AQR Capital Management LLC Has $17.07 Million Stock Position in Brixmor Property Group Inc. (NYSE:BRX)

AQR Capital Management LLC boosted its holdings in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 5.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 615,358 shares of the real estate investment trust's stock after purchasing an additional 29,289 shares during the period. AQR Capital Management LLC owned about 0.20% of Brixmor Property Group worth $17,070,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Park Avenue Securities LLC raised its stake in Brixmor Property Group by 95.0% during the fourth quarter. Park Avenue Securities LLC now owns 25,852 shares of the real estate investment trust's stock valued at $720,000 after buying an additional 12,593 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Brixmor Property Group in the fourth quarter worth about $620,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Brixmor Property Group by 38.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 218,145 shares of the real estate investment trust's stock valued at $6,073,000 after acquiring an additional 60,567 shares during the period. Invesco Ltd. grew its holdings in shares of Brixmor Property Group by 61.1% during the fourth quarter. Invesco Ltd. now owns 5,748,492 shares of the real estate investment trust's stock valued at $160,038,000 after purchasing an additional 2,180,541 shares during the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in shares of Brixmor Property Group during the 4th quarter worth approximately $1,699,000. 98.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BRX. Wells Fargo & Company dropped their price objective on shares of Brixmor Property Group from $27.00 to $26.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 26th. Scotiabank lowered their target price on Brixmor Property Group from $32.00 to $30.00 and set a "sector outperform" rating on the stock in a research report on Friday, February 28th. 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. Mizuho cut their price objective 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. Finally, Jefferies Financial Group upgraded shares of Brixmor Property Group from a "hold" rating to a "buy" rating and increased their target price for the company from $28.00 to $33.00 in a research report on Friday, February 14th. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $30.48.

Brixmor Property Group Trading Down 0.6 %

Shares of NYSE:BRX traded down $0.16 during midday trading on Thursday, reaching $25.11. The company had a trading volume of 2,138,090 shares, compared to its average volume of 2,184,786. The company has a fifty day simple moving average of $25.57 and a two-hundred day simple moving average of $27.03. The firm has a market cap of $7.69 billion, a price-to-earnings ratio of 22.63, a price-to-earnings-growth ratio of 2.66 and a beta of 1.25. Brixmor Property Group Inc. has a 1-year low of $21.32 and a 1-year high of $30.67. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.16 and a current ratio of 1.16.

Brixmor Property Group (NYSE:BRX - Get Free Report) last announced its earnings results on Monday, April 28th. The real estate investment trust reported $0.56 EPS for the quarter, topping the consensus estimate 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 company had revenue of $337.51 million during the quarter, compared to analysts' expectations of $329.81 million. During the same period last year, the company posted $0.54 earnings per share. The business's revenue for the quarter was up 5.4% on a year-over-year basis. Research analysts predict that Brixmor Property Group Inc. will post 2.22 earnings per share for the current year.

Brixmor Property Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Wednesday, July 2nd will be issued a dividend of $0.2875 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.58%. Brixmor Property Group's dividend payout ratio is 109.52%.

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.