simple moving average is $26.94.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. The business had revenue of $337.51 million for the quarter, compared to analyst estimates of $329.81 million. During the same quarter last year, the firm earned $0.54 EPS. The company’s revenue was up 5.4% on a year-over-year basis. As a group, equities analysts expect that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Wednesday, July 2nd will be given a $0.2875 dividend. The ex-dividend date is Wednesday, July 2nd. This represents a $1.15 annualized dividend and a dividend yield of 4.33%. Brixmor Property Group’s dividend payout ratio is 109.52%.

Analysts Set New Price Targets

A number of brokerages have recently commented on BRX. Mizuho decreased their price target on shares of Brixmor Property Group from $31.00 to $29.00 and set a “neutral” rating on the stock in a report on Tuesday, February 25th. Evercore ISI raised shares of Brixmor Property Group from an “in-line” rating to an “outperform” rating and set a $31.00 price objective for the company in a research note on Tuesday, February 11th. The Goldman Sachs Group cut their price objective on shares of Brixmor Property Group from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Thursday, May 1st. Scotiabank cut their price objective on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a research note on Monday, May 12th. Finally, Wells Fargo & Company cut their price objective on shares of Brixmor Property Group from $27.00 to $26.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 26th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $30.40.

About Brixmor Property Group

Brixmor Property Group, Inc operates as a real estate investment trust, which engages in owning and operating a portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.