Brixmor Property Group Inc. (BRX): Steven F Siegel , EVP, General Counsel of Brixmor Property Group Inc. sold 6,000 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $25.32 per share for a total value of $151,920.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 3, 2016, Steven F Siegel (EVP, General Counsel) sold 6,000 shares at $25.11 per share price.On Oct 23, 2015, Michael B Berman (director) purchased 91 shares at $24.84 per share price.Also, On Aug 31, 2015, William D. Rahm (director) purchased 5,000 shares at $23.50 per share price.On Jul 16, 2015, Michael A Carroll (CEO) purchased 9,146 shares at $23.90 per share price.
Brixmor Property Group Inc: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Brixmor Property Group Inc which led to swings in the share price. The shares opened for trading at $25.14 and hit $25.48 on the upside , eventually ending the session at $25.48, with a gain of 0.91% or 0.23 points. The heightened volatility saw the trading volume jump to 12,54,640 shares. The 52-week high of the share price is $26.98 and the company has a market cap of $7,625 M . The 52-week low of the share price is at $19.91.
Company has been under the radar of several Street Analysts.Brixmor Property Group Inc is Upgraded by JP Morgan to Neutral. Earlier the firm had a rating of Underweight on the company shares. The Rating was issued on Jun 3, 2016.Brixmor Property Group Inc is Initiated by Mizuho to Neutral and the brokerage firm has set the Price Target at $23. The Rating was issued on Apr 14, 2016.Brixmor Property Group Inc is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 27 from a previous price target of $25 .The Rating was issued on Mar 10, 2016.
Brixmor Property Group Inc. (BPG) is an internally managed real estate investment trust (REIT). Brixmor Operating Partnership LP and subsidiaries (collectively the Operating Partnership) is the entity through which BPG conducts its operations and owns its assets. BPG owns 100% of the common stock of BPG Subsidiary Inc. (BPG Sub) which is the sole member of Brixmor OP GP LLC (the General Partner) the sole general partner of the Operating Partnership. The Companys principal business is the ownership and operation of community and neighborhood shopping centers. The Companys portfolio consists of 521 shopping centers totaling approximately 87 million square feet of gross leasable area. 520 of these shopping centers are 100% owned by the Company. The Companys community and neighborhood shopping centers provide a mix of retailers and are primarily located in the 50 Metropolitan Statistical Areas.