13,743 Shares in Brixmor Property Group Inc. (NYSE:BRX) Purchased by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC bought a new stake in shares of Brixmor Property Group Inc. (NYSE:BRX - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 13,743 shares of the real estate investment trust's stock, valued at approximately $383,000.

Other large investors also recently made changes to their positions in the company. V Square Quantitative Management LLC purchased a new position in shares of Brixmor Property Group during the 4th quarter valued at $26,000. Headlands Technologies LLC acquired a new stake in shares of Brixmor Property Group during the 4th quarter valued at about $26,000. Smartleaf Asset Management LLC grew its stake in shares of Brixmor Property Group by 124.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 938 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 521 shares in the last quarter. Quarry LP increased its holdings in Brixmor Property Group by 36.3% in the third quarter. Quarry LP now owns 1,368 shares of the real estate investment trust's stock worth $38,000 after buying an additional 364 shares during the last quarter. Finally, UMB Bank n.a. increased its holdings in 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 buying an additional 693 shares during the last quarter. Institutional investors and hedge funds own 98.43% of the company's stock.

Analyst Upgrades and Downgrades

BRX has been the subject of several recent research reports. Stifel Nicolaus decreased their target price 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. Scotiabank lowered their target price on shares of Brixmor Property Group from $32.00 to $30.00 and set a "sector outperform" rating on the stock in a research report on Friday, February 28th. Evercore ISI raised Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price target for the company in a research report on Tuesday, February 11th. Mizuho lowered their price objective on Brixmor Property Group from $31.00 to $29.00 and set a "neutral" rating on the stock in a report on Tuesday, February 25th. Finally, Jefferies Financial Group upgraded Brixmor Property Group from a "hold" rating to a "buy" rating and boosted their target price for the stock from $28.00 to $33.00 in a report on Friday, February 14th. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $30.48.

Brixmor Property Group Stock Performance

Shares of NYSE BRX traded up $0.49 during trading hours on Monday, reaching $24.94. The stock had a trading volume of 163,357 shares, compared to its average volume of 2,470,498. Brixmor Property Group Inc. has a twelve month low of $20.80 and a twelve month high of $30.67. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.16 and a quick ratio of 1.16. The business's fifty day moving average is $26.25 and its two-hundred day moving average is $27.29. The company has a market cap of $7.63 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 2.66 and a beta of 1.30.

Brixmor Property Group (NYSE:BRX - Get Free Report) last issued its earnings results 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 net margin of 26.40% and a return on equity of 11.72%. As a group, research 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 announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Wednesday, April 2nd will be issued a $0.2875 dividend. This is a positive change from Brixmor Property Group's previous quarterly dividend of $0.29. The ex-dividend date is Wednesday, April 2nd. This represents a $1.15 annualized dividend and a dividend yield of 4.61%. Brixmor Property Group's dividend payout ratio is presently 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.