Bokf Na Cuts Stake in Brixmor Property Group Inc. $BRX

Key Points

• Bokf Na trimmed its stake in Brixmor by 26.9%, selling 39,647 shares to hold 107,955 shares valued at about $2.83 million at quarter-end.
• Brixmor beat the most recent quarter's expectations with $0.41 EPS versus a $0.25 estimate and $354.8M revenue, set FY2026 EPS guidance of 2.340–2.37, and announced a quarterly dividend of $0.3075 (annualized yield ~4.1%, payout ratio 85.4%).
• Institutional investors own 98.43% of BRX and several large funds (Wellington, AEW, SG Americas, Aberdeen) materially increased positions, while analysts rate the stock a "Moderate Buy" with a consensus price target of $32.00.

Bokf Na lowered its position in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 26.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,955 shares of the real estate investment trust's stock after selling 39,647 shares during the quarter. Bokf Na's holdings in Brixmor Property Group were worth $2,831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of BRX. Wellington Management Group LLP boosted its stake in Brixmor Property Group by 49.6% in the third quarter. Wellington Management Group LLP now owns 6,395,999 shares of the real estate investment trust's stock worth $177,041,000 after buying an additional 2,119,890 shares in the last quarter. Aew Capital Management L P boosted its stake in Brixmor Property Group by 75.6% in the third quarter. Aew Capital Management L P now owns 2,882,414 shares of the real estate investment trust's stock worth $79,785,000 after buying an additional 1,241,326 shares in the last quarter. Adelante Capital Management LLC purchased a new stake in Brixmor Property Group in the third quarter worth approximately $30,831,000. SG Americas Securities LLC boosted its stake in Brixmor Property Group by 2,455.7% in the fourth quarter. SG Americas Securities LLC now owns 1,125,634 shares of the real estate investment trust's stock worth $29,514,000 after buying an additional 1,081,590 shares in the last quarter. Finally, Aberdeen Group plc boosted its stake in Brixmor Property Group by 332.4% in the third quarter. Aberdeen Group plc now owns 1,086,300 shares of the real estate investment trust's stock worth $29,808,000 after buying an additional 835,103 shares in the last quarter. Hedge funds and other institutional investors own 98.43% of the company's stock.

Brixmor Property Group Price Performance

BRX opened at $30.04 on Friday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.31 and a current ratio of 1.31. Brixmor Property Group Inc. has a 52-week low of $24.38 and a 52-week high of $31.49. The stock has a market capitalization of $9.22 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 2.51 and a beta of 1.00. The stock's 50 day moving average price is $29.77 and its 200-day moving average price is $27.78.

Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.16. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The firm had revenue of $354.82 million for the quarter, compared to analysts' expectations of $349.43 million. During the same period in the previous year, the firm earned $0.56 earnings per share. The business's revenue was up 5.1% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. On average, equities research analysts predict that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.3075 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.23 annualized dividend and a dividend yield of 4.1%. Brixmor Property Group's payout ratio is 85.42%.

Insider Activity

In related news, Director Julie Bowerman sold 8,000 shares of Brixmor Property Group stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $29.03, for a total transaction of $232,240.00. Following the sale, the director directly owned 18,400 shares in the company, valued at $534,152. The trade was a 30.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.91% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on BRX. JPMorgan Chase & Co. boosted their price objective on Brixmor Property Group from $30.00 to $33.00 and gave the company an "overweight" rating in a research report on Friday, February 20th. Wells Fargo & Company boosted their price objective on Brixmor Property Group from $28.00 to $32.00 and gave the company an "equal weight" rating in a research report on Thursday, March 19th. Stifel Nicolaus boosted their price objective on Brixmor Property Group from $29.75 to $31.00 and gave the company a "hold" rating in a research report on Tuesday, April 28th. Truist Financial boosted their price objective on Brixmor Property Group from $29.00 to $32.00 and gave the company a "buy" rating in a research report on Thursday, March 5th. Finally, UBS Group boosted their price objective on Brixmor Property Group from $29.00 to $31.00 and gave the company a "buy" rating in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Brixmor Property Group presently has an average rating of "Moderate Buy" and a consensus price target of $32.00.

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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