Duff & Phelps Investment Management Co. Has $115.22 Million Stock Holdings in Brixmor Property Group Inc. $BRX

Duff & Phelps Investment Management Co. trimmed its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 1.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,162,701 shares of the real estate investment trust’s stock after selling 42,700 shares during the quarter. Brixmor Property Group comprises 1.3% of Duff & Phelps Investment Management Co.’s portfolio, making the stock its 24th biggest holding. Duff & Phelps Investment Management Co. owned about 1.36% of Brixmor Property Group worth $115,224,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its position in Brixmor Property Group by 39.9% in the 1st quarter. Royal Bank of Canada now owns 203,615 shares of the real estate investment trust’s stock valued at $5,405,000 after acquiring an additional 58,058 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Brixmor Property Group by 5.6% during the first quarter. Goldman Sachs Group Inc. now owns 1,703,625 shares of the real estate investment trust’s stock worth $45,231,000 after purchasing an additional 89,827 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Brixmor Property Group by 4.4% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 220,104 shares of the real estate investment trust’s stock valued at $5,732,000 after purchasing an additional 9,215 shares during the last quarter. ProShare Advisors LLC grew its stake in shares of Brixmor Property Group by 4.2% during the second quarter. ProShare Advisors LLC now owns 13,571 shares of the real estate investment trust’s stock valued at $353,000 after purchasing an additional 542 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Brixmor Property Group by 145.7% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 213,318 shares of the real estate investment trust’s stock valued at $5,555,000 after purchasing an additional 126,499 shares in the last quarter. Institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Price Performance

Shares of BRX stock opened at $29.89 on Thursday. Brixmor Property Group Inc. has a 52-week low of $22.28 and a 52-week high of $30.70. The stock has a market cap of $9.16 billion, a PE ratio of 23.72, a PEG ratio of 2.69 and a beta of 1.06. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.11 and a current ratio of 1.11. The firm’s 50 day moving average price is $27.93 and its two-hundred day moving average price is $27.20.

Brixmor Property Group (NYSE:BRX) last issued its earnings results on Monday, February 9th. The real estate investment trust reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The company had revenue of $353.75 million during the quarter, compared to analysts’ expectations of $347.42 million. Brixmor Property Group had a net margin of 28.16% and a return on equity of 13.00%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. As a group, analysts forecast that Brixmor Property Group Inc. will post 2.22 EPS for the current year.

Brixmor Property Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be issued a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Thursday, April 2nd. Brixmor Property Group’s dividend payout ratio is currently 97.62%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on BRX shares. Scotiabank dropped their price objective on shares of Brixmor Property Group from $30.00 to $29.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 14th. Truist Financial lifted their target price on Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. UBS Group raised their price target on Brixmor Property Group from $29.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Finally, Piper Sandler lifted their price objective on Brixmor Property Group from $31.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $30.82.

Insiders Place Their Bets

In other Brixmor Property Group news, Director Julie Bowerman sold 8,000 shares of the stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $29.03, for a total value of $232,240.00. Following the transaction, the director owned 18,400 shares of the company’s stock, valued at approximately $534,152. This represents a 30.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.75% of the company’s stock.

Brixmor Property Group Profile

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor’s core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company’s main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.