Capital Fund Management S.A. Purchases New Holdings in Brixmor Property Group Inc. (NYSE:BRX)

Capital Fund Management S.A. purchased a new stake in Brixmor Property Group Inc. (NYSE:BRX - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 55,994 shares of the real estate investment trust's stock, valued at approximately $1,559,000.

Several other institutional investors have also recently bought and sold shares of the company. Park Avenue Securities LLC increased its holdings in Brixmor Property Group by 95.0% in the 4th quarter. Park Avenue Securities LLC now owns 25,852 shares of the real estate investment trust's stock valued at $720,000 after buying an additional 12,593 shares during the period. Proficio Capital Partners LLC bought a new stake in Brixmor Property Group during the 4th quarter valued at $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. Wealthfront Advisers LLC purchased a new stake in Brixmor Property Group in the 4th quarter valued at about $1,699,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Brixmor Property Group during the 4th quarter valued at $5,549,000. Institutional investors own 98.43% of the company's stock.

Wall Street Analyst Weigh In

BRX has been the topic of a number of analyst reports. Wells Fargo & Company decreased their target price on shares of Brixmor Property Group from $27.00 to $26.00 and set an "equal weight" rating on the stock in a report on Wednesday, March 26th. Jefferies Financial Group raised shares of Brixmor Property Group from a "hold" rating to a "buy" rating and lifted their price target for the stock from $28.00 to $33.00 in a research note on Friday, February 14th. Evercore ISI upgraded Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 target price for the company in a report on Tuesday, February 11th. Mizuho decreased their price objective on shares of 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. Finally, Stifel Nicolaus decreased their target price on Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating for the company in a report on Tuesday, February 11th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $30.48.

Brixmor Property Group Stock Performance

Shares of NYSE BRX traded down $0.29 during trading on Monday, reaching $25.25. 90,980 shares of the company traded hands, compared to its average volume of 2,201,838. 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 12-month low of $21.32 and a 12-month high of $30.67. The firm's fifty day simple moving average is $26.12 and its 200 day simple moving average is $27.20. The stock has a market cap of $7.73 billion, a P/E ratio of 22.79, a PEG ratio of 2.66 and a beta of 1.30.

Brixmor Property Group (NYSE:BRX - Get Free Report) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $0.53 earnings per share for the quarter, topping 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%. As a group, research analysts anticipate that Brixmor Property Group Inc. will post 2.22 earnings per share for the current fiscal year.

Brixmor Property Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Wednesday, April 2nd were given a $0.2875 dividend. This represents a $1.15 annualized dividend and a yield of 4.55%. The ex-dividend date of this dividend was Wednesday, April 2nd. This is a boost from Brixmor Property Group's previous quarterly dividend of $0.29. Brixmor Property Group's dividend payout ratio (DPR) is currently 103.60%.

Brixmor Property Group Company 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.