Ensign Peak Advisors Inc Boosts Stock Holdings in Brixmor Property Group Inc. (NYSE:BRX)

Ensign Peak Advisors Inc increased its position in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 7.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 185,161 shares of the real estate investment trust's stock after buying an additional 12,632 shares during the period. Ensign Peak Advisors Inc owned 0.06% of Brixmor Property Group worth $5,155,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Clark Capital Management Group Inc. grew its position in Brixmor Property Group by 406.2% in the 4th quarter. Clark Capital Management Group Inc. now owns 1,516,041 shares of the real estate investment trust's stock valued at $42,207,000 after purchasing an additional 1,216,548 shares during the period. D. E. Shaw & Co. Inc. lifted its stake in shares of Brixmor Property Group by 2.3% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 155,739 shares of the real estate investment trust's stock valued at $4,336,000 after buying an additional 3,517 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of Brixmor Property Group by 31.3% during the fourth quarter. Deutsche Bank AG now owns 5,882,828 shares of the real estate investment trust's stock valued at $163,778,000 after buying an additional 1,404,034 shares during the last quarter. Cresset Asset Management LLC bought a new stake in shares of Brixmor Property Group during the fourth quarter worth about $479,000. Finally, Crestline Management LP bought a new stake in shares of Brixmor Property Group during the fourth quarter worth about $1,233,000. Institutional investors and hedge funds own 98.43% of the company's stock.

Wall Street Analysts Forecast Growth

BRX has been the subject of a number of analyst reports. Wells Fargo & Company cut their price target on Brixmor Property Group from $27.00 to $26.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 26th. Jefferies Financial Group raised Brixmor Property Group from a "hold" rating to a "buy" rating and lifted their target price for the company from $28.00 to $33.00 in a research report on Friday, February 14th. Evercore ISI raised 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 report on Tuesday, February 25th. Finally, The Goldman Sachs Group reduced their target price on shares of Brixmor Property Group from $33.00 to $29.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $30.40.

Brixmor Property Group Stock Performance

Shares of Brixmor Property Group stock traded down $0.38 on Tuesday, reaching $25.94. 478,450 shares of the company traded hands, compared to its average volume of 2,417,066. The company has a 50 day moving average of $25.44 and a 200 day moving average of $26.93. 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 Inc. has a 52 week low of $21.32 and a 52 week high of $30.67. The firm has a market capitalization of $7.94 billion, a PE ratio of 23.36, a PEG ratio of 2.66 and a beta of 1.25.

Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its quarterly earnings data 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. Brixmor Property Group had a return on equity of 11.72% and a net margin of 26.40%. The business had revenue of $337.51 million for the quarter, compared to the consensus estimate of $329.81 million. During the same quarter in the prior year, the business earned $0.54 earnings per share. Brixmor Property Group's revenue for the quarter was up 5.4% on a year-over-year basis. Equities analysts forecast 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. Stockholders of record on Wednesday, July 2nd will be paid a dividend of $0.2875 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.15 annualized dividend and a dividend yield of 4.43%. Brixmor Property Group's 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.