Captrust Financial Advisors Has $64.20 Million Stock Holdings in Brixmor Property Group Inc. (NYSE:BRX)

Captrust Financial Advisors lifted its holdings in shares of Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 37.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,306,023 shares of the real estate investment trust's stock after purchasing an additional 629,953 shares during the quarter. Captrust Financial Advisors owned 0.76% of Brixmor Property Group worth $64,200,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Norges Bank acquired a new position in shares of Brixmor Property Group in the 4th quarter valued at approximately $110,205,000. Northern Trust Corp lifted its stake in Brixmor Property Group by 96.2% during the fourth quarter. Northern Trust Corp now owns 4,870,342 shares of the real estate investment trust's stock worth $135,590,000 after purchasing an additional 2,388,264 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Brixmor Property Group by 61.1% in the 4th 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 in the last quarter. Balyasny Asset Management L.P. increased its stake in shares of Brixmor Property Group by 1,000.3% in the 4th quarter. Balyasny Asset Management L.P. now owns 820,025 shares of the real estate investment trust's stock valued at $22,829,000 after purchasing an additional 745,497 shares during the last quarter. Finally, ExodusPoint Capital Management LP acquired a new position in shares of Brixmor Property Group during the 4th quarter worth $20,271,000. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Brixmor Property Group Trading Up 0.2 %

Shares of BRX stock traded up $0.06 during mid-day trading on Friday, hitting $25.17. The company's stock had a trading volume of 1,594,488 shares, 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 company has a debt-to-equity ratio of 1.79, a quick ratio of 1.16 and a current ratio of 1.16. The company's fifty day simple moving average is $25.47 and its 200-day simple moving average is $26.99. The company has a market cap of $7.70 billion, a PE ratio of 22.68, a P/E/G ratio of 2.66 and a beta of 1.25.

Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its quarterly earnings results 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. The firm had revenue of $337.51 million for the quarter, compared to analysts' expectations of $329.81 million. Brixmor Property Group had a return on equity of 11.72% and a net margin of 26.40%. The company's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.54 EPS. As a group, equities research analysts expect that Brixmor Property Group Inc. will post 2.22 earnings per share for the current fiscal year.

Brixmor Property Group Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.15 annualized dividend and a dividend yield of 4.57%. Brixmor Property Group's dividend payout ratio is presently 109.52%.

Analyst Ratings Changes

BRX has been the subject of several research analyst reports. Scotiabank lowered their target price 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. Evercore ISI upgraded shares of Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price objective for the company in a research report on Tuesday, February 11th. Stifel Nicolaus cut their target price 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. The Goldman Sachs Group lowered their price target on shares of Brixmor Property Group from $33.00 to $29.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Finally, Wells Fargo & Company lowered 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. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, Brixmor Property Group has an average rating of "Moderate Buy" and a consensus 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.