Federated Hermes Adds $85M in Brixmor Property Group Inc. ($BRX)
Key Points
- Federated Hermes changed its Brixmor Property Group Inc. ($BRX) stake by 837.2% last quarter, boosting to 2,972,348 shares worth $95.65 million.
- Wall Street's consensus rating on $BRX is Strong Buy and an average price target of $33.33.
- $BRX last traded around $32.18.
Federated Hermes increased its position in Brixmor Property Group Inc. ($BRX) by 837.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,972,348 shares of Brixmor Property Group Inc. after buying 2,655,208 shares during the quarter. Federated Hermes's holdings in Brixmor Property Group Inc. were worth $95.65 million as of its most recent filing.
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About Brixmor Property Group Inc.
Brixmor Property Group Inc. owns and operates a high-quality, national portfolio of open-air shopping centers. The Company's 344 retail centers comprise approximately 62 million square feet of prime retail space in established trade areas. Brixmor's properties reflect their vision (to be the center of the communities we serve) and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a valued partner to a broad range of retailers, including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores. Brixmor Property Group Inc. was established on May 27, 2011 and is based in New York, United States.
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