Barclays PLC Increases Stock Position in Brixmor Property Group Inc. (NYSE:BRX)

Barclays PLC boosted its position in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 122.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 463,961 shares of the real estate investment trust's stock after acquiring an additional 255,430 shares during the period. Barclays PLC owned 0.15% of Brixmor Property Group worth $12,916,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in shares of Brixmor Property Group during the 4th quarter valued at $26,000. Smartleaf Asset Management LLC raised its holdings 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 buying an additional 521 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Brixmor Property Group in the fourth quarter worth $26,000. UMB Bank n.a. grew its holdings in shares of Brixmor Property Group by 73.5% in the fourth 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 period. Finally, Venturi Wealth Management LLC grew its position in shares of Brixmor Property Group by 140.9% during the 4th quarter. Venturi Wealth Management LLC now owns 1,949 shares of the real estate investment trust's stock valued at $54,000 after acquiring an additional 1,140 shares during the period. Institutional investors and hedge funds own 98.43% of the company's stock.

Analyst Upgrades and Downgrades

BRX has been the topic of a number of recent 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. Wells Fargo & Company cut their price objective on shares of Brixmor Property Group from $27.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Wednesday, March 26th. Jefferies Financial Group raised Brixmor Property Group from a "hold" rating to a "buy" rating and upped their target price for the company from $28.00 to $33.00 in a research report on Friday, February 14th. Evercore ISI upgraded Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price objective for the company in a research note on Tuesday, February 11th. Finally, Scotiabank cut their price objective 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. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $30.48.

Brixmor Property Group Price Performance

NYSE BRX traded up $0.12 on Friday, reaching $25.81. The company's stock had a trading volume of 1,196,536 shares, compared to its average volume of 2,213,453. The firm has a market cap of $7.89 billion, a PE ratio of 23.24, a price-to-earnings-growth ratio of 2.66 and a beta of 1.30. The business has a 50-day moving average price of $25.95 and a 200 day moving average price of $27.16. 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 Inc. has a 52 week low of $21.32 and a 52 week high of $30.67.

Brixmor Property Group (NYSE:BRX - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.31. Brixmor Property Group had a return on equity of 11.72% and a net margin of 26.40%. Sell-side analysts expect that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Wednesday, April 2nd were given a dividend of $0.2875 per share. This is a positive change from Brixmor Property Group's previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.15 annualized dividend and a dividend yield of 4.46%. Brixmor Property Group's dividend payout ratio (DPR) is currently 103.60%.

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.