Brixmor Property Group logoff & Phelps Investment Management Co. Trimmed its position in shares of Brixmor Property Group Inc (NYSE: BRX) via 7.9% within the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,224,422 stocks of the real property funding accept as true with’s inventory after selling 189, six hundred stocks all through the period. Duff & Phelps Investment Management Co. Owned zero.75% of Brixmor Property Group really worth $forty,863,000 at the quiet of the most recent region.
A wide variety of different institutional buyers have additionally lately offered and bought stocks of the commercial enterprise. Zimmer Partners LP received a brand new stake in stocks of Brixmor Property Group in the 4th zone well worth about $63,288,000. American Century Companies Inc. Lifted its stake in shares of Brixmor Property Group by means of 3, six hundred.7% within the 4th zone. American Century Companies Inc. Now owns 4,026,684 shares of the real property funding consider’s stock well worth $ fifty-nine,152,000 after acquiring a further 3,917,876 stocks throughout the length. Norges Bank obtained a brand new stake in stocks of Brixmor Property Group in the 4th are really worth about $ forty-four, a hundred ninety,000. Cohen & Steers Inc. Lifted its stake in stocks of Brixmor Property Group by using 14.Five% in the 3rd sector. Cohen & Steers Inc. Now owns 18,397,281 shares of the real property funding agree with’s stock really worth $322,136,000 after obtaining a further 2,326,047 shares in the course of the duration. Finally, Nuveen Asset Management LLC lifted its stake in shares of Brixmor Property Group through 116.0% inside the 4th zone. Nuveen Asset Management LLC now owns three, half,652 stocks of the real property investment accept as true with’s inventory well worth $ forty-five,034,000 after obtaining an additional 1,646,091 shares at some stage in the period. Ninety eight.90% of the inventory is owned with the aid of hedge price range and different institutional investors.
Shares of BRX opened at $17.83 on Thursday. Brixmor Property Group Inc has a 52 week low of $thirteen.96 and a 52 week high of $18.Seventy-one. The organization has a market cap of $5.33 billion, a P/E ratio of 9.64, a P/E/G ratio of two.24 and a beta of 0.Seventy five. The organization has a present-day ratio of zero.52, a quick ratio of 0.Fifty nine and a debt-to-equity ratio of one.74.
Brixmor Property Group (NYSE: BRX) closing introduced its quarterly earnings statistics on Monday, April 29th. The actual property investment trust reported $zero.21 EPS for the sector, missing the Zacks’ consensus estimate of $0.Forty-seven by way of ($zero.26). Brixmor Property Group had an internet margin of 30. Forty-seven % and a return on equity of 12.96%. The organization had sales of $291.10 million for the region, as compared to analysts’ expectancies of $290.85 million. During the same duration inside the preceding 12 months, the firm published $0.51 income consistent with share. The commercial enterprise’s revenue for the quarter became down 8.2% on a yr-over-12 months foundation. On average, equities research analysts expect that Brixmor Property Group Inc will publish 1.89 EPS for the cutting-edge year.
The firm also recently announced a quarterly dividend, so one can be paid on Monday, July 15th. Shareholders of the file on Friday, July fifth might be given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 6.28%. The ex-dividend date is Wednesday, July third. Brixmor Property Group’s dividend payout ratio is 60.Fifty-four %.
A range of research firms currently commented on BRX. Barclays reiterated a “hold” score and issued a $17.00 goal charge on stocks of Brixmor Property Group in a report on Wednesday, March sixth. Zacks Investment Research downgraded shares of Brixmor Property Group from a “hold” rating to a “sell” rating in a record on Wednesday, February twentieth. BMO Capital Markets restated a “maintain” rating and set a $17.00 price goal on shares of Brixmor Property Group in a report on Monday, February 11th. ValuEngine upgraded stocks of Brixmor Property Group from a “promote” rating to a “keep” rating in a record on Tuesday, January twenty-ninth. Finally, Stifel Nicolaus boosted their rate target on shares of Brixmor Property Group from $17.50 to $18.00 and gave the business enterprise a “preserve” rating in a file on Tuesday. Ten studies analysts have rated the stock with a hold score and six have given a buy score to the enterprise’s stock. The stock has a consensus score of “Hold” and a median target price of $18.39.