SG Americas Securities LLC Acquires 779,598 Shares of Brixmor Property Group Inc. $BRX

SG Americas Securities LLC boosted its holdings in shares of Brixmor Property Group Inc. (NYSE:BRX) by 69.3% in the first quarter, HoldingsChannel reports. The firm owned 1,905,232 shares of the real estate investment trust’s stock after acquiring an additional 779,598 shares during the period. SG Americas Securities LLC’s holdings in Brixmor Property Group were worth $54,871,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in shares of Brixmor Property Group by 39.9% during the first quarter. Royal Bank of Canada now owns 203,615 shares of the real estate investment trust’s stock worth $5,405,000 after purchasing an additional 58,058 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Brixmor Property Group by 5.6% in the first 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 buying an additional 89,827 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in 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 worth $48,000 after buying an additional 557 shares in the last quarter. Marshall Wace LLP acquired a new position in Brixmor Property Group during the 2nd quarter worth about $6,048,000. Finally, Gamco Investors INC. ET AL bought a new stake in Brixmor Property Group during the 2nd quarter worth about $435,000. Institutional investors own 98.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BRX. Wells Fargo & Company raised their price objective on shares of Brixmor Property Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. Truist Financial upped their target price on shares of Brixmor Property Group from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Stifel Nicolaus increased their price target on shares of Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a research note on Tuesday, April 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a report on Monday, May 4th. Finally, BMO Capital Markets boosted their price objective on shares of Brixmor Property Group from $35.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $33.00.

Brixmor Property Group Trading Up 0.8%

Shares of BRX opened at $31.14 on Tuesday. The stock’s fifty day simple moving average is $30.55 and its 200-day simple moving average is $28.71. The firm has a market capitalization of $9.56 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.59 and a beta of 0.98. Brixmor Property Group Inc. has a 12-month low of $24.66 and a 12-month high of $32.80. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.81.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.16. The firm had revenue of $354.82 million during the quarter, compared to analyst estimates of $349.43 million. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The company’s revenue was up 5.1% on a year-over-year basis. During the same period last year, the company earned $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. As a group, research analysts predict that Brixmor Property Group Inc. will post 2.36 earnings per share for the current year.

Brixmor Property Group Announces Dividend

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 given a dividend of $0.3075 per share. The ex-dividend date is Thursday, July 2nd. This represents a $1.23 annualized dividend and a dividend yield of 3.9%. Brixmor Property Group’s payout ratio is currently 85.42%.

Brixmor Property Group Profile

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.