Ceredex Value Advisors LLC Boosts Stock Position in Brixmor Property Group Inc. (NYSE:BRX)

Ceredex Value Advisors LLC lifted its holdings in shares of Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 6.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 552,850 shares of the real estate investment trust's stock after purchasing an additional 32,950 shares during the period. Ceredex Value Advisors LLC owned about 0.18% of Brixmor Property Group worth $15,391,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in BRX. US Bancorp DE raised its holdings in Brixmor Property Group by 5.3% during the 4th quarter. US Bancorp DE now owns 8,064 shares of the real estate investment trust's stock valued at $225,000 after buying an additional 405 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its stake in Brixmor Property Group by 0.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 61,435 shares of the real estate investment trust's stock worth $1,710,000 after acquiring an additional 434 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Brixmor Property Group by 5.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 8,761 shares of the real estate investment trust's stock worth $244,000 after acquiring an additional 441 shares in the last quarter. CIBC Asset Management Inc raised its stake in Brixmor Property Group by 5.8% during the fourth quarter. CIBC Asset Management Inc now owns 9,363 shares of the real estate investment trust's stock valued at $261,000 after buying an additional 511 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted 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 acquiring an additional 521 shares in the last quarter. Hedge funds and other institutional investors own 98.43% of the company's stock.

Brixmor Property Group Trading Down 1.8 %

NYSE BRX traded down $0.46 during trading on Monday, hitting $25.08. The stock had a trading volume of 245,378 shares, compared to its average volume of 2,202,311. Brixmor Property Group Inc. has a one year low of $21.32 and a one year high of $30.67. The stock has a market capitalization of $7.67 billion, a price-to-earnings ratio of 22.59, a P/E/G ratio of 2.66 and a beta of 1.30. The stock has a 50 day simple moving average of $26.12 and a 200 day simple moving average of $27.20. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.16 and a current ratio of 1.16.

Brixmor Property Group (NYSE:BRX - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.53 EPS 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%. Sell-side analysts predict that Brixmor Property Group Inc. will post 2.22 earnings per share for the current year.

Brixmor Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Wednesday, April 2nd were paid a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 4.59%. The ex-dividend date of this dividend was Wednesday, April 2nd. This is a positive change from Brixmor Property Group's previous quarterly dividend of $0.29. Brixmor Property Group's payout ratio is 103.60%.

Analyst Upgrades and Downgrades

BRX has been the topic of several recent analyst reports. Mizuho cut 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. Jefferies Financial Group raised Brixmor Property Group from a "hold" rating to a "buy" rating and lifted their target price for the stock from $28.00 to $33.00 in a report on Friday, February 14th. Wells Fargo & Company dropped their price objective on 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. Evercore ISI raised shares of Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price target on the stock in a report on Tuesday, February 11th. Finally, Stifel Nicolaus dropped their target price on Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating on the stock in a research report on Tuesday, February 11th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $30.48.

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.