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Russell Investments Group Ltd. owns $26.32 million in Brixmor Property Group Inc. stock (NYSE:BRX)

In the most recent filing that the company made with the SEC, it was revealed that during the third quarter, Russell Investments Group Ltd. sold off 25.3% of its holdings in Brixmor Property Group Inc. (NYSE: BRX). Following the completion of the sale of a total of 484,045 shares spread throughout the quarter, the fund was left in possession of a total of 1,427,057 shares of the stock held by the real estate investment trust.

After the most recent reporting period, Russell Investments Group Ltd. held 0.48% of Brixmor Property Group, valued at $26,318,000.

Several other hedge funds have recently implemented various changes to the proportion of the company’s shares that they own.

During the third quarter of the fiscal year, MV Independence LLC increased the percentage of Brixmor Property Group shares that it owned by 52.5%.

During the period that is the subject of this report, tru Independence LLC completed an additional acquisition of 13,000 shares, bringing its total number to 37,760, with a value of $697,000. The Teacher Retirement System of Texas increased the percentage of Brixmor Property Group owned by 138.0% during the third quarter. The Texas Teacher Retirement System now has 114,249 shares of the real estate investment trust following the purchase of an additional 66,255 shares during the most recent quarter. The value of the Teacher Retirement System of Texas’s entire holding in the REIT is now $2,110,000. The amount of Brixmor Property Group that Victory Capital Management Inc. owned in the company increased by 46.6% during the third quarter. Victory Capital Management Inc. now has 273,547 shares of the real estate investment trust, valued at $5,052,000, following purchasing an additional 86,985 shares during the most recent quarter. The Oregon Public Employees Retirement Fund increased the amount of Brixmor Property Group stock owned by 1.9% during the third quarter of the fiscal year. The Oregon Public Employees Retirement Fund currently holds 87,543 shares of the real estate investment trust following the acquisition of an additional 1,664 shares during the most recent time frame. The value of the fund’s 87,543 shares of the REIT comes to a total of $1,617,000.

Last but certainly not least, during the third quarter, the Great West Life Assurance Company of Canada invested $8,577,000 in Brixmor Property Group. This investment should not be considered the least significant. The majority of the company’s shares, or 95.59 percent, are held in institutional investors’ portfolios.
According to some other news concerning the company, Michael B.

Berman, director of Brixmor Property Group, sold 15,000 shares of the firm’s stock on Friday, December 2.

A total of 344,400.00 dollars’ worth of the stock was traded at an average price of $22.96 per share, resulting in revenue for the company of $344,400.00. The director is currently the owner of 45,146 shares of the company, giving the total value of his holdings an amount equal to $1,036,552.16 at present. You will be taken to the legal file presented to the Securities and Exchange Commission if you click the link.

In this file, the transaction is described in greater detail.

Insiders, including employees and other company members, own 0.64% of the business.
A single share on the NYSE: BRX opened for trading on Thursday for $22.69. While the current ratio is 0.55 and the quick ratio is also 0.55, the debt-to-equity ratio comes in at 1.81. The debt-to-equity ratio is higher than the current and quick ratios, which is 0.55. The company’s value is currently 6.81 billion dollars, and it has a beta of 1.55 and P/E ratios of 21.01, 1.60, and 1.60. Over the last year and a half, the price of a share of Brixmor Property Group Inc. has ranged from $17.62 to $27.19, with an average price of $27.19. The company’s moving average for the previous 200 days is $21.69, while the moving average for the previous 50 days is $22.60.

In addition, the business announced a quarterly dividend, which was paid out on January 17 and distributed the following day, January 17. Shareholders who were “recorded” as part of the company on January 4 received a dividend payment of $0.26 per share. This leads to a yield of 4.58% per quarter and a dividend of $1.04 per year due to what happens as a result. The previously distributed quarterly dividends from Brixmor Property Group, which were previously equal to $0.24, have been increased. Tuesday, January 3, was the day that was looked at as the day that the dividend was considered to have been earned. The current dividend payout ratio for Brixmor Property Group is calculated to be 96.30 percent.

Recent times have seen the company receive feedback from various equity research analysts who have followed the company’s progress.

After being established at $22.50, the target price for Brixmor Property Group was increased to $24.00 in a research report made public by Credit Suisse Group on November 4.

Before this, the target price had been set at $22.50. On October 12, coverage of Brixmor Property Group was expanded to include more information about the company by They advised their clients to “hold” the stock moving forward.

In a report distributed on Friday, November 11, Mizuho decreased their “buy” rating and target price for Brixmor Property Group, which had previously been set at $26.00, to $22.00. The previous price target had been $26.00.

Barclays published its research on the company on Tuesday, December 6, and maintained its “overweight” rating on the stock while increasing its target price for Brixmor Property Group from $26.00 to $28.00. Wolfe Research raised its rating on Brixmor Property Group from “peer perform” to “outperform” and established a price objective of $29.00 on the stock in a research report published on Thursday, December 15. This is because the company had previously determined that the stock should reach its price objective of $27.00.

Eight financial analysts have given the company buys recommendations; four analysts have given hold recommendations, and a single analyst has given a sell recommendation. The company is currently rated as having a consensus rating of “Moderate Buy,” Its price objective is an average of $24.42 per share, as indicated by data from

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