State of Wisconsin Investment Board boosted its position in Brixmor Property Group Inc. (NYSE:BRX) by 15.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 280,009 shares of the real estate investment trust’s stock after buying an additional 38,184 shares during the period. State of Wisconsin Investment Board owned 0.09% of Brixmor Property Group worth $5,007,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. DnB Asset Management AS boosted its position in shares of Brixmor Property Group by 25.4% in the first quarter. DnB Asset Management AS now owns 24,200 shares of the real estate investment trust’s stock worth $519,000 after buying an additional 4,900 shares in the last quarter. Mn Services Vermogensbeheer B.V. boosted its position in shares of 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 in the last quarter. Canada Pension Plan Investment Board boosted its position in shares of Brixmor Property Group by 136.7% in the first quarter. Canada Pension Plan Investment Board now owns 49,700 shares of the real estate investment trust’s stock worth $1,067,000 after buying an additional 28,700 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in shares of Brixmor Property Group by 2.0% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 86,685 shares of the real estate investment trust’s stock worth $1,860,000 after buying an additional 1,679 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI boosted its position in shares of Brixmor Property Group by 22.7% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 13,054 shares of the real estate investment trust’s stock worth $280,000 after buying an additional 2,415 shares in the last quarter.

Shares of Brixmor Property Group Inc. (NYSE BRX) opened at 18.72 on Friday. The company has a 50-day moving average of $19.17 and a 200 day moving average of $19.96. Brixmor Property Group Inc. has a 52-week low of $17.35 and a 52-week high of $29.14. The company has a market capitalization of $5.71 billion, a PE ratio of 19.18 and a beta of 0.53.

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

The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Thursday, October 5th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 5.56%. The ex-dividend date is Wednesday, October 4th. Brixmor Property Group’s dividend payout ratio is presently 106.12%.

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BRX has been the topic of a number of recent analyst reports. Citigroup Inc. reduced their price target on shares of Brixmor Property Group from $26.00 to $20.50 and set a “neutral” rating on the stock in a research report on Tuesday, May 9th. Zacks Investment Research raised shares of Brixmor Property Group from a “sell” rating to a “hold” rating in a research report on Friday, May 19th. ValuEngine cut shares of Brixmor Property Group from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Barclays PLC reduced their price target on shares of Brixmor Property Group from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Friday, June 16th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $23.00 price objective on shares of Brixmor Property Group in a research report on Monday, June 19th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. Brixmor Property Group has a consensus rating of “Hold” and a consensus price target of $25.06.

In related news, Director John Schreiber bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were acquired at an average cost of $18.72 per share, with a total value of $187,200.00. Following the completion of the purchase, the director now directly owns 20,000 shares in the company, valued at $374,400. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider James M. Taylor, Jr. bought 15,600 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The shares were bought at an average cost of $19.24 per share, for a total transaction of $300,144.00. Following the completion of the purchase, the insider now owns 224,793 shares of the company’s stock, valued at $4,325,017.32. The disclosure for this purchase can be found here. 0.27% of the stock is 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.

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

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