22,756 Shares in Brixmor Property Group Inc (BRX) Acquired by Jane Street Group LLC

Jane Street Group LLC 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 SEC. The institutional investor acquired 22,756 shares of the real estate investment trust’s stock, valued at approximately $397,000.

Several other large investors have also added to or reduced their stakes in the company. Daiwa Securities Group Inc. boosted its position in shares of Brixmor Property Group by 5,945.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 4,135,040 shares of the real estate investment trust’s stock valued at $72,073,000 after purchasing an additional 4,066,640 shares during the period. Cbre Clarion Securities LLC boosted its position in shares of Brixmor Property Group by 36.6% in the 2nd quarter. Cbre Clarion Securities LLC now owns 11,807,082 shares of the real estate investment trust’s stock valued at $205,797,000 after purchasing an additional 3,165,324 shares during the period. Marshall Wace LLP acquired a new stake in shares of Brixmor Property Group in the 2nd quarter valued at about $46,025,000. Russell Investments Group Ltd. boosted its position in shares of Brixmor Property Group by 175.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,291,534 shares of the real estate investment trust’s stock valued at $57,675,000 after purchasing an additional 2,098,559 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in shares of Brixmor Property Group by 10,174.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 2,031,929 shares of the real estate investment trust’s stock valued at $465,000 after purchasing an additional 2,012,152 shares during the period.

Brixmor Property Group stock opened at $15.62 on Wednesday. Brixmor Property Group Inc has a twelve month low of $13.74 and a twelve month high of $19.20. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 1.92. The company has a market cap of $5.30 billion, a price-to-earnings ratio of 7.47, a P/E/G ratio of 1.46 and a beta of 0.43.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings data on Monday, July 30th. The real estate investment trust reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.24). Brixmor Property Group had a return on equity of 10.21% and a net margin of 23.30%. The company had revenue of $313.03 million for the quarter, compared to analyst estimates of $307.73 million. During the same period in the previous year, the business posted $0.53 earnings per share. The firm’s revenue was down 3.0% compared to the same quarter last year. As a group, research analysts forecast that Brixmor Property Group Inc will post 2 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Shareholders of record on Friday, October 5th were given a dividend of $0.275 per share. The ex-dividend date of this dividend was Thursday, October 4th. This represents a $1.10 dividend on an annualized basis and a yield of 7.04%. Brixmor Property Group’s payout ratio is 52.63%.

A number of analysts recently issued reports on the company. Zacks Investment Research cut Brixmor Property Group from a “hold” rating to a “sell” rating in a research report on Tuesday. Scotiabank assumed coverage on Brixmor Property Group in a research report on Tuesday. They issued an “outperform” rating for the company. Barclays reissued a “hold” rating and issued a $16.00 target price on shares of Brixmor Property Group in a research report on Sunday. ValuEngine cut Brixmor Property Group from a “sell” rating to a “strong sell” rating in a research report on Tuesday, October 2nd. Finally, Mizuho cut Brixmor Property Group from a “buy” rating to a “neutral” rating and set a $19.00 target price for the company. in a research report on Tuesday, August 21st. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $18.55.

Brixmor Property Group Profile

Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 471 retail centers comprise approximately 80 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers.

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Institutional Ownership by Quarter for Brixmor Property Group (NYSE:BRX)

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