Brixmor Property Group Inc. (NYSE:BRX) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lessened its stake in shares of Brixmor Property Group Inc. (NYSE:BRX) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,106 shares of the real estate investment trust’s stock after selling 448 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Brixmor Property Group were worth $254,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new position in Brixmor Property Group during the fourth quarter valued at about $26,000. Smartleaf Asset Management LLC lifted its holdings in Brixmor Property Group by 124.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 938 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 521 shares during the last quarter. Quarry LP boosted its position in shares of Brixmor Property Group by 36.3% during the 3rd quarter. Quarry LP now owns 1,368 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 364 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Brixmor Property Group by 73.5% in the 4th quarter. UMB Bank n.a. now owns 1,636 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 693 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in shares of Brixmor Property Group by 140.9% in the 4th quarter. Venturi Wealth Management LLC now owns 1,949 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 1,140 shares in the last quarter. Institutional investors own 98.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Mizuho decreased their price target on shares of Brixmor Property Group from $31.00 to $29.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 25th. Evercore ISI upgraded Brixmor Property Group from an “in-line” rating to an “outperform” rating and set a $31.00 price target for the company in a research report on Tuesday, February 11th. Jefferies Financial Group raised Brixmor Property Group from a “hold” rating to a “buy” rating and lifted their price target for the stock from $28.00 to $33.00 in a research note on Friday, February 14th. Scotiabank reduced their price objective on shares of Brixmor Property Group from $32.00 to $30.00 and set a “sector outperform” rating for the company in a research note on Friday, February 28th. Finally, Stifel Nicolaus lowered their price objective on shares of Brixmor Property Group from $31.75 to $31.25 and set a “hold” rating on the stock in a research report on Tuesday, February 11th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $30.48.

Brixmor Property Group Trading Up 7.6 %

Shares of BRX stock opened at $24.81 on Thursday. The business’s 50 day moving average is $26.31 and its two-hundred day moving average is $27.34. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.79. Brixmor Property Group Inc. has a 12 month low of $20.80 and a 12 month high of $30.67. The company has a market cap of $7.59 billion, a PE ratio of 22.35, a price-to-earnings-growth ratio of 2.66 and a beta of 1.30.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.31. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. Equities analysts predict 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 Tuesday, April 15th. Shareholders of record on Wednesday, April 2nd will be paid a dividend of $0.2875 per share. This is a boost from Brixmor Property Group’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.15 dividend on an annualized basis and a yield of 4.64%. Brixmor Property Group’s dividend payout ratio (DPR) is currently 103.60%.

Brixmor Property Group 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.