The fund owned 1,895,849 shares of the real estate investment trust's stock after buying an additional 268,372 shares during the period. The value of the investment in (BRX) went from $759,000 to $426,000 decreasing 43.9% quarter over quarter. Moreover, Eqis Capital Management Inc. has 0.02% invested in the company for 4,637 shares. PNC Financial Services Group Inc. now owns 8,466 shares of the real estate investment trust's stock valued at $152,000 after buying an additional 5,203 shares in the last quarter. Mn Services Vermogensbeheer B.V. boosted its stake in Brixmor Property Group by 4.4% in the first quarter. Pensionfund Sabic raised its position in shares of Brixmor Property Group by 7.7% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 8,116 shares of the real estate investment trust's stock valued at $163,000 after buying an additional 341 shares in the last quarter. Macquarie Group Ltd. raised its position in shares of Brixmor Property Group by 8.0% in the fourth quarter. Pacer Advisors Inc. now owns 7,129 shares of the real estate investment trust's stock valued at $127,000 after buying an additional 554 shares during the period. $50,625 worth of Brixmor Property Group Inc (NYSE:BRX) was bought by Horgan Mark.
In the market the company is trading down by -0.51% since yesterday's close of $19.63. 2,361,904 shares of the company were exchanged. The company's 50 day moving average price is $18.82 and its 200 day moving average price is $20.48. (BRX) now has P/E (Price to Earnings) ratio of 20.31 while the company's industry has 31.42 P/E and the sector P/E is 22.54. Brixmor Property Group's quarterly revenue was up 4.1% on a year-over-year basis. The dividend payment will be $0.260 per share for the quarter or $1.04 annualized. The company had revenue of $322.80 million for the quarter, compared to analyst estimates of $315.69 million. Brixmor Property Group had a return on equity of 10.22% and a net margin of 23.06%. During the same period in the prior year, the business posted $0.50 earnings per share. The analysts estimated EPS for the higher end at 0.23 and lower end at 0.17 while the year ago reported earnings per share was 0.23.
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Accern also gave news coverage about the real estate investment trust an impact score of 46.827489052952 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. Shareholders of record on Thursday, October 5th will be paid a $0.26 dividend. The ex-dividend date will be on Monday July 3rd, 2017. This dividend represents a yield of $5.26.
TRADEMARK VIOLATION WARNING: "Brixmor Property Group (NYSE:BRX) Receiving Somewhat Positive News Coverage, Analysis Finds" was published by Week Herald and is the property of of Week Herald. If you are accessing this piece on another publication, it was copied illegally and republished in violation of USA and worldwide copyright & trademark law. The original version of this news story can be viewed at https://transcriptdaily.com/2017/08/12/brixmor-property-group-inc-nysebrx-rating-reiterated-by-royal-bank-of-canada-updated.html. The stock of Brixmor Property Group Inc (NYSE:BRX) has "Equal-Weight" rating given on Tuesday, July 18 by Barclays Capital. ValuEngine downgraded shares of Brixmor Property Group from a "buy" rating to a "hold" rating in a research report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of "Hold" and an average target price of $26.25. Brixmor Property Group earned a news impact score of 0.14 on Accern's scale. The Company conducts its operations primarily through Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership). As of December 31, 2016, it 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.