Corient Private Wealth LP Makes New $1.14 Million Investment in Brixmor Property Group Inc. $BRX

Corient Private Wealth LP acquired a new position in shares of Brixmor Property Group Inc. (NYSE:BRX) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 36,093 shares of the real estate investment trust’s stock, valued at approximately $1,138,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in shares of Brixmor Property Group in the 2nd quarter worth about $90,382,000. Caisse de depot et placement du Quebec acquired a new stake in Brixmor Property Group during the 2nd quarter valued at $29,326,000. Man Group plc acquired a new stake in Brixmor Property Group during the 2nd quarter valued at $4,179,000. Jupiter Topco LLC purchased a new stake in Brixmor Property Group during the 2nd quarter worth $4,228,000. Finally, J. Goldman & Co LP acquired a new position in Brixmor Property Group in the 2nd quarter worth $18,702,000. Institutional investors and hedge funds own 98.43% of the company’s stock.

Brixmor Property Group Stock Down 0.5%

Shares of Brixmor Property Group stock opened at $29.13 on Friday. The business has a 50-day moving average price of $30.73 and a 200 day moving average price of $30.37. Brixmor Property Group Inc. has a fifty-two week low of $24.66 and a fifty-two week high of $32.86. The firm has a market cap of $8.94 billion, a P/E ratio of 20.81, a P/E/G ratio of 2.22 and a beta of 0.97. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.76.

Brixmor Property Group (NYSE:BRX) last issued its earnings results on Monday, July 27th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.34). The company had revenue of $354.20 million during the quarter, compared to analyst estimates of $354.39 million. Brixmor Property Group had a return on equity of 14.38% and a net margin of 30.82%.Brixmor Property Group’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.56 earnings per share. Brixmor Property Group has set its FY 2026 guidance at 2.350-2.370 EPS. On average, sell-side analysts forecast that Brixmor Property Group Inc. will post 2.36 earnings per share for the current fiscal 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 issued a dividend of $0.3075 per share. This represents a $1.23 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, October 2nd. Brixmor Property Group’s dividend payout ratio (DPR) is currently 87.86%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. UBS Group lifted their target price on Brixmor Property Group from $34.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Jefferies Financial Group upgraded Brixmor Property Group to a “strong-buy” rating in a report on Friday, June 26th. Piper Sandler increased their target price on Brixmor Property Group from $34.00 to $40.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Brixmor Property Group in a research report on Friday, July 31st. Finally, Citigroup lifted their price target on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.