Quantinno Capital Management LP Has $3.90 Million Position in Brixmor Property Group Inc. (NYSE:BRX)

Quantinno Capital Management LP lifted its stake in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 134.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 140,056 shares of the real estate investment trust's stock after acquiring an additional 80,293 shares during the quarter. Quantinno Capital Management LP's holdings in Brixmor Property Group were worth $3,899,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of BRX. Park Avenue Securities LLC increased its stake in shares of Brixmor Property Group by 95.0% in the fourth quarter. Park Avenue Securities LLC now owns 25,852 shares of the real estate investment trust's stock worth $720,000 after acquiring an additional 12,593 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in shares of Brixmor Property Group by 1.7% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 32,142 shares of the real estate investment trust's stock worth $895,000 after acquiring an additional 532 shares during the last quarter. UMB Bank n.a. increased its stake in shares of Brixmor Property Group by 73.5% in the fourth 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 last quarter. Crossmark Global Holdings Inc. increased its stake in shares of Brixmor Property Group by 67.0% in the fourth quarter. Crossmark Global Holdings Inc. now owns 37,374 shares of the real estate investment trust's stock worth $1,041,000 after acquiring an additional 14,995 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in shares of Brixmor Property Group by 840.9% during the 4th quarter. SG Americas Securities LLC now owns 217,433 shares of the real estate investment trust's stock worth $6,053,000 after purchasing an additional 194,325 shares during the last quarter. 98.43% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on BRX. Mizuho decreased their price objective on shares of Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating for the company in a report on Tuesday, February 25th. The Goldman Sachs Group decreased 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 report on Thursday, May 1st. Stifel Nicolaus decreased their price objective on shares of Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating for the company in a report on Tuesday, February 11th. Scotiabank decreased 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 report on Monday, May 12th. Finally, Jefferies Financial Group upgraded shares of Brixmor Property Group from a "hold" rating to a "buy" rating and upped their price objective for the stock from $28.00 to $33.00 in a report on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $30.40.

Brixmor Property Group Stock Performance

Brixmor Property Group stock traded down $0.19 on Friday, reaching $24.64. 2,321,620 shares of the stock were exchanged, compared to its average volume of 2,228,719. The stock has a market cap of $7.54 billion, a PE ratio of 22.20, a PEG ratio of 2.66 and a beta of 1.25. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.79. Brixmor Property Group Inc. has a twelve month low of $21.32 and a twelve month high of $30.67. The firm has a fifty day moving average price of $25.38 and a two-hundred day moving average price of $26.85.

Brixmor Property Group (NYSE:BRX - Get Free Report) last released its earnings results on Monday, April 28th. The real estate investment trust reported $0.56 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.01. The firm had revenue of $337.51 million during the quarter, compared to analyst estimates of $329.81 million. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. The business's revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.54 EPS. Sell-side analysts anticipate that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Dividend Announcement

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

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.