Ensign Peak Advisors Inc Has $5.16 Million Holdings in Brixmor Property Group Inc. (NYSE:BRX)

Ensign Peak Advisors Inc raised its holdings in shares of Brixmor Property Group Inc. (NYSE:BRX) by 7.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 185,161 shares of the real estate investment trust’s stock after buying an additional 12,632 shares during the quarter. Ensign Peak Advisors Inc owned about 0.06% of Brixmor Property Group worth $5,155,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of BRX. Park Avenue Securities LLC increased its position in shares of Brixmor Property Group by 95.0% during the fourth quarter. Park Avenue Securities LLC now owns 25,852 shares of the real estate investment trust’s stock valued at $720,000 after purchasing an additional 12,593 shares during the period. Hennion & Walsh Asset Management Inc. increased its position in shares of Brixmor Property Group by 1.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 32,142 shares of the real estate investment trust’s stock valued at $895,000 after purchasing an additional 532 shares during the period. UMB Bank n.a. increased its position in shares of Brixmor Property Group by 73.5% during the fourth quarter. UMB Bank n.a. now owns 1,636 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 693 shares during the period. Crossmark Global Holdings Inc. increased its position in shares of Brixmor Property Group by 67.0% during the fourth quarter. Crossmark Global Holdings Inc. now owns 37,374 shares of the real estate investment trust’s stock valued at $1,041,000 after purchasing an additional 14,995 shares during the period. Finally, SG Americas Securities LLC increased its position in shares of Brixmor Property Group by 840.9% during the fourth quarter. SG Americas Securities LLC now owns 217,433 shares of the real estate investment trust’s stock valued at $6,053,000 after purchasing an additional 194,325 shares during the period. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Brixmor Property Group Trading Down 1.8%

Shares of Brixmor Property Group stock opened at $25.56 on Thursday. The stock has a market capitalization of $7.82 billion, a P/E ratio of 23.03, a price-to-earnings-growth ratio of 2.66 and a beta of 1.25. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.79. The company has a 50-day simple moving average of $25.42 and a 200 day simple moving average of $26.96. Brixmor Property Group Inc. has a 12-month low of $21.32 and a 12-month high of $30.67.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.01. The firm had revenue of $337.51 million during the quarter, compared to analysts’ expectations of $329.81 million. Brixmor Property Group had a net margin of 26.40% and a return on equity of 11.72%. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.54 EPS. Research analysts expect that Brixmor Property Group Inc. will post 2.22 earnings per share for the current fiscal year.

Brixmor Property Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 2nd will be given a $0.2875 dividend. This represents a $1.15 annualized dividend and a yield of 4.50%. The ex-dividend date is Wednesday, July 2nd. Brixmor Property Group’s payout ratio is presently 109.52%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Jefferies Financial Group upgraded Brixmor Property Group from a “hold” rating to a “buy” rating and boosted their price objective for the company from $28.00 to $33.00 in a research report on Friday, February 14th. 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 research report on Tuesday, February 25th. Scotiabank lowered their price objective on Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating on the stock in a research report on Monday. The Goldman Sachs Group dropped their price objective on Brixmor Property Group from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Thursday, May 1st. Finally, Evercore ISI upgraded shares of Brixmor Property Group from an “in-line” rating to an “outperform” rating and set a $31.00 target price on the stock in a research note on Tuesday, February 11th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $30.40.

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.