Brixmor Property Group Inc. (NYSE:BRX) Holdings Reduced by Schroder Investment Management Group

Schroder Investment Management Group reduced its position in Brixmor Property Group Inc. (NYSE:BRX - Free Report) by 16.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,083,951 shares of the real estate investment trust's stock after selling 406,880 shares during the period. Schroder Investment Management Group owned approximately 0.69% of Brixmor Property Group worth $57,225,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of BRX. V Square Quantitative Management LLC purchased a new position in Brixmor Property Group in the fourth quarter valued at approximately $26,000. Smartleaf Asset Management LLC raised 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 acquiring an additional 521 shares during the period. Quarry LP lifted its holdings in shares of Brixmor Property Group by 36.3% during the 3rd quarter. Quarry LP now owns 1,368 shares of the real estate investment trust's stock valued at $38,000 after acquiring an additional 364 shares in the last quarter. UMB Bank n.a. boosted its position in Brixmor Property Group by 73.5% during the 4th quarter. UMB Bank n.a. now owns 1,636 shares of the real estate investment trust's stock worth $46,000 after purchasing an additional 693 shares during the period. Finally, Venturi Wealth Management LLC increased its holdings in Brixmor Property Group by 140.9% in 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 purchasing an additional 1,140 shares in the last quarter. 98.43% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

A number of research analysts have commented on the company. Evercore ISI upgraded Brixmor Property Group from an "in-line" rating to an "outperform" rating and set a $31.00 price objective on the stock in a research note on Tuesday, February 11th. BMO Capital Markets upgraded Brixmor Property Group from a "market perform" rating to an "outperform" rating and upped their price target for the stock from $30.00 to $33.00 in a report on Friday, December 6th. Scotiabank lowered 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 research report on Friday, February 28th. Mizuho reduced their target price 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, Jefferies Financial Group raised shares of Brixmor Property Group from a "hold" rating to a "buy" rating and raised their price target for the company 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 issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $30.48.

Brixmor Property Group Stock Down 4.1 %

NYSE:BRX traded down $1.01 during mid-day trading on Friday, reaching $23.96. The stock had a trading volume of 3,429,870 shares, compared to its average volume of 2,221,654. 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 company has a market capitalization of $7.33 billion, a price-to-earnings ratio of 21.58, a price-to-earnings-growth ratio of 2.66 and a beta of 1.30. Brixmor Property Group Inc. has a 1-year low of $20.80 and a 1-year high of $30.67. The stock's 50 day simple moving average is $26.57 and its two-hundred day simple moving average is $27.48.

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 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%. Equities analysts anticipate that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Wednesday, April 2nd. This is a positive change from Brixmor Property Group's previous quarterly dividend of $0.29. This represents a $1.15 annualized dividend and a dividend yield of 4.80%. Brixmor Property Group's payout ratio is 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.