Tower Research Capital LLC TRC Has $721,000 Stock Holdings in Brixmor Property Group Inc. (NYSE:BRX)

Tower Research Capital LLC TRC grew its holdings in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 102.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,915 shares of the real estate investment trust's stock after acquiring an additional 13,139 shares during the quarter. Tower Research Capital LLC TRC's holdings in Brixmor Property Group were worth $721,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. MetLife Investment Management LLC grew its position in Brixmor Property Group by 8.6% in the 4th quarter. MetLife Investment Management LLC now owns 179,102 shares of the real estate investment trust's stock worth $4,986,000 after purchasing an additional 14,237 shares during the last quarter. Natixis grew its position in Brixmor Property Group by 439.9% during the fourth quarter. Natixis now owns 412,011 shares of the real estate investment trust's stock worth $11,470,000 after buying an additional 335,697 shares in the last quarter. Capital World Investors acquired a new stake in Brixmor Property Group during the fourth quarter worth about $14,552,000. Dimensional Fund Advisors LP increased its stake in Brixmor Property Group by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,685,872 shares of the real estate investment trust's stock valued at $130,452,000 after acquiring an additional 38,427 shares during the period. Finally, First Trust Advisors LP lifted its position in shares of Brixmor Property Group by 71.8% in the 4th quarter. First Trust Advisors LP now owns 365,784 shares of the real estate investment trust's stock worth $10,183,000 after acquiring an additional 152,818 shares during the period. Institutional investors and hedge funds own 98.43% of the company's stock.

Brixmor Property Group Trading Up 1.0 %

NYSE:BRX traded up $0.27 during trading hours on Friday, hitting $25.69. 508,351 shares of the stock were exchanged, compared to its average volume of 2,461,802. The company's 50 day moving average is $25.75 and its two-hundred day moving average is $27.10. The company has a market capitalization of $7.86 billion, a P/E ratio of 23.14, a price-to-earnings-growth ratio of 2.66 and a beta of 1.30. Brixmor Property Group Inc. has a twelve month low of $21.32 and a twelve month high of $30.67. 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 (NYSE:BRX - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $0.56 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.01. Brixmor Property Group had a return on equity of 11.72% and a net margin of 26.40%. The firm had revenue of $337.51 million during the quarter, compared to analyst estimates of $329.81 million. During the same period last year, the company earned $0.54 earnings per share. The company's revenue was up 5.4% on a year-over-year basis. On average, sell-side analysts anticipate that Brixmor Property Group Inc. will post 2.22 earnings per share for the current fiscal year.

Brixmor Property Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 2nd will be issued a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend is Wednesday, July 2nd. Brixmor Property Group's dividend payout ratio is presently 103.60%.

Analyst Ratings Changes

A number of research analysts recently commented on BRX shares. Stifel Nicolaus cut their target price on Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating for the company in a research note on Tuesday, February 11th. The Goldman Sachs Group decreased their target price on shares of Brixmor Property Group from $33.00 to $29.00 and set a "buy" rating on the stock in a research report on Thursday. Jefferies Financial Group raised shares of Brixmor Property Group from a "hold" rating to a "buy" rating and increased their price target for the stock from $28.00 to $33.00 in a research report on Friday, February 14th. Evercore ISI upgraded Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price objective on the stock in a research note on Tuesday, February 11th. Finally, Mizuho cut their target price on Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating for the company in a research report on Tuesday, February 25th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, Brixmor Property Group has an average rating of "Moderate Buy" and an average target price of $30.48.

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.