Hedge Funds Now Own 0% Of Brixmor Property Group Inc. (BRX)

Brixmor Property Group Inc. (NYSE:BRX) has made a 25.33% comeback from a 12-month low price of $13.74. It was seen -0.52% lower, changing the price to $17.22, when the closing bell rang on 07/10/2018. At recent session, the prices were hovering between $17.215 and $17.475. This company shares are 3.77% off its target price of $17.87 and the current market capitalization stands at $5.23B. The recent change has given its price a 7.2% lead over SMA 50 and -16.37% deficit over its 52-week high. The stock witnessed 2.5% gains, 15.18% gains and -3.64% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BRX’s volatility during a week at 2.04% and during a month it has been found around 2.3%.

Brixmor Property Group Inc. (BRX) Top Holders

Institutional investors currently hold around $5.29 billion or 0% in BRX stock. Look at its top three institutional owners. Vanguard Group Inc owns $787.3 million in Brixmor Property Group Inc., which represents roughly 15.05% of the company’s market cap and approximately 14.88% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 25,225,682 shares of the stock are valued at $436.66 million. The third largest holder is Jpmorgan Chase & Co, which currently holds $391.87 million worth of this stock and that ownership represents nearly 7.49% of its market capitalization.

Brixmor Property Group Inc. 13F Filings

At the end of March reporting period, 170 institutional holders increased their position in Brixmor Property Group Inc. (NYSE:BRX) by some 49,806,540 shares, 147 decreased positions by 45,171,762 and 34 held positions by 210,677,025. That puts total institutional holdings at 305,655,327 shares, according to SEC filings. The stock grabbed 47 new institutional investments totaling 3,424,424 shares while 55 institutional investors sold out their entire positions totaling 9,425,058 shares.

Brixmor Property Group Inc. (NYSE:BRX) Insider Trades

Multiple company employees have indulged in significant insider trading. Brixmor Property Group Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Crosland Sheryl Maxwell has acquired 1,590 shares of Brixmor Property Group Inc. (BRX) in trading session dated May. 23, 2018. These shares are worth $24,216 and were traded at $15.23 each. The SEC filing shows that Schreiber John performed a purchase of 10,000 shares. The Director added these shares by way of transaction on May. 09, 2018. The company’s shares were assimilated at $14.64 per share worth to an investment of some $146,400 on account of Schreiber John.

President & CEO, Taylor James M Jr, purchased 11,500 common shares of Brixmor Property Group Inc. (BRX) in the open market. In a transaction dated May. 04, 2018, the shares were bought at an average price of $14.65, giving away a sum of $168,475. After this purchase, 228,384 common shares of BRX are directly owned by the insider, with total stake valued at $3,932,772.

In the transaction dated Mar. 13, 2018, the great number of shares acquired came courtesy the President & CEO; Taylor James M Jr added a total of 7,500 shares at an average price of $15.55, amounting to approximately $116,625. The insider now directly owns 216,884 shares worth $3,734,742.

Brixmor Property Group Inc. (BRX) Analyst Guide

Several analysts have released their opinion on Brixmor Property Group Inc. (NYSE:BRX), with 8 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.77 average brokerage recommendation.