1,402,911 Shares in Brixmor Property Group Inc. $BRX Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC acquired a new stake in Brixmor Property Group Inc. (NYSE:BRX - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,402,911 shares of the real estate investment trust's stock, valued at approximately $44,352,000. Hsbc Holdings PLC owned 0.46% of Brixmor Property Group as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC increased its stake in shares of Brixmor Property Group by 4.6% in the fourth quarter. NewEdge Advisors LLC now owns 8,657 shares of the real estate investment trust's stock worth $227,000 after purchasing an additional 384 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of Brixmor Property Group by 17.4% during the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust's stock valued at $74,000 after buying an additional 398 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of Brixmor Property Group by 4.0% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 10,775 shares of the real estate investment trust's stock valued at $310,000 after buying an additional 413 shares in the last quarter. IFM Investors Pty Ltd boosted its holdings in Brixmor Property Group by 0.9% in the 1st quarter. IFM Investors Pty Ltd now owns 50,073 shares of the real estate investment trust's stock worth $1,442,000 after buying an additional 459 shares during the period. Finally, Quadrant Capital Group LLC boosted its holdings in Brixmor Property Group by 2.5% in the 3rd quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust's stock worth $534,000 after buying an additional 465 shares during the period. 98.43% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BRX shares. Wells Fargo & Company raised shares of Brixmor Property Group to a "hold" rating in a report on Thursday, July 23rd. BMO Capital Markets raised their price target on Brixmor Property Group from $35.00 to $37.00 and gave the stock an "outperform" rating in a report on Monday, June 15th. Citigroup lifted their price target on Brixmor Property Group from $31.00 to $34.00 and gave the company a "neutral" rating in a research report on Monday, August 3rd. Truist Financial boosted their price objective on Brixmor Property Group from $32.00 to $33.00 and gave the company a "buy" rating in a research note on Wednesday, May 27th. Finally, KeyCorp increased their price objective on Brixmor Property Group from $32.00 to $34.00 and gave the stock an "overweight" rating in a report on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $34.33.

Brixmor Property Group Stock Performance

NYSE BRX opened at $29.40 on Thursday. Brixmor Property Group Inc. has a 1 year low of $24.66 and a 1 year high of $32.86. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market capitalization of $9.02 billion, a PE ratio of 21.00, a P/E/G ratio of 2.24 and a beta of 0.98. The company's 50 day simple moving average is $31.07 and its two-hundred day simple moving average is $30.36.

Brixmor Property Group (NYSE:BRX - Get Free Report) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.58 by ($0.34). The firm had revenue of $354.20 million for the quarter, compared to analysts' expectations of $354.39 million. Brixmor Property Group had a net margin of 30.82% and a return on equity of 14.38%. The firm's revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. Analysts predict that Brixmor Property Group Inc. will post 2.36 earnings per share for the current fiscal year.

Brixmor Property Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be given a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, October 2nd. Brixmor Property Group's payout ratio is presently 87.86%.

Brixmor Property Group Profile

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor's core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company's main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.

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