Danske Bank A S lifted its stake in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 6,763.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 199,028 shares of the real estate investment trust's stock after purchasing an additional 196,128 shares during the period. Danske Bank A S owned about 0.07% of Brixmor Property Group worth $5,219,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Mather Group LLC. bought a new position in shares of Brixmor Property Group in the third quarter worth about $28,000. Quent Capital LLC bought a new position in Brixmor Property Group during the 3rd quarter worth about $35,000. Atlantic Edge Private Wealth Management LLC bought a new position in Brixmor Property Group during the 4th quarter worth about $42,000. Bayforest Capital Ltd bought a new position in Brixmor Property Group during the 4th quarter worth about $44,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Brixmor Property Group by 43.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust's stock worth $48,000 after acquiring an additional 557 shares in the last quarter. 98.43% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several research analysts have issued reports on the stock. Scotiabank increased their target price on shares of Brixmor Property Group from $29.00 to $33.00 and gave the stock a "sector outperform" rating in a report on Tuesday, March 24th. Wells Fargo & Company increased their target price on shares of Brixmor Property Group from $28.00 to $32.00 and gave the stock an "equal weight" rating in a report on Thursday, March 19th. Truist Financial increased their target price on shares of Brixmor Property Group from $29.00 to $32.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. UBS Group increased their target price on shares of Brixmor Property Group from $29.00 to $31.00 and gave the stock a "buy" rating in a report on Thursday, January 8th. Finally, Piper Sandler increased their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an "overweight" rating in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Brixmor Property Group currently has an average rating of "Moderate Buy" and a consensus price target of $32.00.
Read Our Latest Stock Analysis on BRX
Brixmor Property Group Stock Performance
BRX stock opened at $29.88 on Tuesday. The firm has a market cap of $9.17 billion, a price-to-earnings ratio of 20.75, a PEG ratio of 2.67 and a beta of 1.00. The firm has a 50-day simple moving average of $29.74 and a two-hundred day simple moving average of $27.71. Brixmor Property Group Inc. has a one year low of $24.38 and a one year high of $31.49. 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 (NYSE:BRX - Get Free Report) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.41 EPS for the quarter, beating the consensus estimate of $0.25 by $0.16. The business had revenue of $354.82 million during the quarter, compared to analyst estimates of $349.43 million. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The company's quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. On average, equities analysts forecast that Brixmor Property Group Inc. will post 2.36 EPS for the current fiscal year.
Brixmor Property Group Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd will be given a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Thursday, July 2nd. Brixmor Property Group's dividend payout ratio is presently 85.42%.
Insider Activity at Brixmor Property Group
In related news, Director Julie Bowerman sold 8,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total value of $232,240.00. Following the completion of the transaction, the director directly owned 18,400 shares of the company's stock, valued at $534,152. This trade represents a 30.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.91% of the stock is owned by insiders.
Brixmor Property Group Company Profile
(
Free Report)
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.
Read More
Want to see what other hedge funds are holding BRX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brixmor Property Group Inc. (NYSE:BRX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Brixmor Property Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brixmor Property Group wasn't on the list.
While Brixmor Property Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.