Nebula Research & Development LLC Buys 30,680 Shares of Brixmor Property Group Inc. (NYSE:BRX)

Nebula Research & Development LLC boosted its stake in shares of Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 296.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 41,015 shares of the real estate investment trust's stock after purchasing an additional 30,680 shares during the period. Nebula Research & Development LLC's holdings in Brixmor Property Group were worth $1,142,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Canada Pension Plan Investment Board increased its holdings in shares of Brixmor Property Group by 6.4% during the 4th quarter. Canada Pension Plan Investment Board now owns 7,792,016 shares of the real estate investment trust's stock worth $216,930,000 after acquiring an additional 467,146 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Brixmor Property Group by 61.1% during the 4th quarter. Invesco Ltd. now owns 5,748,492 shares of the real estate investment trust's stock worth $160,038,000 after buying an additional 2,180,541 shares during the period. Geode Capital Management LLC grew its stake in Brixmor Property Group by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 5,653,925 shares of the real estate investment trust's stock valued at $157,450,000 after buying an additional 38,911 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Brixmor Property Group by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,685,872 shares of the real estate investment trust's stock worth $130,452,000 after acquiring an additional 38,427 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Brixmor Property Group during the fourth quarter worth approximately $110,205,000. 98.43% of the stock is currently owned by institutional investors.

Brixmor Property Group Trading Down 0.0 %

Shares of NYSE:BRX traded down $0.01 during mid-day trading on Wednesday, hitting $24.90. The company had a trading volume of 2,677,954 shares, compared to its average volume of 2,227,610. The company has a market capitalization of $7.62 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 2.66 and a beta of 1.30. Brixmor Property Group Inc. has a one year low of $21.32 and a one year high of $30.67. The firm has a fifty day moving average price of $25.84 and a 200 day moving average price of $27.13. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.16 and a quick ratio of 1.16.

Brixmor Property Group (NYSE:BRX - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.01. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. The firm had revenue of $337.51 million for the quarter, compared to analyst estimates of $329.81 million. During the same quarter in the prior year, the business earned $0.54 earnings per share. The business's quarterly revenue was up 5.4% compared to the same quarter last year. As a group, research analysts forecast that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Wednesday, July 2nd will be given a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.62%. The ex-dividend date is Wednesday, July 2nd. Brixmor Property Group's payout ratio is 103.60%.

Analysts Set New Price Targets

BRX has been the topic of several research reports. Stifel Nicolaus decreased their price target on shares of Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating on the stock in a research note on Tuesday, February 11th. Jefferies Financial Group raised shares of Brixmor Property Group from a "hold" rating to a "buy" rating and raised their target price for the stock from $28.00 to $33.00 in a report on Friday, February 14th. Scotiabank cut their price target on shares of Brixmor Property Group from $32.00 to $30.00 and set a "sector outperform" rating for the company in a report on Friday, February 28th. Evercore ISI raised Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price target for the company in a report on Tuesday, February 11th. Finally, Mizuho dropped 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 note on Tuesday, February 25th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, Brixmor Property Group currently has an average rating of "Moderate Buy" and a consensus target price 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.