Tudor Investment Corp ET AL Sells 597,514 Shares of Brixmor Property Group Inc. (NYSE:BRX)

Tudor Investment Corp ET AL lessened its holdings in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 89.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 67,139 shares of the real estate investment trust's stock after selling 597,514 shares during the period. Tudor Investment Corp ET AL's holdings in Brixmor Property Group were worth $1,869,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of BRX. V Square Quantitative Management LLC purchased a new position in Brixmor Property Group during the fourth quarter valued at $26,000. Smartleaf Asset Management LLC increased its position in 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 worth $26,000 after purchasing an additional 521 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Brixmor Property Group in the 4th quarter worth $26,000. UMB Bank n.a. raised its position in shares of 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 valued at $46,000 after buying an additional 693 shares in the last quarter. Finally, Quarry LP lifted its holdings in shares of Brixmor Property Group by 39.0% in the 4th quarter. Quarry LP now owns 1,901 shares of the real estate investment trust's stock valued at $53,000 after acquiring an additional 533 shares during the last quarter. 98.43% of the stock is owned by institutional investors.

Brixmor Property Group Trading Up 0.2 %

Shares of NYSE BRX traded up $0.06 during trading hours on Friday, reaching $25.17. The stock had a trading volume of 1,594,488 shares, compared to its average volume of 2,192,177. The business's fifty day moving average price is $25.47 and its two-hundred day moving average price is $26.99. The firm has a market cap of $7.70 billion, a price-to-earnings ratio of 22.68, a P/E/G ratio of 2.66 and a beta of 1.25. Brixmor Property Group Inc. has a 52-week low of $21.32 and a 52-week high of $30.67. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.79.

Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $329.81 million. During the same quarter in the prior year, the company earned $0.54 EPS. The business's revenue was up 5.4% compared to the same quarter last year. Analysts expect that Brixmor Property Group Inc. will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 2nd will be issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 4.57%. The ex-dividend date of this dividend is Wednesday, July 2nd. Brixmor Property Group's payout ratio is 109.52%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Stifel Nicolaus reduced their price objective on 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 Brixmor Property Group from a "hold" rating to a "buy" rating and boosted their target price for the company from $28.00 to $33.00 in a research report on Friday, February 14th. 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 report on Thursday, May 1st. Mizuho reduced their target price on shares of Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 25th. Finally, Wells Fargo & Company dropped their price target on shares of 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. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $30.48.

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.