Macquarie Group Ltd. decreased its position in Brixmor Property Group Inc. (NYSE:BRX) by 25.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 798,215 shares of the real estate investment trust’s stock after selling 266,852 shares during the period. Macquarie Group Ltd. owned approximately 0.27% of Brixmor Property Group worth $21,121,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Point72 Asia Hong Kong Ltd purchased a new stake in shares of Brixmor Property Group during the second quarter valued at about $124,000. Mn Services Vermogensbeheer B.V. increased its stake in shares of Brixmor Property Group by 19.6% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 5,309 shares of the real estate investment trust’s stock valued at $126,000 after buying an additional 871 shares during the period. Public Employees Retirement Association of Colorado increased its stake in shares of Brixmor Property Group by 10.6% in the second quarter. Public Employees Retirement Association of Colorado now owns 6,140 shares of the real estate investment trust’s stock valued at $162,000 after buying an additional 586 shares during the period. American International Group Inc. increased its stake in shares of Brixmor Property Group by 4.7% in the second quarter. American International Group Inc. now owns 6,403 shares of the real estate investment trust’s stock valued at $169,000 after buying an additional 287 shares during the period. Finally, Panagora Asset Management Inc. increased its stake in shares of Brixmor Property Group by 161.6% in the second quarter. Panagora Asset Management Inc. now owns 7,245 shares of the real estate investment trust’s stock valued at $192,000 after buying an additional 4,475 shares during the period.

Institutional Ownership by Quarter for Brixmor Property Group (NYSE:BRX)

Brixmor Property Group Inc. (NYSE:BRX) traded up 0.86% during mid-day trading on Friday, hitting $24.59. 446,432 shares of the company traded hands. The firm has a market capitalization of $7.48 billion, a P/E ratio of 31.05 and a beta of 0.61. The firm has a 50 day moving average of $25.17 and a 200 day moving average of $26.56. Brixmor Property Group Inc. has a one year low of $19.91 and a one year high of $29.14.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings results on Monday, October 24th. The real estate investment trust reported $0.51 earnings per share for the quarter, hitting the 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 had revenue of $318.58 million for the quarter, compared to analysts’ expectations of $312.70 million. During the same period in the previous year, the company earned $0.51 earnings per share. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. Equities research analysts expect that Brixmor Property Group Inc. will post $2.05 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 17th. Investors of record on Thursday, January 5th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Tuesday, January 3rd. This is a boost from Brixmor Property Group’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 4.23%. Brixmor Property Group’s payout ratio is 125.64%.

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BRX has been the subject of several recent analyst reports. TheStreet upgraded shares of Brixmor Property Group from a “sell” rating to a “hold” rating in a research note on Monday, October 31st. Mitsubishi UFJ Financial Group initiated coverage on shares of Brixmor Property Group in a research note on Wednesday, September 7th. They issued an “outperform” rating and a $29.00 target price for the company. Zacks Investment Research downgraded shares of Brixmor Property Group from a “hold” rating to a “sell” rating in a research note on Wednesday, November 9th. Evercore ISI upgraded 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 research note on Monday, August 22nd. Finally, Citigroup Inc. raised shares of Brixmor Property Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $28.00 to $31.00 in a report on Friday, August 12th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $28.36.

In other Brixmor Property Group news, insider Steven F. Siegel sold 6,000 shares of the business’s stock in a transaction dated Monday, October 31st. The shares were sold at an average price of $25.26, for a total value of $151,560.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider James M. Taylor, Jr. bought 10,000 shares of the company’s stock in a transaction on Monday, November 21st. The stock was bought at an average price of $23.82 per share, for a total transaction of $238,200.00. Following the completion of the purchase, the insider now owns 213,590 shares of the company’s stock, valued at $5,087,713.80. The disclosure for this purchase can be found here. Corporate insiders own 0.22% of the company’s stock.

Brixmor Property Group Company Profile

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.

5 Day Chart for NYSE:BRX

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