Charles Schwab Investment Management Inc. boosted its stake in Brixmor Property Group Inc. (NYSE:BRX) by 3.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,141,430 shares of the real estate investment trust's stock after purchasing an additional 189,562 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.68% of Brixmor Property Group worth $136,505,000 at the end of the most recent quarter. \n\nA number of other large investors have also added to or reduced their stakes in the stock. Canada Pension Plan Investment Board grew its position in Brixmor Property Group by 6.4% in the 4th quarter. Canada Pension Plan Investment Board now owns 7,792,016 shares of the real estate investment trust's stock worth $216,930,000 after purchasing an additional 467,146 shares during the period. Deutsche Bank AG grew its position in Brixmor Property Group by 31.3% in the 4th quarter. Deutsche Bank AG now owns 5,882,828 shares of the real estate investment trust's stock worth $163,778,000 after purchasing an additional 1,404,034 shares during the period. Invesco Ltd. grew its position in Brixmor Property Group by 61.1% in the 4th quarter. Invesco Ltd. now owns 5,748,492 shares of the real estate investment trust's stock worth $160,038,000 after purchasing an additional 2,180,541 shares during the period. Ameriprise Financial Inc. grew its position in Brixmor Property Group by 7.8% in the 4th quarter. Ameriprise Financial Inc. now owns 5,453,599 shares of the real estate investment trust's stock worth $151,155,000 after purchasing an additional 393,317 shares during the period. Finally, Northern Trust Corp grew its position in Brixmor Property Group by 96.2% in the 4th quarter. Northern Trust Corp now owns 4,870,342 shares of the real estate investment trust's stock worth $135,590,000 after purchasing an additional 2,388,264 shares during the period. Institutional investors own 98.43% of the company's stock.\n\nAnalysts Set New Price Targets: BRX has been the subject of a number of research analyst reports. Mizuho raised shares of Brixmor Property Group from a 'neutral' rating to an 'outperform' rating and set a $29.00 target price for the company in a research report on Thursday, July 17th. Stifel Nicolaus cut their price objective on shares of Brixmor Property Group from $29.50 to $29.00 and set a 'hold' rating for the company in a research report on Tuesday, July 29th. Scotiabank cut their price objective on shares of Brixmor Property Group from $30.00 to $29.00 and set a 'sector outperform' rating for the company in a research report on Monday, May 12th. UBS Group started coverage on shares of Brixmor Property Group in a research report on Friday, May 30th. They set a 'buy' rating and a $29.00 price objective for the company. Finally, The Goldman Sachs Group cut their price objective on shares of Brixmor Property Group from $33.00 to $29.00 and set a 'buy' rating for the company in a research report on Thursday, May 1st. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of 'Moderate Buy' and a consensus target price of $30.08.\n\nBrixmor Property Group Stock Down 2.2% opened at $25.55 on Monday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.74 and a current ratio of 0.74. Brixmor Property Group Inc. has a fifty-two week low of $22.28 and a fifty-two week high of $30.67. The firm's fifty day moving average is $25.78 and its 200 day moving average is $25.89. The stock has a market cap of $7.82 billion, a price-to-earnings ratio of 23.22, a price-to-earnings-growth ratio of 2.65 and a beta of 1.29.\n\nBrixmor Property Group (NYSE:BRX) last released its earnings results on Monday, July 28th. The real estate investment trust reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.01. Brixmor Property Group had a net margin of 25.27% and a return on equity of 11.39%. The company had revenue of $339.40 million for the quarter, compared to analysts' expectations of $332.59 million. During the same quarter in the previous year, the company earned $0.54 EPS. Brixmor Property Group's revenue for the quarter was up 7.5% on a year-over-year basis. On average, sell-side analysts forecast that Brixmor Property Group Inc. will post 2.22 earnings per share for the current fiscal year.\n\nBrixmor Property Group Dividend Announcement: The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Thursday, October 2nd will be paid a $0.2875 dividend. The ex-dividend date is Thursday, October 2nd. This represents a $1.15 annualized dividend and a yield of 4.5%. Brixmor Property Group's payout ratio is presently 104.55%.\n\nAbout Brixmor Property Group: 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.

Charles Schwab Investment Management Inc. Buys 189,562 Shares of Brixmor Property Group Inc. (NYSE:BRX)

Charles Schwab Investment Management Inc. increased its stake in Brixmor Property Group Inc. (BRX) by 3.8% in the first quarter, owning 5,141,430 shares worth $136.5 million as of the end of the quarter. Other major institutional investors, including the Canada Pension Plan Investment Board, Deutsche Bank AG, Invesco Ltd., Ameriprise Financial Inc., and Northern Trust Corp., also adjusted their holdings in the fourth quarter. Analysts from Mizuho, Stifel Nicolaus, Scotiabank, UBS, and The Goldman Sachs Group updated their ratings and price targets for BRX, with most setting a target price of $29.00. The company reported quarterly earnings of $0.56 per share, exceeding expectations, with a 7.5% year-over-year revenue increase. Brixmor announced a quarterly dividend of $0.2875, resulting in an annualized dividend of $1.15 and a 4.5% yield, though the payout ratio is 104.55%. The company has a market cap of $7.82 billion, a price-to-earnings ratio of 23.22, and a debt-to-equity ratio of 1.73. Brixmor Property Group is headquartered in New York, NY and operates as a real estate investment trust focused on grocery-anchored shopping centers.