Brixmor Property Group Inc (BRX) : Foresters Investment Management Company scooped up 99,800 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 May 13, 2016. The investment management firm now holds a total of 1,841,425 shares of Brixmor Property Group Inc which is valued at $47.6 Million.Brixmor Property Group Inc makes up approximately 0.99% of Foresters Investment Management Company’s portfolio.
Other Hedge Funds, Including , Kennedy Capital Management reduced its stake in BRX by selling 216,895 shares or 33.94% in the most recent quarter. The Hedge Fund company now holds 422,204 shares of BRX which is valued at $10.9 Million. Brixmor Property Group Inc makes up approx 0.23% of Kennedy Capital Management’s portfolio.Gsa Capital Partners Llp reduced its stake in BRX by selling 25,284 shares or 61.97% in the most recent quarter. The Hedge Fund company now holds 15,516 shares of BRX which is valued at $400,778. Brixmor Property Group Inc makes up approx 0.03% of Gsa Capital Partners Llp’s portfolio.Shinko Asset Management Ltd. boosted its stake in BRX in the latest quarter, The investment management firm added 780,223 additional shares and now holds a total of 5,243,078 shares of Brixmor Property Group Inc which is valued at $135.4 Million. Brixmor Property Group Inc makes up approx 1.08% of Shinko Asset Management Ltd.’s portfolio.Rhumbline Advisers boosted its stake in BRX in the latest quarter, The investment management firm added 3,029 additional shares and now holds a total of 126,962 shares of Brixmor Property Group Inc which is valued at $3.4 Million. Brixmor Property Group Inc makes up approx 0.01% of Rhumbline Advisers’s portfolio.Russell Frank Co reduced its stake in BRX by selling 218,610 shares or 10.77% in the most recent quarter. The Hedge Fund company now holds 1,811,071 shares of BRX which is valued at $45.7 Million. Brixmor Property Group Inc makes up approx 0.08% of Russell Frank Co’s portfolio.
Brixmor Property Group Inc closed down -0.13 points or -0.52% at $24.96 with 18,29,458 shares getting traded on Wednesday. Post opening the session at $25.11, the shares hit an intraday low of $24.625 and an intraday high of $25.11 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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. Mizuho Initiated Brixmor Property Group Inc on Apr 14, 2016 to “Neutral”, Price Target of the shares are set at $23.Company shares were Reiterated by Barclays on Mar 10, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 27 from a previous price target of $25 .Brixmor Property Group Inc was Upgraded by Sandler O’Neill to ” Buy” on Mar 2, 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.