LSV Asset Management Sells 44,600 Shares of Brixmor Property Group Inc. $BRX

LSV Asset Management decreased its position in Brixmor Property Group Inc. (NYSE:BRX) by 2.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,600,800 shares of the real estate investment trust’s stock after selling 44,600 shares during the quarter. LSV Asset Management’s holdings in Brixmor Property Group were worth $41,973,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Brixmor Property Group in the 4th quarter valued at approximately $42,000. Bayforest Capital Ltd bought a new stake in Brixmor Property Group during the fourth quarter worth approximately $44,000. EverSource Wealth Advisors LLC boosted its position in Brixmor Property Group by 43.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 557 shares during the period. Avalon Trust Co bought a new stake in Brixmor Property Group during the third quarter worth approximately $62,000. Finally, CIBC Private Wealth Group LLC boosted its position in Brixmor Property Group by 695.5% during the third quarter. CIBC Private Wealth Group LLC now owns 2,307 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 2,017 shares during the period. Institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Stock Up 0.0%

BRX opened at $30.85 on Monday. Brixmor Property Group Inc. has a 1-year low of $24.38 and a 1-year high of $31.49. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81. The stock has a market capitalization of $9.46 billion, a price-to-earnings ratio of 21.42, a P/E/G ratio of 2.55 and a beta of 1.00. The business has a 50 day moving average of $29.71 and a 200-day moving average of $27.99.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $349.43 million. During the same period in the prior year, the business earned $0.56 earnings per share. Brixmor Property Group’s revenue for the quarter was up 5.1% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. As a group, sell-side analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd will be given 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 is currently 85.42%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on BRX shares. Stifel Nicolaus upped their target price on Brixmor Property Group from $29.75 to $31.00 and gave the stock a “hold” rating in a research report on Tuesday, April 28th. Evercore raised Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. upped their target price on Brixmor Property Group from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Piper Sandler upped their target price on Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Finally, Truist Financial upped their target price on Brixmor Property Group from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. One equities 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 company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $32.45.

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.