Susquehanna International Group LLP Grows Holdings in Brixmor Property Group Inc. $BRX

Susquehanna International Group LLP lifted its stake in Brixmor Property Group Inc. (NYSE:BRX) by 148.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 34,160 shares of the real estate investment trust’s stock after acquiring an additional 20,385 shares during the quarter. Susquehanna International Group LLP’s holdings in Brixmor Property Group were worth $1,077,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in BRX. Clearstead Advisors LLC increased its holdings in Brixmor Property Group by 96.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 495 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Brixmor Property Group in the first quarter valued at $26,000. Jones Financial Companies Lllp purchased a new stake in shares of Brixmor Property Group in the 2nd quarter valued at $29,000. Allworth Financial LP purchased a new stake in shares of Brixmor Property Group in the 2nd quarter valued at $29,000. Finally, Loomis Sayles & Co. L P lifted its stake in Brixmor Property Group by 1,215.1% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 1,130 shares in the last quarter. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Trading Up 0.1%

Shares of NYSE:BRX opened at $29.19 on Monday. Brixmor Property Group Inc. has a 52 week low of $24.66 and a 52 week high of $32.86. The company’s 50 day moving average is $31.00 and its two-hundred day moving average is $30.37. The company has a market cap of $8.96 billion, a PE ratio of 20.85, a P/E/G ratio of 2.21 and a beta of 0.98. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.76.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.34). The firm had revenue of $354.20 million for the quarter, compared to analysts’ expectations of $354.39 million. Brixmor Property Group had a return on equity of 14.38% and a net margin of 30.82%.Brixmor Property Group’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm posted $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. Equities analysts predict that Brixmor Property Group Inc. will post 2.36 earnings per share for the current fiscal year.

Brixmor Property Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be given a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, October 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is 87.86%.

Analysts Set New Price Targets

Several analysts have recently issued reports on BRX shares. Piper Sandler increased their price target on shares of Brixmor Property Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Jefferies Financial Group raised shares of Brixmor Property Group to a “strong-buy” rating in a research note on Friday, June 26th. UBS Group increased their target price on shares of Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Wells Fargo & Company upgraded shares of Brixmor Property Group to a “hold” rating in a research note on Thursday, July 23rd. Finally, KeyCorp upped their price objective on Brixmor Property Group from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.33.

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.