Julie Bowerman Sells 8,000 Shares of Brixmor Property Group (NYSE:BRX) Stock

Brixmor Property Group Inc. (NYSE:BRX) Director Julie Bowerman sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $29.03, for a total transaction of $232,240.00. Following the sale, the director owned 18,400 shares in the company, valued at $534,152. The trade was a 30.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Brixmor Property Group Stock Performance

Brixmor Property Group stock traded up $0.25 during mid-day trading on Friday, reaching $29.27. The company’s stock had a trading volume of 3,133,022 shares, compared to its average volume of 3,185,021. The firm’s fifty day moving average price is $26.38 and its two-hundred day moving average price is $26.73. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.19 and a current ratio of 1.11. Brixmor Property Group Inc. has a 12-month low of $22.28 and a 12-month high of $29.42. The company has a market capitalization of $8.97 billion, a P/E ratio of 23.23, a PEG ratio of 2.53 and a beta of 1.10.

Brixmor Property Group (NYSE:BRX) last issued its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.The business had revenue of $353.75 million for the quarter, compared to analysts’ expectations of $347.42 million. During the same quarter in the prior year, the firm posted $0.53 EPS. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. Sell-side analysts predict that Brixmor Property Group Inc. will post 2.22 EPS for the current fiscal year.

Brixmor Property Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be paid a $0.3075 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $1.23 annualized dividend and a yield of 4.2%. Brixmor Property Group’s dividend payout ratio is currently 97.62%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BRX. Scotiabank dropped their price target on 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. Wells Fargo & Company started coverage on shares of Brixmor Property Group in a report on Tuesday, October 21st. They set an “equal weight” rating and a $28.00 price objective for the company. JPMorgan Chase & Co. raised their price objective on Brixmor Property Group from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, October 29th. UBS Group boosted their target price on Brixmor Property Group from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Brixmor Property Group in a research report on Monday, December 22nd. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.30.

Institutional Investors Weigh In On Brixmor Property Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Clearstead Advisors LLC grew its position in Brixmor Property Group by 96.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,006 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 495 shares during the last quarter. Mather Group LLC. purchased a new stake in shares of Brixmor Property Group during the third quarter valued at approximately $28,000. Loomis Sayles & Co. L P grew its holdings in shares of Brixmor Property Group by 1,215.1% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,223 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 1,130 shares during the last quarter. Quent Capital LLC purchased a new position in shares of Brixmor Property Group in the third quarter worth $35,000. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in Brixmor Property Group during the 4th quarter valued at $42,000. Institutional investors own 98.43% of the company’s stock.

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.