Jump Financial LLC Sells 102,701 Shares of Brixmor Property Group Inc. (NYSE:BRX)

Jump Financial LLC lessened its holdings in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 49.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 105,964 shares of the real estate investment trust's stock after selling 102,701 shares during the period. Jump Financial LLC's holdings in Brixmor Property Group were worth $2,950,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. XTX Topco Ltd lifted its position in Brixmor Property Group by 19.8% during the 4th quarter. XTX Topco Ltd now owns 28,780 shares of the real estate investment trust's stock worth $801,000 after acquiring an additional 4,762 shares during the last quarter. Barclays PLC lifted its position in Brixmor Property Group by 122.5% during the 4th quarter. Barclays PLC now owns 463,961 shares of the real estate investment trust's stock worth $12,916,000 after acquiring an additional 255,430 shares during the last quarter. Sterling Capital Management LLC lifted its position in Brixmor Property Group by 4.2% during the 4th quarter. Sterling Capital Management LLC now owns 119,513 shares of the real estate investment trust's stock worth $3,327,000 after acquiring an additional 4,867 shares during the last quarter. Treasurer of the State of North Carolina lifted its position in Brixmor Property Group by 1.0% during the 4th quarter. Treasurer of the State of North Carolina now owns 151,432 shares of the real estate investment trust's stock worth $4,216,000 after acquiring an additional 1,573 shares during the last quarter. Finally, Capital Fund Management S.A. acquired a new position in Brixmor Property Group during the 4th quarter worth $1,559,000. Institutional investors and hedge funds own 98.43% of the company's stock.

Brixmor Property Group Price Performance

Shares of Brixmor Property Group stock traded up $0.01 during midday trading on Wednesday, hitting $25.70. 565,306 shares of the company were exchanged, compared to its average volume of 2,207,434. 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 firm has a market cap of $7.86 billion, a P/E ratio of 23.15, a PEG ratio of 2.66 and a beta of 1.30. Brixmor Property Group Inc. has a 52 week low of $21.32 and a 52 week high of $30.67. The firm has a 50 day simple moving average of $26.03 and a 200-day simple moving average of $27.18.

Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its 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%. Research analysts forecast that Brixmor Property Group Inc. will post 2.22 earnings per share for the current year.

Brixmor Property Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Wednesday, April 2nd were given a $0.2875 dividend. This is an increase from Brixmor Property Group's previous quarterly dividend of $0.29. The ex-dividend date was Wednesday, April 2nd. This represents a $1.15 annualized dividend and a yield of 4.47%. Brixmor Property Group's payout ratio is presently 103.60%.

Analysts Set New Price Targets

A number of research analysts have weighed in on BRX shares. Scotiabank cut their target price on shares of Brixmor Property Group from $32.00 to $30.00 and set a "sector outperform" rating for the company in a research report on Friday, February 28th. Stifel Nicolaus dropped their price objective on shares of Brixmor Property Group from $31.75 to $31.25 and set a "hold" rating on the stock in a report on Tuesday, February 11th. Wells Fargo & Company dropped 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 report on Wednesday, March 26th. Evercore ISI upgraded shares of Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price objective on the stock in a report on Tuesday, February 11th. Finally, Jefferies Financial Group upgraded shares of Brixmor Property Group from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $28.00 to $33.00 in a report on Friday, February 14th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $30.48.

Brixmor Property Group 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.