111 Capital Invests $1.26 Million in Brixmor Property Group Inc. (NYSE:BRX)

111 Capital bought a new position in Brixmor Property Group Inc. (NYSE:BRX - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 45,386 shares of the real estate investment trust's stock, valued at approximately $1,264,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Brixmor Property Group during the 4th quarter worth about $18,767,000. Ascent Group LLC increased its holdings in shares of Brixmor Property Group by 6.0% during the 4th quarter. Ascent Group LLC now owns 9,155 shares of the real estate investment trust's stock worth $255,000 after purchasing an additional 521 shares during the period. Mackenzie Financial Corp increased its holdings in shares of Brixmor Property Group by 38.5% during the 4th quarter. Mackenzie Financial Corp now owns 875,964 shares of the real estate investment trust's stock worth $24,387,000 after purchasing an additional 243,345 shares during the period. GF Fund Management CO. LTD. bought a new position in shares of Brixmor Property Group during the 4th quarter worth about $152,000. Finally, Fourth Dimension Wealth LLC bought a new position in shares of Brixmor Property Group during the 4th quarter worth about $71,000. Institutional investors own 98.43% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. 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. Mizuho dropped 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. Scotiabank dropped their price objective on shares of Brixmor Property Group from $30.00 to $29.00 and set a "sector outperform" rating on the stock in a report on Monday, May 12th. Stifel Nicolaus decreased 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. Finally, The Goldman Sachs Group decreased their target price on shares of Brixmor Property Group from $33.00 to $29.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $30.40.

Brixmor Property Group Price Performance

NYSE:BRX traded up $0.52 on Thursday, reaching $25.62. The stock had a trading volume of 3,291,114 shares, compared to its average volume of 2,236,822. The company has a market capitalization of $7.84 billion, a P/E ratio of 23.08, 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 $21.57 and a 1-year high of $30.67. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.79. The stock has a fifty day moving average price of $25.32 and a 200-day moving average price of $26.76.

Brixmor Property Group (NYSE:BRX - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.01. The firm had revenue of $337.51 million for the quarter, compared to analyst estimates of $329.81 million. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. The company's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.54 earnings per share. Research analysts forecast that Brixmor Property Group Inc. will post 2.22 EPS 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. Shareholders of record on Wednesday, July 2nd will be given a $0.2875 dividend. The ex-dividend date is Wednesday, July 2nd. This represents a $1.15 dividend on an annualized basis and a yield of 4.49%. Brixmor Property Group's dividend payout ratio (DPR) is presently 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.