Deutsche Bank AG Buys New Holdings in Brixmor Property Group Inc. $BRX

Deutsche Bank AG purchased a new position in shares of Brixmor Property Group Inc. (NYSE:BRX) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 3,898,578 shares of the real estate investment trust’s stock, valued at approximately $122,922,000.

Other large investors have also bought and sold shares of the company. Royal Bank of Canada grew its holdings in shares of Brixmor Property Group by 39.9% in the first quarter. Royal Bank of Canada now owns 203,615 shares of the real estate investment trust’s stock worth $5,405,000 after purchasing an additional 58,058 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Brixmor Property Group by 5.6% in 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 buying an additional 89,827 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Brixmor Property Group by 43.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 557 shares during the last quarter. Marshall Wace LLP bought a new stake in Brixmor Property Group during the 2nd quarter valued at $6,048,000. Finally, Gamco Investors INC. ET AL purchased a new stake in Brixmor Property Group during the 2nd quarter valued at $435,000. 98.43% of the stock is owned by hedge funds and other institutional investors.

Brixmor Property Group Stock Up 0.4%

Shares of Brixmor Property Group stock opened at $29.73 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.76. The company’s fifty day simple moving average is $31.31 and its two-hundred day simple moving average is $30.27. The company has a market cap of $9.12 billion, a P/E ratio of 21.24, a PEG ratio of 2.25 and a beta of 0.98. Brixmor Property Group Inc. has a 12-month low of $24.66 and a 12-month high of $32.86.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.24 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.34). Brixmor Property Group had a return on equity of 14.38% and a net margin of 30.82%.The company had revenue of $354.20 million during the quarter, compared to the consensus estimate of $354.39 million. During the same quarter last year, the company posted $0.56 earnings per share. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. Research analysts anticipate that Brixmor Property Group Inc. will post 2.36 EPS for the current year.

Brixmor Property Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be paid a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, October 2nd. Brixmor Property Group’s dividend payout ratio is presently 87.86%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BRX. Citigroup raised their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. BMO Capital Markets upped their price objective on shares of Brixmor Property Group from $35.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. Piper Sandler increased their target price on shares of Brixmor Property Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Jefferies Financial Group raised Brixmor Property Group to a “strong-buy” rating in a research note on Friday, June 26th. Finally, UBS Group boosted their price target on Brixmor Property Group from $34.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $34.33.

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.