Caxton Associates LP Has $293,000 Stake in Brixmor Property Group Inc. (NYSE:BRX)

Caxton Associates LP cut its holdings in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 61.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,515 shares of the real estate investment trust's stock after selling 16,649 shares during the quarter. Caxton Associates LP's holdings in Brixmor Property Group were worth $293,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of BRX. Norges Bank purchased a new stake in shares of Brixmor Property Group in the fourth quarter valued at about $110,205,000. Northern Trust Corp grew its holdings in Brixmor Property Group by 96.2% during the 4th quarter. Northern Trust Corp now owns 4,870,342 shares of the real estate investment trust's stock valued at $135,590,000 after purchasing an additional 2,388,264 shares in the last quarter. Invesco Ltd. grew its holdings in Brixmor Property Group by 61.1% during 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. grew its holdings in Brixmor Property Group by 1,000.3% during 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 in the last quarter. Finally, ExodusPoint Capital Management LP bought a new position in Brixmor Property Group during the 4th quarter valued at $20,271,000. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on BRX. Mizuho reduced 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. Scotiabank reduced their price target on shares of Brixmor Property Group from $30.00 to $29.00 and set a "sector outperform" rating on the stock in a research report on Monday. Jefferies Financial Group raised shares of Brixmor Property Group from a "hold" rating to a "buy" rating and increased their price objective for the stock from $28.00 to $33.00 in a report on Friday, February 14th. The Goldman Sachs Group dropped 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 report on Thursday, May 1st. Finally, Stifel Nicolaus lowered 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 note on Tuesday, February 11th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $30.40.

Brixmor Property Group Stock Down 1.3%

BRX stock traded down $0.34 during trading hours on Tuesday, hitting $26.07. The company's stock had a trading volume of 280,110 shares, compared to its average volume of 2,184,898. The stock has a 50 day moving average price of $25.46 and a two-hundred day moving average price of $26.97. 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 $21.32 and a 12 month high of $30.67. The company has a market capitalization of $7.98 billion, a PE ratio of 23.49, a price-to-earnings-growth ratio of 2.66 and a beta of 1.25.

Brixmor Property Group (NYSE:BRX - Get Free Report) last released its earnings results on Monday, April 28th. The real estate investment trust reported $0.56 EPS for the quarter, beating the consensus estimate of $0.55 by $0.01. The firm had revenue of $337.51 million during the quarter, compared to analysts' expectations of $329.81 million. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. The business's quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.54 EPS. On average, equities research analysts expect that Brixmor Property Group Inc. will post 2.22 earnings per share for the current year.

Brixmor Property Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 2nd will be issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 4.41%. The ex-dividend date is Wednesday, July 2nd. Brixmor Property Group's dividend payout ratio is currently 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.