Shares of Brixmor Property Group Inc. (NYSE:BRX) have earned a consensus rating of “Hold” from the sixteen analysts that are covering the stock. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $28.11.

A number of analysts have commented on the stock. Mitsubishi UFJ Financial Group assumed coverage on shares of Brixmor Property Group in a report on Wednesday, September 7th. They set an “outperform” rating and a $29.00 target price for the company. Evercore ISI raised shares of Brixmor Property Group from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a report on Monday, August 22nd. Deutsche Bank AG raised shares of Brixmor Property Group from a “hold” rating to a “buy” rating and upped their target price for the company from $27.00 to $30.00 in a report on Wednesday, August 17th. Stifel Nicolaus raised shares of Brixmor Property Group from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a report on Monday, August 15th. They noted that the move was a valuation call. Finally, Citigroup Inc. upgraded shares of Brixmor Property Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $28.00 to $31.00 in a research report on Friday, August 12th.

In related news, insider Steven F. Siegel sold 6,000 shares of the company’s stock in a transaction on Monday, October 31st. The shares were sold at an average price of $25.26, for a total transaction of $151,560.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.22% of the company’s stock.

Several large investors have recently made changes to their positions in BRX. Cohen & Steers Inc. increased its stake in shares of Brixmor Property Group by 31.0% in the second quarter. Cohen & Steers Inc. now owns 37,044,411 shares of the real estate investment trust’s stock valued at $980,195,000 after buying an additional 8,757,021 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Brixmor Property Group by 70.0% in the second quarter. Daiwa Securities Group Inc. now owns 16,294,629 shares of the real estate investment trust’s stock valued at $431,156,000 after buying an additional 6,707,889 shares in the last quarter. FMR LLC increased its stake in shares of Brixmor Property Group by 123.4% in the second quarter. FMR LLC now owns 12,076,636 shares of the real estate investment trust’s stock valued at $319,548,000 after buying an additional 6,670,186 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Brixmor Property Group by 57.7% in the third quarter. JPMorgan Chase & Co. now owns 17,377,280 shares of the real estate investment trust’s stock valued at $482,914,000 after buying an additional 6,354,821 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Brixmor Property Group by 17.5% in the second quarter. Vanguard Group Inc. now owns 32,305,634 shares of the real estate investment trust’s stock valued at $854,807,000 after buying an additional 4,801,720 shares in the last quarter.

Brixmor Property Group (NYSE:BRX) opened at 23.65 on Friday. The stock has a market cap of $7.20 billion, a PE ratio of 29.86 and a beta of 0.61. The company has a 50-day moving average of $26.14 and a 200-day moving average of $26.66. Brixmor Property Group has a 12 month low of $19.91 and a 12 month high of $29.14.

Brixmor Property Group (NYSE:BRX) last announced its earnings results on Monday, October 24th. The real estate investment trust reported $0.51 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.51. Brixmor Property Group had a net margin of 18.62% and a return on equity of 8.19%. The business earned $318.58 million during the quarter, compared to analysts’ expectations of $312.70 million. During the same period in the prior year, the company earned $0.51 earnings per share. The firm’s revenue was up 1.8% on a year-over-year basis. On average, equities analysts forecast that Brixmor Property Group will post $2.05 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 17th. Investors of record on Thursday, January 5th will be paid a dividend of $0.26 per share. This is an increase from Brixmor Property Group’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, January 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 4.40%. Brixmor Property Group’s dividend payout ratio is presently 125.64%.

About Brixmor Property Group

Brixmor Property Group Inc and subsidiaries (collectively BPG) is an internally managed real estate investment trust (REIT). Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership) is the entity through which BPG conducts its operations and owns its assets. BPG owns 100% of the common stock of BPG Subsidiary Inc (BPG Sub), which is the sole member of Brixmor OP GP LLC (the General Partner), the sole general partner of the Operating Partnership.

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