Commerce Bank Invests $12.99 Million in Brixmor Property Group Inc. $BRX

Key Points

• Commerce Bank acquired 412,134 shares of Brixmor Property Group during the second quarter, valued at approximately $12.99 million and representing about 0.13% of the REIT. Institutional investors collectively own 98.43% of the company.
• 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. Management issued fiscal 2026 EPS guidance of $2.35–$2.37.
• The company declared a quarterly dividend of $0.3075, equivalent to $1.23 annually and a 4.2% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $34.33, above the reported $29.31 share price.

Commerce Bank acquired a new stake in Brixmor Property Group Inc. (NYSE:BRX - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 412,134 shares of the real estate investment trust's stock, valued at approximately $12,995,000. Commerce Bank owned approximately 0.13% of Brixmor Property Group as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in BRX. Strs Ohio grew its holdings in shares of Brixmor Property Group by 6.6% during the fourth quarter. Strs Ohio now owns 1,480,492 shares of the real estate investment trust's stock worth $38,818,000 after buying an additional 91,612 shares in the last quarter. Hsbc Holdings PLC lifted its stake in shares of Brixmor Property Group by 77.3% during the fourth quarter. Hsbc Holdings PLC now owns 823,232 shares of the real estate investment trust's stock valued at $21,575,000 after buying an additional 359,006 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in shares of Brixmor Property Group during the first quarter valued at approximately $1,443,000. Crossmark Global Holdings Inc. lifted its stake in shares of Brixmor Property Group by 199.3% during the fourth quarter. Crossmark Global Holdings Inc. now owns 70,651 shares of the real estate investment trust's stock valued at $1,852,000 after buying an additional 47,049 shares during the period. Finally, Vanguard Group Inc. boosted its position in Brixmor Property Group by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 44,986,376 shares of the real estate investment trust's stock worth $1,179,543,000 after acquiring an additional 198,567 shares during the last quarter. Institutional investors and hedge funds own 98.43% of the company's stock.

Brixmor Property Group Price Performance

Brixmor Property Group stock opened at $29.31 on Friday. Brixmor Property Group Inc. has a 1 year low of $24.66 and a 1 year 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 firm has a 50 day moving average price of $31.19 and a 200 day moving average price of $30.29. The company has a market cap of $8.99 billion, a price-to-earnings ratio of 20.94, a PEG ratio of 2.22 and a beta of 0.98.

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

Brixmor Property Group Dividend Announcement

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 given a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, October 2nd. Brixmor Property Group's dividend payout ratio (DPR) is 87.86%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Brixmor Property Group in a research note on Friday, July 31st. Truist Financial increased their price target on Brixmor Property Group from $32.00 to $33.00 and gave the stock a "buy" rating in a research note on Wednesday, May 27th. Wells Fargo & Company upgraded Brixmor Property Group to a "hold" rating in a report on Thursday, July 23rd. Citigroup lifted their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the company a "neutral" rating in a research report on Monday, August 3rd. Finally, UBS Group upped their target price 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. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, Brixmor Property Group has an average rating of "Moderate Buy" and an average price target of $34.33.

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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