Graham Capital Management L.P. Has $275,000 Stock Position in Brixmor Property Group Inc. (NYSE:BRX)

Graham Capital Management L.P. lessened its stake in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 92.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,895 shares of the real estate investment trust's stock after selling 122,561 shares during the period. Graham Capital Management L.P.'s holdings in Brixmor Property Group were worth $275,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. US Bancorp DE raised its position in Brixmor Property Group by 5.3% in the 4th quarter. US Bancorp DE now owns 8,064 shares of the real estate investment trust's stock worth $225,000 after purchasing an additional 405 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in Brixmor Property Group by 0.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 61,435 shares of the real estate investment trust's stock worth $1,710,000 after purchasing an additional 434 shares during the last quarter. Janney Montgomery Scott LLC raised its position in Brixmor Property Group by 5.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 8,761 shares of the real estate investment trust's stock worth $244,000 after purchasing an additional 441 shares during the last quarter. CIBC Asset Management Inc raised its position in Brixmor Property Group by 5.8% in the 4th quarter. CIBC Asset Management Inc now owns 9,363 shares of the real estate investment trust's stock worth $261,000 after purchasing an additional 511 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Brixmor Property Group by 124.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 938 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 521 shares during the last quarter. Institutional investors own 98.43% of the company's stock.

Brixmor Property Group Stock Down 0.8%

NYSE BRX traded down $0.19 on Friday, reaching $24.64. The company had a trading volume of 2,321,620 shares, compared to its average volume of 2,226,978. The firm has a market capitalization of $7.54 billion, a price-to-earnings ratio of 22.20, 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 quick ratio of 1.16 and a current ratio of 1.16. Brixmor Property Group Inc. has a 1-year low of $21.32 and a 1-year high of $30.67. The company's fifty day moving average is $25.38 and its 200-day moving average is $26.86.

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

Brixmor Property Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Wednesday, July 2nd will be paid a dividend of $0.2875 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.67%. Brixmor Property Group's dividend payout ratio is 109.52%.

Analyst Upgrades and Downgrades

BRX has been the subject of several research analyst reports. Scotiabank dropped their price objective on shares of Brixmor Property Group from $30.00 to $29.00 and set a "sector outperform" rating for the company in a research report on Monday, May 12th. Evercore ISI upgraded shares of Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 target price for the company in a research report on Tuesday, February 11th. Mizuho dropped their target price on shares of Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating for the company in a research report on Tuesday, February 25th. Jefferies Financial Group upgraded shares of Brixmor Property Group from a "hold" rating to a "buy" rating and upped their target price for the company from $28.00 to $33.00 in a research report on Friday, February 14th. Finally, The Goldman Sachs Group lowered their price objective on shares of Brixmor Property Group from $33.00 to $29.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $30.40.

Brixmor Property Group Profile

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.