Shares of Brixmor Property Group Inc. (NYSE:BRX) reached a new 52-week high on Monday . The stock traded as high as $27.36 and last traded at $27.34, with a volume of 681,158 shares. The stock had previously closed at $27.00.

Several research firms recently weighed in on BRX. JPMorgan Chase & Co. raised Brixmor Property Group from an “underweight” rating to a “neutral” rating and set a $26.00 price target for the company in a report on Friday, June 3rd. Deutsche Bank AG restated a “hold” rating and set a $26.00 price objective on shares of Brixmor Property Group in a research note on Sunday, May 22nd. Mizuho assumed coverage on Brixmor Property Group in a research note on Wednesday, April 13th. They set a “neutral” rating and a $23.00 price objective on the stock. Finally, Credit Suisse Group AG assumed coverage on Brixmor Property Group in a research note on Wednesday, March 16th. They set a “neutral” rating and a $27.00 price objective on the stock. Eleven research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $26.78.

The stock’s 50-day moving average is $26.02 and its 200 day moving average is $25.25. The firm has a market cap of $8.07 billion and a P/E ratio of 36.21.

Brixmor Property Group (NYSE:BRX) last posted its quarterly earnings data on Tuesday, April 26th. The real estate investment trust reported $0.53 EPS for the quarter, beating the consensus estimate of $0.51 by $0.02. The firm earned $323.10 million during the quarter, compared to analysts’ expectations of $320.70 million. Brixmor Property Group’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.46 EPS. Equities research analysts expect that Brixmor Property Group Inc. will post $2.07 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 15th. Investors of record on Wednesday, July 6th will be paid a $0.245 dividend. The ex-dividend date of this dividend is Friday, July 1st. This represents a $0.98 annualized dividend and a yield of 3.63%.

In related news, EVP Steven F. Siegel sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, April 29th. The stock was sold at an average price of $25.11, for a total value of $150,660.00. Following the transaction, the executive vice president now owns 338,072 shares in the company, valued at $8,488,987.92. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Brx Holdco Llc sold 20,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 4th. The shares were sold at an average price of $25.13, for a total value of $502,600,000.00. The disclosure for this sale can be found here.

Several large investors recently bought and sold shares of the company. GSA Capital Partners LLP increased its stake in Brixmor Property Group by 299.0% in the fourth quarter. GSA Capital Partners LLP now owns 40,800 shares of the real estate investment trust’s stock valued at $1,053,000 after buying an additional 30,575 shares in the last quarter. I.G. Investment Management LTD. increased its stake in Brixmor Property Group by 3.6% in the fourth quarter. I.G. Investment Management LTD. now owns 40,819 shares of the real estate investment trust’s stock valued at $1,054,000 after buying an additional 1,435 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in Brixmor Property Group by 6.5% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 45,177 shares of the real estate investment trust’s stock valued at $1,166,000 after buying an additional 2,763 shares in the last quarter. ProShare Advisors LLC increased its stake in Brixmor Property Group by 11.9% in the fourth quarter. ProShare Advisors LLC now owns 61,475 shares of the real estate investment trust’s stock valued at $1,587,000 after buying an additional 6,529 shares in the last quarter. Finally, Gulf International Bank UK Ltd increased its stake in Brixmor Property Group by 0.8% in the fourth quarter. Gulf International Bank UK Ltd now owns 63,090 shares of the real estate investment trust’s stock valued at $1,629,000 after buying an additional 500 shares in the last quarter.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.