MQS Management LLC Makes New $893,000 Investment in Brixmor Property Group Inc. $BRX

MQS Management LLC bought a new position in Brixmor Property Group Inc. (NYSE:BRX) in the fourth quarter, HoldingsChannel reports. The fund bought 34,044 shares of the real estate investment trust’s stock, valued at approximately $893,000. Brixmor Property Group makes up about 0.5% of MQS Management LLC’s portfolio, making the stock its 23rd largest position.

A number of other hedge funds have also bought and sold shares of the business. Global Retirement Partners LLC raised its position in Brixmor Property Group by 93.0% in the 4th quarter. Global Retirement Partners LLC now owns 9,010 shares of the real estate investment trust’s stock worth $236,000 after buying an additional 4,341 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in Brixmor Property Group by 350.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 14,798 shares of the real estate investment trust’s stock worth $388,000 after buying an additional 11,513 shares during the last quarter. Handelsbanken Fonder AB raised its position in Brixmor Property Group by 23.6% in the 4th quarter. Handelsbanken Fonder AB now owns 131,304 shares of the real estate investment trust’s stock worth $3,443,000 after buying an additional 25,100 shares during the last quarter. HighTower Advisors LLC raised its position in Brixmor Property Group by 4.6% in the 4th quarter. HighTower Advisors LLC now owns 469,970 shares of the real estate investment trust’s stock worth $12,323,000 after buying an additional 20,662 shares during the last quarter. Finally, Gabelli Funds LLC raised its position in Brixmor Property Group by 3.8% in the 4th quarter. Gabelli Funds LLC now owns 68,855 shares of the real estate investment trust’s stock worth $1,805,000 after buying an additional 2,500 shares during the last quarter. Hedge funds and other institutional investors own 98.43% of the company’s stock.

Brixmor Property Group Trading Down 0.0%

Brixmor Property Group stock opened at $30.85 on Friday. The firm has a 50 day moving average of $29.71 and a 200 day moving average of $27.98. The firm has a market capitalization of $9.46 billion, a price-to-earnings ratio of 21.42, a P/E/G ratio of 2.55 and a beta of 1.00. Brixmor Property Group Inc. has a 12-month low of $24.38 and a 12-month high of $31.49. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81.

Brixmor Property Group (NYSE:BRX) last released its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.16. The company had revenue of $354.82 million during the quarter, compared to analyst estimates of $349.43 million. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.56 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. As a group, research analysts predict that Brixmor Property Group Inc. will post 2.36 earnings per share for the current year.

Brixmor Property Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd will be paid a $0.3075 dividend. This represents a $1.23 annualized dividend and a yield of 4.0%. The ex-dividend date is Thursday, July 2nd. Brixmor Property Group’s dividend payout ratio is presently 85.42%.

Analyst Ratings Changes

A number of equities analysts have weighed in on BRX shares. Evercore raised Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. Stifel Nicolaus upped their price target on shares of Brixmor Property Group from $29.75 to $31.00 and gave the company a “hold” rating in a research report on Tuesday, April 28th. Wells Fargo & Company upped their price target on shares of Brixmor Property Group from $28.00 to $32.00 and gave the company an “equal weight” rating in a research report on Thursday, March 19th. Piper Sandler upped their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Finally, Scotiabank upped their price target on shares of Brixmor Property Group from $29.00 to $33.00 and gave the company a “sector outperform” rating in a research report on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, nine have given 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 price target of $32.45.

About Brixmor Property Group

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.