Brixmor Property Group (BRX) Earning Somewhat Positive Media Coverage, Analysis Shows

Cornelia Mascio
Novembre 15, 2017

Moreover, Rothschild Asset Mngmt has 0.12% invested in Brixmor Property Group Inc (NYSE:BRX).

The company is down by 0.31% percent from yesterday's close. The business's revenue for the quarter was up 1.8% on a year-over-year basis. (BRX), there were 39 new positions totaling 6,590,146 shares of the company's stock.

The consensus recommendation, according to Zacks Investment research, is 1.83. BMO Capital Markets started coverage on Brixmor Property Group in a report on Monday, September 11th. Brixmor Property Group had a return on equity of 10.22% and a net margin of 23.06%. The company had revenue of $314.50 million for the quarter, compared to the consensus estimate of $317.31 million.

A number of equities analysts have weighed in on the stock. Finally, ValuEngine raised Brixmor Property Group from a hold rating to a buy rating in a report on Monday, October 2nd. Deutsche Bank maintained the shares of BRX in report on Monday, July 18 with "Hold" rating. It improved, as 20 investors sold Brixmor Property Group Inc shares while 74 reduced holdings. Zacks Investment Research upgraded shares of Brixmor Property Group from a "sell" rating to a "hold" rating in a report on Friday, August 4th.

Analysts await Brixmor Property Group Inc (NYSE:BRX) to report earnings on February, 12. Out of 3 Wall Street analysts rating IPG Photonics, 3 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". The company maintains price to book ratio of 1.90 vs.an industry average at 1.93. Ls Inv Advsr Ltd Liability Corp stated it has 0.01% of its portfolio in Brixmor Property Group Inc (NYSE:BRX). This public company's current market capitalization stands at $5.57 billion. The stock was bought at an average price of $19.24 per share, for a total transaction of $300,144.00. Brixmor Property Group has $31 highest and $19 lowest target.

Brixmor Property Group Inc. most recently reported earnings per share (EPS) of $0.27 for the September 2017 versus $0.19 in the same quarter a year ago, representing 42% growth. Stockholders of record on Thursday, January 5th were issued a dividend of $0.26 per share. This represents a $1.10 annualized dividend and a yield of 6.10%. The ex-dividend date of this dividend was Tuesday, January 3rd. If the published price targets set by Brixmor Property Group Inc. analysts have any power to influence the stock's share price, the highest price target set for BRX is $27. The stock's average target of $124.33 is -44.75% below today's ($225.02) share price. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.22% of the company's stock. The disclosure for this purchase can be found here.

Brixmor Property Group Inc is an internally managed real estate investment trust. Following the purchase, the executive vice president now directly owns 56,703 shares of the company's stock, valued at approximately $1,000,240.92.

For the Current Quarter, the growth estimate for Brixmor Property Group Inc.is -35.5%, while for the Next Quarter the stock growth estimate is -4.3%. As of the end of the quarter Rothschild Asset Management Inc had acquired 67,841 shares growing its holdings by 11.1%. Also, EVP Mark Horgan acquired 3,000 shares of Brixmor Property Group stock in a transaction that occurred on Friday, November 3rd. Pacer Advisors Inc. now owns 7,129 shares of the real estate investment trust's stock valued at $127,000 after acquiring an additional 554 shares during the last quarter. The institutional investor owned 338,433 shares of the real estate investment trust's stock after selling 126,880 shares during the period. FMR LLC increased its position in Brixmor Property Group by 123.4% in the second quarter. Wellington Management Group LLP now owns 710,821 shares of the real estate investment trust's stock worth $15,254,000 after buying an additional 484,294 shares during the period. Citigroup Inc. downgraded Brixmor Property Group from a "buy" rating to a "neutral" rating in a research note on Tuesday, December 13th. "(BRX) This Quarter" was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and global copyright & trademark legislation.

Many analysts have provided their estimated foresights on Brixmor Property Group Inc. The Company conducts its operations primarily through Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership). As of December 31, 2016, the Company owned interests in 512 shopping centers (the Portfolio) with approximately 86 million square feet of gross leasable area (GLA), including 511 shopping centers and one shopping center held through an unconsolidated joint venture.

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