Gamco Investors INC. ET AL Trims Stock Holdings in Brixmor Property Group Inc. (NYSE:BRX)

Gamco Investors INC. ET AL decreased its stake in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 44.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,700 shares of the real estate investment trust's stock after selling 15,000 shares during the period. Gamco Investors INC. ET AL's holdings in Brixmor Property Group were worth $521,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. US Bancorp DE lifted its holdings in shares of Brixmor Property Group by 5.3% during 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 period. Oregon Public Employees Retirement Fund raised its holdings in Brixmor Property Group by 0.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 61,435 shares of the real estate investment trust's stock worth $1,710,000 after purchasing an additional 434 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of Brixmor Property Group by 5.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 8,761 shares of the real estate investment trust's stock worth $244,000 after acquiring an additional 441 shares in the last quarter. CIBC Asset Management Inc increased its stake in 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 worth $261,000 after purchasing an additional 511 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Brixmor Property Group by 124.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 938 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 521 shares during the period. Institutional investors own 98.43% of the company's stock.

Brixmor Property Group Price Performance

Shares of NYSE:BRX traded up $0.11 during trading on Friday, reaching $25.80. The company had a trading volume of 462,994 shares, compared to its average volume of 2,433,907. The firm's fifty day moving average is $25.95 and its 200 day moving average is $27.16. The firm has a market capitalization of $7.89 billion, a PE ratio of 23.24, a price-to-earnings-growth ratio of 2.66 and a beta of 1.30. Brixmor Property Group Inc. has a twelve month low of $21.32 and a twelve month high of $30.67. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.16 and a current ratio of 1.16.

Brixmor Property Group (NYSE:BRX - Get Free Report) last issued its earnings results on Monday, February 10th. The real estate investment trust reported $0.53 EPS for the quarter, topping the consensus estimate of $0.22 by $0.31. Brixmor Property Group had a return on equity of 11.72% and a net margin of 26.40%. On average, equities analysts forecast that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Wednesday, April 2nd were issued a dividend of $0.2875 per share. This is an increase from Brixmor Property Group's previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.15 annualized dividend and a dividend yield of 4.46%. Brixmor Property Group's dividend payout ratio (DPR) is 103.60%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Mizuho cut their price target on shares of 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. Scotiabank lowered their price objective on shares of Brixmor Property Group from $32.00 to $30.00 and set a "sector outperform" rating for the company in a research report on Friday, February 28th. Stifel Nicolaus cut their target price on shares of Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating on the stock in a research report on Tuesday, February 11th. Evercore ISI upgraded shares of Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price objective for the company in a research note on Tuesday, February 11th. Finally, Jefferies Financial Group upgraded shares of Brixmor Property Group from a "hold" rating to a "buy" rating and increased their price objective for the company from $28.00 to $33.00 in a research note on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $30.48.

About Brixmor Property Group

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.