Fox Run Management L.l.c. buys $1,040,820 stake in Brixmor Property Group Inc (BRX)

Brixmor Property Group Inc (BRX) : Fox Run Management L.l.c. scooped up 22,900 additional shares in Brixmor Property Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 18, 2016. The investment management firm now holds a total of 38,000 shares of Brixmor Property Group Inc which is valued at $1,040,820.Brixmor Property Group Inc makes up approximately 0.48% of Fox Run Management L.l.c.’s portfolio.

Other Hedge Funds, Including , Vigilant Capital Management added BRX to its portfolio by purchasing 100 company shares during the most recent quarter which is valued at $2,739.Nn Investment Partners Holdings N.v. reduced its stake in BRX by selling 44,208 shares or 48.33% in the most recent quarter. The Hedge Fund company now holds 47,260 shares of BRX which is valued at $1,280,273. Brixmor Property Group Inc makes up approx 0.01% of Nn Investment Partners Holdings N.v.’s portfolio. Breton Hill Capital Ltd. added BRX to its portfolio by purchasing 7,800 company shares during the most recent quarter which is valued at $211,302. Brixmor Property Group Inc makes up approx 0.07% of Breton Hill Capital Ltd.’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in BRX in the latest quarter, The investment management firm added 7,922 additional shares and now holds a total of 38,551 shares of Brixmor Property Group Inc which is valued at $1,040,877.

Brixmor Property Group Inc opened for trading at $27.28 and hit $27.39 on the upside on Wednesday, eventually ending the session at $27.39, with a gain of 0.40% or 0.11 points. The heightened volatility saw the trading volume jump to 11,73,785 shares. Company has a market cap of $8,197 M.

On the company’s financial health, Brixmor Property Group Inc reported $0.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.51. The company had revenue of $323.10 million for the quarter, compared to analysts expectations of $321.61 million. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.

Many Wall Street Analysts have commented on Brixmor Property Group Inc. Brixmor Property Group Inc was Upgraded by JP Morgan to ” Neutral” on Jun 3, 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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