Brixmor Property Group Inc. (BRX) Files Form 4 Insider Selling : Steven F Siegel Sells 6,000 Shares

Brixmor Property Group Inc. (BRX): Steven F Siegel , EVP, General Counsel of Brixmor Property Group Inc. sold 6,000 shares on Jun 30, 2016. The Insider selling transaction was reported by the company on Jul 1, 2016 to the Securities and Exchange Commission. The shares were sold at $26.34 per share for a total value of $158,040.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, Steven F Siegel (EVP, General Counsel) sold 6,000 shares at $25.32 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.

Shares of Brixmor Property Group Inc (BRX) ended Wednesday, Jun 29, 2016 session in red amid volatile trading. The shares closed down -0.06 points or -0.22% at $26.93 with 24,23,767 shares getting traded. Post opening the session at $27.05, the shares hit an intraday low of $26.8 and an intraday high of $27.35 and the price vacillated in this range throughout the day. The company has a market cap of $8,059 M and the number of outstanding shares has been calculated to be 29,92,57,740 shares. The 52-week high of Brixmor Property Group Inc is $26.99 and the 52-week low is $19.91.

Brixmor Property Group Inc Money Flow Index Chart

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. (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 Company’s principal business is the ownership and operation of community and neighborhood shopping centers. The Company’s 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 Company’s community and neighborhood shopping centers provide a mix of retailers and are primarily located in the 50 Metropolitan Statistical Areas.

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