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

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Brixmor Property Group Inc. (NYSE:BRX - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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.

A number of other institutional investors have also made changes to their positions in BRX. Ascent Group LLC raised its holdings in Brixmor Property Group by 6.0% during the 4th quarter. Ascent Group LLC now owns 9,155 shares of the real estate investment trust's stock worth $255,000 after purchasing an additional 521 shares during the last quarter. Mackenzie Financial Corp raised its holdings in Brixmor Property Group by 38.5% during the 4th quarter. Mackenzie Financial Corp now owns 875,964 shares of the real estate investment trust's stock worth $24,387,000 after purchasing an additional 243,345 shares during the last quarter. GF Fund Management CO. LTD. bought a new stake in Brixmor Property Group during the 4th quarter worth about $152,000. Fourth Dimension Wealth LLC bought a new stake in Brixmor Property Group during the 4th quarter worth about $71,000. Finally, PharVision Advisers LLC bought a new stake in Brixmor Property Group during the 4th quarter worth about $224,000. 98.43% of the stock is owned by institutional investors.

Brixmor Property Group Stock Down 0.7%

NYSE BRX traded down $0.19 on Friday, reaching $25.42. The company had a trading volume of 2,572,349 shares, compared to its average volume of 2,235,861. The stock has a market capitalization of $7.78 billion, a P/E ratio of 22.90, a P/E/G ratio of 2.66 and a beta of 1.25. The company's fifty day moving average is $25.31 and its 200 day moving average is $26.74. Brixmor Property Group Inc. has a 52-week low of $21.80 and a 52-week high of $30.67. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.79.

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 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 11.72% and a net margin of 26.40%. The business's revenue was up 5.4% compared to the same quarter last year. During the same period last year, the firm posted $0.54 EPS. Sell-side analysts anticipate that Brixmor Property Group Inc. will post 2.22 earnings per share for the current fiscal year.

Brixmor Property Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 2nd will be issued a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date of this dividend is Wednesday, July 2nd. Brixmor Property Group's payout ratio is presently 109.52%.

Analysts Set New Price Targets

Several brokerages have weighed in on BRX. Scotiabank dropped their price objective on 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. Wells Fargo & Company lowered their price target on Brixmor Property Group from $27.00 to $26.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 26th. UBS Group initiated coverage on Brixmor Property Group in a research note on Friday. They issued a "buy" rating and a $29.00 price target for the company. The Goldman Sachs Group lowered their price target on 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. Finally, Mizuho lowered their price target on Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating for the company in a research note on Tuesday, February 25th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $30.30.

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.