AQR Capital Management LLC Boosts Stock Holdings in Brixmor Property Group Inc. (NYSE:BRX)

AQR Capital Management LLC increased its stake in shares of Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 615,358 shares of the real estate investment trust's stock after acquiring an additional 29,289 shares during the quarter. AQR Capital Management LLC owned approximately 0.20% of Brixmor Property Group worth $17,070,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of BRX. V Square Quantitative Management LLC bought a new position in shares of Brixmor Property Group in the fourth quarter worth approximately $26,000. Smartleaf Asset Management LLC increased its position in shares of Brixmor Property Group by 124.9% in the fourth 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 period. Headlands Technologies LLC purchased a new position in shares of Brixmor Property Group in the fourth quarter valued at about $26,000. UMB Bank n.a. increased its position in shares of Brixmor Property Group by 73.5% in the fourth quarter. UMB Bank n.a. now owns 1,636 shares of the real estate investment trust's stock valued at $46,000 after acquiring an additional 693 shares during the period. Finally, Quarry LP raised its stake in shares of Brixmor Property Group by 39.0% during the fourth quarter. Quarry LP now owns 1,901 shares of the real estate investment trust's stock valued at $53,000 after acquiring an additional 533 shares during the last quarter. 98.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Stifel Nicolaus reduced their price target on Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating on the stock in a report on Tuesday, February 11th. Wells Fargo & Company decreased their target price on Brixmor Property Group from $27.00 to $26.00 and set an "equal weight" rating for the company in a report on Wednesday, March 26th. Scotiabank dropped their price target on 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. The Goldman Sachs Group reduced their price objective 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, May 1st. Finally, Mizuho cut their target price on shares of Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 25th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $30.48.

Brixmor Property Group Stock Performance

Shares of NYSE:BRX traded up $0.06 during mid-day trading on Friday, reaching $25.17. 1,594,488 shares of the company traded hands, compared to its average volume of 2,192,177. Brixmor Property Group Inc. has a 52 week low of $21.32 and a 52 week high of $30.67. The firm has a market cap of $7.70 billion, a PE ratio of 22.68, a PEG ratio of 2.66 and a beta of 1.25. The company's 50 day moving average price is $25.47 and its 200-day moving average price is $26.99. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.16 and a quick ratio of 1.16.

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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.01. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. The firm had revenue of $337.51 million during the quarter, compared to analysts' expectations of $329.81 million. During the same period in the prior year, the company posted $0.54 earnings per share. The company's revenue for the quarter was up 5.4% compared to the same quarter last year. On average, equities analysts expect that Brixmor Property Group Inc. will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Wednesday, July 2nd will be paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date is Wednesday, July 2nd. Brixmor Property Group's dividend payout ratio (DPR) is 109.52%.

About Brixmor Property Group

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.