Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 674,111 Brixmor Property Group Inc. (NYSE:BRX)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Brixmor Property Group Inc. (NYSE:BRX - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 674,111 shares of the real estate investment trust's stock, valued at approximately $18,767,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.22% of Brixmor Property Group as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in Brixmor Property Group in the 4th quarter valued at $26,000. Headlands Technologies LLC acquired a new stake in Brixmor Property Group in the 4th quarter worth $26,000. Smartleaf Asset Management LLC grew 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. Quarry LP grew its position in Brixmor Property Group by 39.0% in the 4th quarter. Quarry LP now owns 1,901 shares of the real estate investment trust's stock worth $53,000 after purchasing an additional 533 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its position in Brixmor Property Group by 140.9% in the 4th quarter. Venturi Wealth Management LLC now owns 1,949 shares of the real estate investment trust's stock worth $54,000 after purchasing an additional 1,140 shares during the last quarter. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the stock. UBS Group assumed coverage on shares of Brixmor Property Group in a research report on Friday. They issued a "buy" rating and a $29.00 price target on the stock. Mizuho reduced 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. Stifel Nicolaus cut their price target 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. Wells Fargo & Company lowered their price objective on shares of Brixmor Property Group from $27.00 to $26.00 and set an "equal weight" rating for the company in a research report on Wednesday, March 26th. Finally, Jefferies Financial Group raised Brixmor Property Group from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $28.00 to $33.00 in a research note on Friday, February 14th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $30.30.

Brixmor Property Group Stock Down 0.8%

Shares of NYSE:BRX traded down $0.21 during mid-day trading on Monday, reaching $25.20. 3,059,880 shares of the stock were exchanged, compared to its average volume of 2,238,971. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.79. The company has a market cap of $7.71 billion, a P/E ratio of 22.70, a P/E/G ratio of 2.66 and a beta of 1.25. Brixmor Property Group Inc. has a one year low of $22.02 and a one year high of $30.67. The stock's 50 day simple moving average is $25.28 and its 200-day simple moving average is $26.68.

Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $0.56 earnings per share 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 firm had revenue of $337.51 million during the quarter, compared to the consensus estimate of $329.81 million. During the same period last year, the company earned $0.54 earnings per share. The business's revenue was up 5.4% compared to the same quarter last year. As a group, equities research analysts predict that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 2nd will be issued a dividend of $0.2875 per share. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.15 annualized dividend and a yield of 4.56%. Brixmor Property Group's 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.