V Square Quantitative Management LLC Invests $26,000 in Brixmor Property Group Inc. (NYSE:BRX)

V Square Quantitative Management LLC acquired a new position in shares of Brixmor Property Group Inc. (NYSE:BRX) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 920 shares of the real estate investment trust’s stock, valued at approximately $26,000.

Several other large investors also recently modified their holdings of BRX. Quarry LP increased its position in shares of Brixmor Property Group by 36.3% during the third quarter. Quarry LP now owns 1,368 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 364 shares during the period. Maryland Capital Advisors Inc. acquired a new stake in shares of Brixmor Property Group during the third quarter worth $46,000. UMB Bank n.a. grew its holdings in Brixmor Property Group by 73.5% in the fourth quarter. UMB Bank n.a. now owns 1,636 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 693 shares during the period. Blue Trust Inc. grew its holdings in Brixmor Property Group by 103.7% in the third quarter. Blue Trust Inc. now owns 2,844 shares of the real estate investment trust’s stock worth $79,000 after purchasing an additional 1,448 shares during the period. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Brixmor Property Group in the third quarter worth $136,000. 98.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on BRX shares. KeyCorp raised their price target on shares of Brixmor Property Group from $28.00 to $32.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. Truist Financial raised their price target on shares of Brixmor Property Group from $28.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, November 15th. BMO Capital Markets upgraded shares of Brixmor Property Group from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $30.00 to $33.00 in a report on Friday, December 6th. Mizuho raised their price target on shares of Brixmor Property Group from $28.00 to $31.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Finally, Jefferies Financial Group raised shares of Brixmor Property Group from a “hold” rating to a “buy” rating and raised their price objective for the company from $28.00 to $33.00 in a research note on Friday. Four research analysts have rated the stock with a hold rating and ten have assigned a buy 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 price target of $30.87.

Brixmor Property Group Stock Down 1.6 %

BRX opened at $27.68 on Tuesday. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.38 and a quick ratio of 1.38. The company’s 50-day moving average is $27.08 and its 200 day moving average is $27.50. Brixmor Property Group Inc. has a fifty-two week low of $20.80 and a fifty-two week high of $30.67. The firm has a market capitalization of $8.36 billion, a P/E ratio of 25.63, a PEG ratio of 2.54 and a beta of 1.58.

Brixmor Property Group (NYSE:BRX) last released its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.31. Brixmor Property Group had a net margin of 25.81% and a return on equity of 11.48%. Research analysts expect that Brixmor Property Group Inc. will post 2.14 earnings per share for the current fiscal year.

Brixmor Property Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Wednesday, April 2nd will be given a $0.2875 dividend. This is a positive change from Brixmor Property Group’s previous quarterly dividend of $0.29. The ex-dividend date is Wednesday, April 2nd. This represents a $1.15 annualized dividend and a yield of 4.16%. Brixmor Property Group’s payout ratio is currently 106.48%.

Insiders Place Their Bets

In other Brixmor Property Group news, insider Steven F. Siegel sold 25,000 shares of Brixmor Property Group stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $29.54, for a total value of $738,500.00. Following the sale, the insider now owns 315,004 shares of the company’s stock, valued at approximately $9,305,218.16. The trade was a 7.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.76% of the company’s stock.

Brixmor Property Group Profile

Brixmor Property Group, Inc operates as a real estate investment trust, which engages in owning and operating a portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.