Alyeska Investment Group L.P. Sells 227,337 Shares of Brixmor Property Group Inc. $BRX

Key Points

• Alyeska Investment Group reduced its Brixmor Property Group position by 11.9%, selling 227,337 shares and retaining 1.69 million shares worth approximately $53.2 million. Institutional investors collectively own 98.43% of BRX.
• Brixmor reported quarterly EPS of $0.24, missing the $0.58 consensus estimate, while revenue rose 4.3% year over year to $354.2 million. The company maintained 2026 EPS guidance of $2.35–$2.37.
• The REIT declared a quarterly dividend of $0.3075, equivalent to $1.23 annually and a 4.2% yield. Analysts hold a consensus “Moderate Buy” rating with an average price target of $34.33, above the reported share price of $29.19.

Alyeska Investment Group L.P. cut its position in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 11.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,687,268 shares of the real estate investment trust's stock after selling 227,337 shares during the period. Alyeska Investment Group L.P. owned approximately 0.55% of Brixmor Property Group worth $53,200,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BRX. BlackRock Inc. bought a new stake in shares of Brixmor Property Group in the second quarter worth approximately $1,265,950,000. Canada Pension Plan Investment Board bought a new position in Brixmor Property Group during the second quarter valued at approximately $180,406,000. Principal Financial Group Inc. boosted its holdings in Brixmor Property Group by 686.1% in the first quarter. Principal Financial Group Inc. now owns 5,176,486 shares of the real estate investment trust's stock worth $149,083,000 after purchasing an additional 4,518,001 shares during the last quarter. Norges Bank purchased a new stake in Brixmor Property Group in the fourth quarter worth approximately $112,307,000. Finally, Deutsche Bank AG bought a new stake in Brixmor Property Group in the 2nd quarter worth approximately $122,922,000. Institutional investors own 98.43% of the company's stock.

Brixmor Property Group Stock Up 0.1%

BRX stock opened at $29.19 on Monday. The business's 50-day moving average price is $31.00 and its 200-day moving average price is $30.37. The stock has a market cap of $8.96 billion, a P/E ratio of 20.85, a PEG ratio of 2.21 and a beta of 0.98. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.76. Brixmor Property Group Inc. has a twelve month low of $24.66 and a twelve month high of $32.86.

Brixmor Property Group (NYSE:BRX - Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate 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%. Brixmor Property Group's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.56 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. On average, equities research analysts forecast that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BRX. UBS Group boosted their price target on Brixmor Property Group from $34.00 to $37.00 and gave the company a "buy" rating in a research note on Thursday, July 9th. Wells Fargo & Company upgraded shares of Brixmor Property Group to a "hold" rating in a research note on Thursday, July 23rd. Citigroup raised their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Piper Sandler boosted their target price on shares of Brixmor Property Group from $34.00 to $40.00 and gave the company an "overweight" rating in a research report on Tuesday, July 21st. Finally, KeyCorp upped their target price on shares of Brixmor Property Group from $32.00 to $34.00 and gave the company an "overweight" rating in a report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $34.33.

About Brixmor Property Group

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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