Universal Beteiligungs und Servicegesellschaft mbH Has $16.48 Million Position in Brixmor Property Group Inc. $BRX

Universal Beteiligungs und Servicegesellschaft mbH lowered its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 1.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 633,040 shares of the real estate investment trust’s stock after selling 7,481 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.21% of Brixmor Property Group worth $16,484,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of BRX. Smartleaf Asset Management LLC lifted its stake in shares of Brixmor Property Group by 53.1% in the first quarter. Smartleaf Asset Management LLC now owns 1,436 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 498 shares during the last quarter. Brooklyn Investment Group raised its holdings in Brixmor Property Group by 146.4% in the 1st quarter. Brooklyn Investment Group now owns 1,604 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 953 shares during the period. SVB Wealth LLC acquired a new position in Brixmor Property Group during the 1st quarter worth $44,000. Avalon Trust Co acquired a new position in Brixmor Property Group during the 1st quarter worth $59,000. Finally, Parallel Advisors LLC boosted its holdings in Brixmor Property Group by 40.2% during the second quarter. Parallel Advisors LLC now owns 2,283 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 655 shares during the period. Institutional investors own 98.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on BRX shares. Mizuho lifted their price objective on Brixmor Property Group from $29.00 to $30.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 20th. Scotiabank dropped their price target on Brixmor Property Group from $31.00 to $30.00 and set a “sector outperform” rating on the stock in a research report on Thursday, November 13th. Stifel Nicolaus cut their price target on Brixmor Property Group from $29.50 to $29.00 and set a “hold” rating for the company in a report on Tuesday, July 29th. Wells Fargo & Company started coverage on Brixmor Property Group in a research report on Tuesday, October 21st. They issued an “equal weight” rating and a $28.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Brixmor Property Group in a research report on Wednesday, October 8th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.45.

Insider Activity

In other news, insider Steven F. Siegel sold 25,000 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $28.21, for a total value of $705,250.00. Following the completion of the transaction, the insider owned 302,657 shares in the company, valued at approximately $8,537,953.97. This represents a 7.63% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.75% of the company’s stock.

Brixmor Property Group Trading Up 0.7%

Brixmor Property Group stock opened at $26.14 on Wednesday. The business has a 50 day moving average price of $27.12 and a two-hundred day moving average price of $26.45. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.85. Brixmor Property Group Inc. has a 12 month low of $22.28 and a 12 month high of $30.67. The stock has a market cap of $8.00 billion, a price-to-earnings ratio of 23.98, a price-to-earnings-growth ratio of 2.46 and a beta of 1.31.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $0.56 earnings per share for the quarter, hitting the consensus estimate of $0.56. The company had revenue of $340.84 million for the quarter, compared to analyst estimates of $335.23 million. Brixmor Property Group had a return on equity of 11.22% and a net margin of 24.70%.Brixmor Property Group’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.52 EPS. Brixmor Property Group has set its FY 2025 guidance at 2.23-2.250 EPS. As a group, equities analysts forecast that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, January 5th will be issued a $0.3075 dividend. This is a boost from Brixmor Property Group’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Monday, January 5th. This represents a $1.23 annualized dividend and a yield of 4.7%. Brixmor Property Group’s payout ratio is presently 105.50%.

Brixmor Property Group Company Profile

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.