UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 165,468 Shares of Brixmor Property Group Inc. (NYSE:BRX)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 7.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,199,942 shares of the real estate investment trust's stock after selling 165,468 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.73% of Brixmor Property Group worth $61,246,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. V Square Quantitative Management LLC acquired a new stake in shares of Brixmor Property Group in the 4th quarter valued at $26,000. Smartleaf Asset Management LLC raised its position in shares of Brixmor Property Group by 124.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 938 shares of the real estate investment trust's stock worth $26,000 after acquiring an additional 521 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of Brixmor Property Group during the fourth quarter worth $26,000. UMB Bank n.a. grew its holdings in Brixmor Property Group by 73.5% during the 4th quarter. UMB Bank n.a. now owns 1,636 shares of the real estate investment trust's stock worth $46,000 after acquiring an additional 693 shares during the period. Finally, Quarry LP grew its holdings in 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 purchasing an additional 533 shares during the period. Institutional investors and hedge funds own 98.43% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Scotiabank decreased their price objective on Brixmor Property Group from $30.00 to $29.00 and set a "sector outperform" rating for the company in a report on Monday, May 12th. Jefferies Financial Group upgraded shares of Brixmor Property Group from a "hold" rating to a "buy" rating and lifted their price objective for the company from $28.00 to $33.00 in a report on Friday, February 14th. Mizuho dropped their price target on shares of Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 25th. Wells Fargo & Company lowered their price objective on Brixmor Property Group from $27.00 to $26.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 26th. Finally, Stifel Nicolaus decreased their price target on Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating for the company in a report on Tuesday, February 11th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $30.40.

Brixmor Property Group Stock Performance

Brixmor Property Group stock traded up $0.53 during midday trading on Tuesday, reaching $25.17. 2,403,382 shares of the company traded hands, compared to its average volume of 2,229,418. The business has a 50 day moving average of $25.34 and a two-hundred day moving average of $26.80. The firm has a market capitalization of $7.70 billion, a price-to-earnings ratio of 22.68, a price-to-earnings-growth ratio of 2.66 and a beta of 1.25. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.16 and a quick ratio of 1.16. Brixmor Property Group Inc. has a 12 month low of $21.32 and a 12 month high of $30.67.

Brixmor Property Group (NYSE:BRX - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.55 by $0.01. The company had revenue of $337.51 million during the quarter, compared to the consensus estimate of $329.81 million. Brixmor Property Group had a return on equity of 11.72% and a net margin of 26.40%. The firm's revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.54 EPS. As a group, research analysts predict that Brixmor Property Group Inc. will post 2.22 earnings per share for the current year.

Brixmor Property Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 2nd will be given a $0.2875 dividend. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.15 annualized dividend and a yield of 4.57%. Brixmor Property Group's dividend payout ratio 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.