Large Outflow of Money Witnessed in Brixmor Property Group

Brixmor Property Group (BRX) : The value of composite uptick trades was $3.63 million, whereas, the value of composite downtick trades was $14.87 million. The uptick to downtick ratio stood at 0.24 with a negative money flow of ($11.25) Million during Fridays trading session. The block trades money flow was negative ($10.92 million). The transaction of the trades on downticks amounted to $10.92 million, which confirms investors selling on the strength of price. Brixmor Property Group (BRX) gained 12 cents at $27.56, an increase of 0.44% over the previous days close.


Brixmor Property Group (BRX) : 9 Wall Street analysts covering Brixmor Property Group (BRX) believe that the average level the stock could reach for the short term is $26.47. The maximum price target given is $28 and the minimum target for short term is around $23, hence the standard deviation is calculated at $1.7.

Brixmor Property Group (NYSE:BRX): stock turned positive on Friday. Though the stock opened at $27.42, the bulls momentum made the stock top out at $27.69 level for the day. The stock recorded a low of $27.31 and closed the trading day at $27.56, in the green by 0.44%. The total traded volume for the day was 1,431,052. The stock had closed at $27.44 in the previous days trading.

In a related news,The Officer (Evp, General Counsel) of Brixmor Property Group Inc., Siegel Steven F sold 6,000 shares at $26.34 on June 30, 2016. The Insider selling transaction had a total value worth of $158,040. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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.

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