Universal Beteiligungs und Servicegesellschaft mbH Has $16.48 Million Holdings in Brixmor Property Group Inc. $BRX

Universal Beteiligungs und Servicegesellschaft mbH decreased its stake in Brixmor Property Group Inc. (NYSE:BRX) by 1.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 633,040 shares of the real estate investment trust’s stock after selling 7,481 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Brixmor Property Group were worth $16,484,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Louisiana State Employees Retirement System lifted its holdings in shares of Brixmor Property Group by 0.5% during the second quarter. Louisiana State Employees Retirement System now owns 86,100 shares of the real estate investment trust’s stock valued at $2,242,000 after acquiring an additional 400 shares during the period. State of Michigan Retirement System increased its position in shares of Brixmor Property Group by 0.5% during the 2nd quarter. State of Michigan Retirement System now owns 73,607 shares of the real estate investment trust’s stock worth $1,917,000 after purchasing an additional 400 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in Brixmor Property Group by 4.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 10,073 shares of the real estate investment trust’s stock valued at $262,000 after purchasing an additional 451 shares during the last quarter. US Bancorp DE boosted its position in Brixmor Property Group by 6.0% in the first quarter. US Bancorp DE now owns 8,548 shares of the real estate investment trust’s stock valued at $227,000 after buying an additional 484 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in Brixmor Property Group by 53.1% during the first quarter. Smartleaf Asset Management LLC now owns 1,436 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 498 shares during the last quarter. 98.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BRX has been the subject of a number of research analyst reports. Evercore ISI lifted their target price on shares of Brixmor Property Group from $31.00 to $32.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. Stifel Nicolaus dropped their price target on Brixmor Property Group from $29.50 to $29.00 and set a “hold” rating for the company in a report on Tuesday, July 29th. LADENBURG THALM/SH SH started coverage on Brixmor Property Group in a research report on Tuesday, September 9th. They issued a “buy” rating and a $32.00 price objective for the company. Weiss Ratings restated a “buy (b)” rating on shares of Brixmor Property Group in a report on Wednesday, October 8th. Finally, Scotiabank lowered their target price on Brixmor Property Group from $31.00 to $30.00 and set a “sector outperform” rating for the company in a research note on Thursday, November 13th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $30.45.

Insider Activity

In related news, insider Steven F. Siegel sold 25,000 shares of the firm’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $28.21, for a total transaction of $705,250.00. Following the sale, the insider owned 302,657 shares of the company’s stock, valued at approximately $8,537,953.97. This trade represents a 7.63% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.75% of the stock is owned by company insiders.

Brixmor Property Group Stock Performance

BRX stock opened at $26.14 on Wednesday. The company has a 50 day moving average price of $27.12 and a 200 day moving average price of $26.45. Brixmor Property Group Inc. has a fifty-two week low of $22.28 and a fifty-two week high of $30.67. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.19 and a quick ratio of 1.19. The stock has a market capitalization of $8.00 billion, a PE ratio of 23.98, a price-to-earnings-growth ratio of 2.46 and a beta of 1.31.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56. The business had revenue of $340.84 million for the quarter, compared to analysts’ expectations of $335.23 million. Brixmor Property Group had a return on equity of 11.22% and a net margin of 24.70%.The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.52 earnings per share. Brixmor Property Group has set its FY 2025 guidance at 2.23-2.250 EPS. Analysts forecast that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, January 5th will be given a dividend of $0.3075 per share. This is a positive change from Brixmor Property Group’s previous quarterly dividend of $0.29. This represents a $1.23 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Monday, January 5th. Brixmor Property Group’s payout ratio is 105.50%.

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.