Dupont Capital Management Corp boosted its position in Brixmor Property Group Inc. (NYSE:BRX) by 113.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 109,241 shares of the real estate investment trust’s stock after buying an additional 57,961 shares during the period. Dupont Capital Management Corp’s holdings in Brixmor Property Group were worth $1,953,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its position in Brixmor Property Group by 3.3% in the first quarter. Pacer Advisors Inc. now owns 6,575 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 209 shares during the last quarter. World Asset Management Inc boosted its position in Brixmor Property Group by 2.0% in the first quarter. World Asset Management Inc now owns 12,995 shares of the real estate investment trust’s stock worth $279,000 after buying an additional 256 shares during the last quarter. Fifth Third Bancorp boosted its position in Brixmor Property Group by 0.3% in the first quarter. Fifth Third Bancorp now owns 92,123 shares of the real estate investment trust’s stock worth $1,977,000 after buying an additional 301 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its position in Brixmor Property Group by 4.4% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 8,116 shares of the real estate investment trust’s stock worth $163,000 after buying an additional 341 shares during the last quarter. Finally, Cigna Investments Inc. New boosted its position in Brixmor Property Group by 0.6% in the second quarter. Cigna Investments Inc. New now owns 66,416 shares of the real estate investment trust’s stock worth $1,188,000 after buying an additional 422 shares during the last quarter.

Shares of Brixmor Property Group Inc. (BRX) opened at 18.74 on Friday. The company has a market cap of $5.71 billion, a price-to-earnings ratio of 19.20 and a beta of 0.53. The company has a 50 day moving average of $18.96 and a 200-day moving average of $20.30. Brixmor Property Group Inc. has a 52 week low of $17.35 and a 52 week high of $29.14.

Brixmor Property Group (NYSE:BRX) last announced its earnings results on Monday, July 31st. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.02. The firm had revenue of $322.80 million during the quarter, compared to analysts’ expectations of $315.69 million. Brixmor Property Group had a return on equity of 10.22% and a net margin of 23.06%. The company’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 earnings per share. On average, equities research analysts expect that Brixmor Property Group Inc. will post $0.86 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Thursday, October 5th will be given a $0.26 dividend. The ex-dividend date is Wednesday, October 4th. This represents a $1.04 annualized dividend and a dividend yield of 5.55%. Brixmor Property Group’s dividend payout ratio is 106.12%.

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A number of research analysts have recently commented on the stock. Royal Bank Of Canada reissued a “hold” rating and set a $23.00 target price on shares of Brixmor Property Group in a research report on Wednesday, August 2nd. Zacks Investment Research cut shares of Brixmor Property Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Barclays PLC reduced their target price on shares of Brixmor Property Group from $22.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 18th. Mizuho raised shares of Brixmor Property Group from a “neutral” rating to a “buy” rating and set a $22.00 target price on the stock in a research report on Monday, August 14th. Finally, Boenning Scattergood reissued a “hold” rating on shares of Brixmor Property Group in a research report on Wednesday, August 2nd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $25.55.

In other Brixmor Property Group news, insider James M. Taylor, Jr. acquired 15,600 shares of Brixmor Property Group stock in a transaction dated Thursday, August 17th. The stock was bought at an average cost of $19.24 per share, with a total value of $300,144.00. Following the completion of the transaction, the insider now owns 224,793 shares of the company’s stock, valued at $4,325,017.32. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.27% of the stock is currently owned by corporate insiders.

About Brixmor Property Group

Brixmor Property Group Inc is an internally managed real estate investment trust. The Company conducts its operations primarily through Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership). As of December 31, 2016, it owned interests in 512 shopping centers (the Portfolio) with approximately 86 million square feet of gross leasable area (GLA), including 511 shopping centers and one shopping center held through an unconsolidated joint venture.

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

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