Traders are bullish on Brixmor Property Group (BRX) as it has outperformed the S&P 500 by a wide margin of 3.09% in the past 4 weeks. The median 12-month price target of 12 analysts covering the company is $28.00, which suggests the stock could still gain more than 0 percent. According to the SEC, on Jul 29, 2016, Steven F Siegel (officer ) sold 6,000 shares at $28.39 per share price. The consensus price target (PT) of $28.29 means that the market expects Company shares to increase by 3.21% in the short run. During the same quarter previous year, the business earned $0.49 EPS. Revenues hit $310.06M in the June 2016 quarter, which was below the consensus $314.62M projection. The stock’s price moved above its 200 day moving average of $25.62. That is compared with the $0.51 in earnings per share it reported during the same period a year ago.
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Investors should note that on Jul 25, 2016, Brixmor Property Group Inc announced a cash dividend of $0.2450. The ex-dividend date is Monday, October 3rd. Recently, stock has been recommended as “BUY” from “4” and “0” given “OVERWEIGHT” rating for the company.
Brixmor Property Group Inc (NYSE:BRX) stock exchanged hands 9.01M shares versus average trading capacity of 3.71 shares, while its shares total market worth is $8.25B along with 301.10M outstanding shares. Barclays PLC boosted their price target on Brixmor Property Group from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 19th. Following the transaction, the 10% Owner is left with a stake of 1,319,002 shares, now valued at $37037576. On average, analysts predict that Brixmor Property Group will post $2.06 EPS for the current year. Moreover, Security Capital Research & Management Inc has 2.19% invested in the company for 2.69 million shares.
Sirius XM Holdings Inc. provides satellite radio services in the United States. Breton Hill Capital Ltd. bought a new position in shares of Brixmor Property Group during the second quarter valued at $206,000. Morgan Stanley raised its stake in Brixmor Property Group by 231.0% in the fourth quarter. Virginia Retirement System purchased a new stake in Brixmor Property Group during the first quarter valued at approximately $19,766,000. Nisa Investment Advisors LLC now owns 12,050 shares of the real estate investment trust’s stock valued at $319,000 after buying an additional 7,500 shares in the last quarter. Finally, Nuveen Asset Management LLC raised its stake in Brixmor Property Group by 422.8% in the first quarter.
Some buy side analysts are also providing their Analysis on Brixmor Property Group Inc., where 1 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 13 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell.
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While if we look at the Earnings Track Record, Brixmor Property Group Inc. Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership) is the entity through which BPG conducts its activities and owns its assets.
