Bank of America Corp DE Has $75.79 Million Holdings in Brixmor Property Group Inc. $BRX

Key Points

• Bank of America reduced its Brixmor Property Group stake by 2.9% in the first quarter, selling 77,701 shares but retaining 2.63 million shares worth approximately $75.79 million. Institutional investors and hedge funds collectively own 98.43% of BRX.
• Brixmor reported quarterly EPS of $0.24, missing analysts’ $0.58 estimate, while revenue rose 4.3% year over year to $354.2 million. The company reaffirmed fiscal 2026 EPS guidance of $2.35–$2.37.
• The REIT declared a quarterly dividend of $0.3075, equivalent to $1.23 annually and a 4.1% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $34, compared with the stock’s reported $30.35 price.

Bank of America Corp DE trimmed its holdings in shares of Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 2.9% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,631,594 shares of the real estate investment trust's stock after selling 77,701 shares during the quarter. Bank of America Corp DE owned 0.86% of Brixmor Property Group worth $75,790,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of BRX. NewEdge Advisors LLC raised its position in Brixmor Property Group by 4.6% in the 4th quarter. NewEdge Advisors LLC now owns 8,657 shares of the real estate investment trust's stock valued at $227,000 after buying an additional 384 shares during the last quarter. Parallel Advisors LLC grew 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 worth $74,000 after acquiring an additional 398 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in shares of Brixmor Property Group by 4.0% in the first quarter. Fifth Third Wealth Advisors LLC now owns 10,775 shares of the real estate investment trust's stock valued at $310,000 after purchasing an additional 413 shares during the last quarter. IFM Investors Pty Ltd raised its holdings in shares of Brixmor Property Group by 0.9% in the first quarter. IFM Investors Pty Ltd now owns 50,073 shares of the real estate investment trust's stock valued at $1,442,000 after purchasing an additional 459 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its position in shares of Brixmor Property Group by 2.5% in the third quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust's stock worth $534,000 after purchasing an additional 465 shares in the last quarter. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Brixmor Property Group Stock Down 0.1%

BRX opened at $30.35 on Monday. Brixmor Property Group Inc. has a fifty-two week low of $24.66 and a fifty-two week high of $32.86. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $9.31 billion, a P/E ratio of 21.68, a P/E/G ratio of 2.30 and a beta of 0.98. The stock has a fifty day moving average of $31.48 and a 200-day moving average of $30.08.

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

Brixmor Property Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be paid 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 4.1%. Brixmor Property Group's dividend payout ratio is presently 87.86%.

Analysts Set New Price Targets

A number of research firms have recently commented on BRX. Evercore upgraded shares of Brixmor Property Group to a "strong-buy" rating in a research note on Wednesday, April 29th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Brixmor Property Group in a research report on Friday, July 31st. Jefferies Financial Group upgraded Brixmor Property Group to a "strong-buy" rating in a report on Friday, June 26th. Truist Financial increased their price target on Brixmor Property Group from $32.00 to $33.00 and gave the company a "buy" rating in a research report on Wednesday, May 27th. Finally, Stifel Nicolaus raised their price target on Brixmor Property Group from $31.00 to $34.00 and gave the company a "hold" rating in a research note on Tuesday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $34.00.

Brixmor Property Group Company 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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