Brixmor Property Group Inc. (NYSE:BRX) Holdings Boosted by Blue Trust Inc.

Blue Trust Inc. grew its holdings in Brixmor Property Group Inc. (NYSE:BRX) by 29.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,683 shares of the real estate investment trust’s stock after purchasing an additional 839 shares during the period. Blue Trust Inc.’s holdings in Brixmor Property Group were worth $103,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of BRX. Quarry LP grew its stake in Brixmor Property Group by 36.3% during the 3rd quarter. Quarry LP now owns 1,368 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 364 shares in the last quarter. Creative Planning boosted its holdings in shares of Brixmor Property Group by 2.8% during the second quarter. Creative Planning now owns 14,615 shares of the real estate investment trust’s stock worth $337,000 after purchasing an additional 396 shares during the period. Janney Montgomery Scott LLC grew its position in Brixmor Property Group by 5.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 8,761 shares of the real estate investment trust’s stock valued at $244,000 after purchasing an additional 441 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in Brixmor Property Group by 1.7% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 32,142 shares of the real estate investment trust’s stock valued at $895,000 after buying an additional 532 shares during the period. Finally, GAMMA Investing LLC lifted its position in Brixmor Property Group by 14.3% in the 4th quarter. GAMMA Investing LLC now owns 5,052 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 631 shares in the last quarter. Institutional investors and hedge funds own 98.43% of the company’s stock.

Analysts Set New Price Targets

BRX has been the subject of several recent research reports. Stifel Nicolaus increased their price objective on Brixmor Property Group from $25.50 to $27.50 and gave the stock a “hold” rating in a report on Tuesday, October 29th. Truist Financial raised their price target on Brixmor Property Group from $28.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. KeyCorp lifted their price target on Brixmor Property Group from $28.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. Wells Fargo & Company dropped their price objective on Brixmor Property Group from $29.00 to $27.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 29th. Finally, Mizuho lifted their target price on shares of Brixmor Property Group from $28.00 to $31.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $30.38.

Brixmor Property Group Price Performance

Shares of BRX stock opened at $26.18 on Friday. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 1.85. Brixmor Property Group Inc. has a 12 month low of $20.80 and a 12 month high of $30.67. The firm has a market cap of $7.91 billion, a price-to-earnings ratio of 24.24, a PEG ratio of 3.60 and a beta of 1.58. The stock has a 50-day moving average price of $27.42 and a 200 day moving average price of $27.35.

Insider Transactions at Brixmor Property Group

In other news, insider Steven F. Siegel sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $29.54, for a total transaction of $738,500.00. Following the sale, the insider now owns 315,004 shares of the company’s stock, valued at $9,305,218.16. This trade represents a 7.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate 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.