Wolverine Asset Management LLC Acquires 37,913 Shares of Brixmor Property Group Inc. $BRX

Key Points

• Wolverine Asset Management raised its stake in Brixmor by 64%, buying 37,913 shares to hold 97,126 shares worth $2.547 million per its latest 13F filing.
• Director Julie Bowerman sold 8,000 shares at an average $29.03 (a 30.3% reduction in her holding), leaving company insiders with 0.91% ownership.
• Brixmor beat quarterly EPS estimates ($0.41 vs. $0.25), set FY2026 guidance at 2.34–2.37 EPS, and announced a quarterly dividend of $0.3075 ($1.23 annualized), about a 4.1% yield with an 85% payout ratio.

Wolverine Asset Management LLC lifted its holdings in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 64.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,126 shares of the real estate investment trust's stock after purchasing an additional 37,913 shares during the quarter. Wolverine Asset Management LLC's holdings in Brixmor Property Group were worth $2,547,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Parallel Advisors LLC lifted its position in shares of Brixmor Property Group by 17.4% in the third quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust's stock worth $74,000 after purchasing an additional 398 shares in the last quarter. Quadrant Capital Group LLC raised its position in Brixmor Property Group by 2.5% during the third quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust's stock worth $534,000 after acquiring an additional 465 shares in the last quarter. Park Avenue Securities LLC raised its position in Brixmor Property Group by 1.3% during the third quarter. Park Avenue Securities LLC now owns 36,195 shares of the real estate investment trust's stock worth $1,002,000 after acquiring an additional 478 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Brixmor Property Group by 43.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust's stock worth $48,000 after acquiring an additional 557 shares in the last quarter. Finally, M&G PLC raised its position in Brixmor Property Group by 8.2% during the third quarter. M&G PLC now owns 7,875 shares of the real estate investment trust's stock worth $220,000 after acquiring an additional 596 shares in the last quarter. Institutional investors own 98.43% of the company's stock.

Insider Activity at Brixmor Property Group

In related news, Director Julie Bowerman sold 8,000 shares of the company's stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $29.03, for a total value of $232,240.00. Following the transaction, the director directly owned 18,400 shares in the company, valued at approximately $534,152. This represents a 30.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.91% of the company's stock.

Brixmor Property Group Price Performance

NYSE:BRX opened at $29.88 on Tuesday. Brixmor Property Group Inc. has a one year low of $24.38 and a one year high of $31.49. The company has a market cap of $9.17 billion, a P/E ratio of 20.75, a P/E/G ratio of 2.67 and a beta of 1.00. The firm's fifty day moving average price is $29.74 and its two-hundred day moving average price is $27.71. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.31 and a quick ratio of 1.31.

Brixmor Property Group (NYSE:BRX - Get Free Report) last released its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $0.41 EPS for the quarter, beating the consensus estimate of $0.25 by $0.16. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The firm had revenue of $354.82 million for the quarter, compared to the consensus estimate of $349.43 million. During the same period in the previous year, the company earned $0.56 earnings per share. The company's quarterly revenue was up 5.1% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. Equities analysts expect that Brixmor Property Group Inc. will post 2.36 earnings per share for the current year.

Brixmor Property Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd will be issued a $0.3075 dividend. This represents a $1.23 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Thursday, July 2nd. Brixmor Property Group's payout ratio is currently 85.42%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. UBS Group upped their price target on shares of Brixmor Property Group from $29.00 to $31.00 and gave the stock a "buy" rating in a research report on Thursday, January 8th. Wells Fargo & Company upped their price target on shares of Brixmor Property Group from $28.00 to $32.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 19th. Piper Sandler upped their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 17th. Truist Financial upped their price target on shares of Brixmor Property Group from $29.00 to $32.00 and gave the stock a "buy" rating in a research report on Thursday, March 5th. Finally, Stifel Nicolaus upped their price target on shares of Brixmor Property Group from $29.75 to $31.00 and gave the stock a "hold" rating in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $32.00.

About Brixmor Property Group

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor's core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company's main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.

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