Jane Street Group LLC Sells 80,043 Shares of Brixmor Property Group Inc. (NYSE:BRX)

Jane Street Group LLC trimmed its position in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 50.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,303 shares of the real estate investment trust's stock after selling 80,043 shares during the quarter. Jane Street Group LLC's holdings in Brixmor Property Group were worth $2,180,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. V Square Quantitative Management LLC bought a new stake in Brixmor Property Group during the 4th quarter worth approximately $26,000. Smartleaf Asset Management LLC grew its position in Brixmor Property Group by 124.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 938 shares of the real estate investment trust's stock worth $26,000 after acquiring an additional 521 shares during the last quarter. Headlands Technologies LLC bought a new stake in Brixmor Property Group during the 4th quarter worth approximately $26,000. UMB Bank n.a. grew its position in Brixmor Property Group by 73.5% during the 4th quarter. UMB Bank n.a. now owns 1,636 shares of the real estate investment trust's stock worth $46,000 after acquiring an additional 693 shares during the last quarter. Finally, Quarry LP grew its position in Brixmor Property Group by 39.0% during the 4th quarter. Quarry LP now owns 1,901 shares of the real estate investment trust's stock worth $53,000 after acquiring an additional 533 shares during the last quarter. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on BRX shares. Stifel Nicolaus decreased their price target on 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. Jefferies Financial Group upgraded shares of Brixmor Property Group from a "hold" rating to a "buy" rating and raised their price objective for the company from $28.00 to $33.00 in a research report on Friday, February 14th. Mizuho lowered 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 research report on Tuesday, February 25th. The Goldman Sachs Group lowered their price objective on shares of Brixmor Property Group from $33.00 to $29.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Finally, Wells Fargo & Company dropped their target price on 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. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $30.40.

Brixmor Property Group Trading Down 1.0%

Shares of NYSE BRX traded down $0.27 during midday trading on Monday, reaching $26.31. 5,329,799 shares of the stock were exchanged, compared to its average volume of 2,204,881. 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. Brixmor Property Group Inc. has a 12 month low of $21.32 and a 12 month high of $30.67. The company has a market capitalization of $8.05 billion, a price-to-earnings ratio of 23.70, a P/E/G ratio of 2.66 and a beta of 1.25.

Brixmor Property Group (NYSE:BRX - Get Free Report) last issued its quarterly earnings data 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. Brixmor Property Group had a return on equity of 11.72% and a net margin of 26.40%. The business had revenue of $337.51 million during the quarter, compared to analyst estimates of $329.81 million. During the same period in the previous year, the firm earned $0.54 EPS. Brixmor Property Group's quarterly revenue was up 5.4% compared to the same quarter last year. As a group, equities research analysts expect that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Dividend Announcement

The company 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 4.37%. The ex-dividend date is Wednesday, July 2nd. Brixmor Property Group's dividend payout ratio (DPR) is presently 109.52%.

Brixmor Property Group Company 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.