Voya Investment Management LLC Has $16.85 Million Holdings in Brixmor Property Group Inc. (NYSE:BRX)

Voya Investment Management LLC trimmed its holdings in shares of Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 3.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 605,125 shares of the real estate investment trust's stock after selling 23,827 shares during the quarter. Voya Investment Management LLC owned about 0.20% of Brixmor Property Group worth $16,847,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Park Avenue Securities LLC raised its holdings in Brixmor Property Group by 95.0% during the 4th quarter. Park Avenue Securities LLC now owns 25,852 shares of the real estate investment trust's stock worth $720,000 after purchasing an additional 12,593 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Brixmor Property Group during the fourth quarter worth about $620,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Brixmor Property Group by 38.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 218,145 shares of the real estate investment trust's stock valued at $6,073,000 after purchasing an additional 60,567 shares in the last quarter. Invesco Ltd. boosted its holdings in 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 acquiring an additional 2,180,541 shares during the last quarter. Finally, Wealthfront Advisers LLC purchased a new stake in shares of Brixmor Property Group during the fourth quarter valued at approximately $1,699,000. 98.43% of the stock is currently owned by institutional investors.

Brixmor Property Group Stock Performance

BRX stock traded down $0.01 during trading on Wednesday, reaching $24.90. 2,677,954 shares of the company's stock were exchanged, compared to its average volume of 2,221,627. Brixmor Property Group Inc. has a 1-year low of $21.32 and a 1-year high of $30.67. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.79. The firm has a market cap of $7.62 billion, a PE ratio of 22.43, a P/E/G ratio of 2.66 and a beta of 1.30. The company's fifty day moving average price is $25.79 and its 200-day moving average price is $27.11.

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

Brixmor Property Group Announces Dividend

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

Analysts Set New Price Targets

A number of research firms recently issued reports on BRX. Evercore ISI upgraded Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price objective on the stock in a research note on Tuesday, February 11th. Jefferies Financial Group upgraded Brixmor Property Group from a "hold" rating to a "buy" rating and boosted their price target for the company from $28.00 to $33.00 in a report on Friday, February 14th. Mizuho dropped their price target on Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 25th. Stifel Nicolaus reduced their price target on shares of Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating for the company in a research report on Tuesday, February 11th. Finally, Scotiabank dropped their price objective on shares of Brixmor Property Group from $32.00 to $30.00 and set a "sector outperform" rating on the stock in a report on Friday, February 28th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average 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.