Brixmor Property Group Inc. $BRX Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its position in Brixmor Property Group Inc. (NYSE:BRX) by 23.6% in the fourth quarter, Holdings Channel reports. The firm owned 131,304 shares of the real estate investment trust’s stock after acquiring an additional 25,100 shares during the period. Handelsbanken Fonder AB’s holdings in Brixmor Property Group were worth $3,443,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in BRX. Royal Bank of Canada boosted its position in shares of Brixmor Property Group by 39.9% in the 1st quarter. Royal Bank of Canada now owns 203,615 shares of the real estate investment trust’s stock valued at $5,405,000 after purchasing an additional 58,058 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Brixmor Property Group by 5.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,703,625 shares of the real estate investment trust’s stock valued at $45,231,000 after purchasing an additional 89,827 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Brixmor Property Group by 43.6% in 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 purchasing an additional 557 shares during the period. Marshall Wace LLP acquired a new stake in shares of Brixmor Property Group in the 2nd quarter valued at about $6,048,000. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Brixmor Property Group in the 2nd quarter valued at about $435,000. 98.43% of the stock is owned by institutional investors and hedge funds.

Brixmor Property Group Trading Down 0.0%

Shares of BRX stock opened at $30.85 on Friday. The business’s 50 day moving average is $29.71 and its two-hundred day moving average is $27.98. Brixmor Property Group Inc. has a twelve month low of $24.38 and a twelve month high of $31.49. The company has a market capitalization of $9.46 billion, a P/E ratio of 21.42, a price-to-earnings-growth ratio of 2.55 and a beta of 1.00. 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 announced its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.16. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The company had revenue of $354.82 million for the quarter, compared to the consensus estimate of $349.43 million. During the same period last year, the business posted $0.56 EPS. The company’s revenue was up 5.1% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. Equities analysts forecast that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd will be issued a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is currently 85.42%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on BRX shares. KeyCorp lifted their target price on Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Truist Financial lifted their target price on Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Stifel Nicolaus lifted their target price on Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a research note on Tuesday, April 28th. Evercore upgraded Brixmor Property Group to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Piper Sandler lifted their target price on Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $32.45.

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.