State of Wyoming Increases Stock Position in Brixmor Property Group Inc. (NYSE:BRX)

State of Wyoming grew its stake in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 292.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,842 shares of the real estate investment trust's stock after buying an additional 13,293 shares during the period. State of Wyoming's holdings in Brixmor Property Group were worth $497,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. US Bancorp DE increased its stake in Brixmor Property Group by 5.3% in the fourth quarter. US Bancorp DE now owns 8,064 shares of the real estate investment trust's stock valued at $225,000 after acquiring an additional 405 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of Brixmor Property Group by 0.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 61,435 shares of the real estate investment trust's stock valued at $1,710,000 after purchasing an additional 434 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Brixmor Property Group by 5.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 8,761 shares of the real estate investment trust's stock valued at $244,000 after purchasing an additional 441 shares during the last quarter. CIBC Asset Management Inc raised its holdings in shares of Brixmor Property Group by 5.8% during the 4th quarter. CIBC Asset Management Inc now owns 9,363 shares of the real estate investment trust's stock valued at $261,000 after buying an additional 511 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted 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 buying an additional 521 shares during the last quarter. Institutional investors own 98.43% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Mizuho decreased 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 note on Tuesday, February 25th. The Goldman Sachs Group lowered their price target on shares of Brixmor Property Group from $33.00 to $29.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Jefferies Financial Group upgraded shares of Brixmor Property Group from a "hold" rating to a "buy" rating and upped their price target for the company from $28.00 to $33.00 in a research report on Friday, February 14th. Stifel Nicolaus decreased their price objective on Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating on the stock in a report on Tuesday, February 11th. Finally, Evercore ISI upgraded Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 target price for the company in a report on Tuesday, February 11th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $30.40.

Brixmor Property Group Trading Down 1.0%

BRX opened at $26.31 on Tuesday. Brixmor Property Group Inc. has a one year low of $21.32 and a one year high of $30.67. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.16 and a quick ratio of 1.16. The business has a 50 day simple moving average of $25.44 and a two-hundred day simple moving average of $26.93. The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of 23.70, a PEG ratio of 2.66 and a beta of 1.25.

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

Brixmor Property Group Dividend Announcement

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 dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 4.37%. The ex-dividend date is Wednesday, July 2nd. Brixmor Property Group's dividend payout ratio is currently 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.

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