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

111 Capital acquired a new position in Brixmor Property Group Inc. (NYSE:BRX - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 45,386 shares of the real estate investment trust's stock, valued at approximately $1,264,000.

Several other large investors also recently made changes to their positions in BRX. V Square Quantitative Management LLC bought a new position in shares of Brixmor Property Group in the fourth quarter valued at about $26,000. Smartleaf Asset Management LLC increased its position in Brixmor Property Group by 124.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 938 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 521 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Brixmor Property Group in the fourth quarter worth about $26,000. Quarry LP raised its stake in shares of Brixmor Property Group by 39.0% in the fourth quarter. Quarry LP now owns 1,901 shares of the real estate investment trust's stock worth $53,000 after acquiring an additional 533 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its position in shares of Brixmor Property Group by 140.9% during the fourth quarter. Venturi Wealth Management LLC now owns 1,949 shares of the real estate investment trust's stock worth $54,000 after purchasing an additional 1,140 shares in the last quarter. Institutional investors own 98.43% of the company's stock.

Analyst Upgrades and Downgrades

BRX has been the subject of a number of research reports. 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. Stifel Nicolaus decreased their price objective on 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. Mizuho lowered their target price on Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating for the company in a research note on Tuesday, February 25th. Scotiabank cut their price target on Brixmor Property Group from $30.00 to $29.00 and set a "sector outperform" rating on the stock in a research note on Monday, May 12th. Finally, UBS Group started coverage on Brixmor Property Group in a report on Friday. They issued a "buy" rating and a $29.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $30.30.

Brixmor Property Group Trading Down 0.7%

Brixmor Property Group stock traded down $0.19 during midday trading on Friday, hitting $25.42. 2,572,349 shares of the stock were exchanged, compared to its average volume of 2,235,675. The stock has a market capitalization of $7.78 billion, a PE ratio of 22.90, a P/E/G ratio of 2.66 and a beta of 1.25. The company has a fifty day simple moving average of $25.31 and a two-hundred day simple moving average of $26.71. 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 52 week low of $22.02 and a 52 week high of $30.67.

Brixmor Property Group (NYSE:BRX - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The company had revenue of $337.51 million during 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 firm's revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.54 EPS. Equities research analysts anticipate that Brixmor Property Group Inc. will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 2nd will be issued a $0.2875 dividend. The ex-dividend date is Wednesday, July 2nd. This represents a $1.15 annualized dividend and a dividend yield of 4.52%. Brixmor Property Group's dividend payout ratio (DPR) 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.