Investors bought shares of Brixmor Property Group Inc. (NYSE:BRX) on weakness during trading hours on Tuesday. $88.80 million flowed into the stock on the tick-up and $55.39 million flowed out of the stock on the tick-down, for a money net flow of $33.41 million into the stock. Of all stocks tracked, Brixmor Property Group had the 10th highest net in-flow for the day. Brixmor Property Group traded down ($0.14) for the day and closed at $28.13

A number of equities analysts have commented on the stock. Barclays PLC boosted their target price on shares of Brixmor Property Group from $27.00 to $28.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 19th. Deutsche Bank AG reiterated a “hold” rating and issued a $27.00 target price (up from $26.00) on shares of Brixmor Property Group in a report on Monday, July 18th. Mizuho assumed coverage on shares of Brixmor Property Group in a report on Wednesday, April 13th. They issued a “neutral” rating and a $23.00 target price for the company. Finally, JPMorgan Chase & Co. upgraded shares of Brixmor Property Group from an “underweight” rating to a “neutral” rating and set a $26.00 target price for the company in a report on Friday, June 3rd. Eleven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $27.00.

The firm has a market cap of $8.47 billion and a P/E ratio of 36.06. The firm has a 50-day moving average of $26.85 and a 200 day moving average of $25.47.

Brixmor Property Group (NYSE:BRX) last announced its earnings results on Monday, July 25th. The real estate investment trust reported $0.50 EPS for the quarter, meeting analysts’ consensus estimates of $0.50. The firm had revenue of $295.43 million for the quarter, compared to analysts’ expectations of $315.21 million. The business’s revenue was down .6% compared to the same quarter last year. During the same quarter last year, the business earned $0.49 earnings per share. Analysts expect that Brixmor Property Group Inc. will post $2.06 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 17th. Stockholders of record on Wednesday, October 5th will be paid a $0.245 dividend. This represents a $0.98 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend is Monday, October 3rd.

In other news, major shareholder Brx Holdco Llc sold 20,000,000 shares of Brixmor Property Group stock in a transaction dated Wednesday, May 4th. The stock was sold at an average price of $25.13, for a total value of $502,600,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Steven F. Siegel sold 6,000 shares of Brixmor Property Group stock in a transaction dated Tuesday, May 31st. The shares were sold at an average price of $25.32, for a total value of $151,920.00. Following the completion of the transaction, the executive vice president now owns 332,072 shares of the company’s stock, valued at approximately $8,408,063.04. The disclosure for this sale can be found here.

Several institutional investors recently made changes to their positions in BRX. Andra AP fonden boosted its position in shares of Brixmor Property Group by 7.8% in the fourth quarter. Andra AP fonden now owns 184,800 shares of the real estate investment trust’s stock valued at $4,772,000 after buying an additional 13,400 shares during the last quarter. Schroder Investment Management Group boosted its position in shares of Brixmor Property Group by 2.1% in the fourth quarter. Schroder Investment Management Group now owns 590,939 shares of the real estate investment trust’s stock valued at $15,258,000 after buying an additional 12,153 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted its position in shares of 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 during the last quarter. Bank of Montreal Can boosted its position in shares of Brixmor Property Group by 55.4% in the fourth quarter. Bank of Montreal Can now owns 565,162 shares of the real estate investment trust’s stock valued at $14,592,000 after buying an additional 201,554 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. boosted its position in shares of Brixmor Property Group by 101.2% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 210,062 shares of the real estate investment trust’s stock valued at $5,424,000 after buying an additional 105,655 shares during the last quarter.

Brixmor Property Group Inc and subsidiaries (collectively 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.

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