Brixmor Ppty Group INC Com (BRX) Holder Pinebridge Investments LP Lowered Its Position by $3.25 Million as Valuation Rose

Brixmor Property Group Inc. (NYSE:BRX) LogoInvestors sentiment decreased to 0.99 in Q2 2019. Its down 0.30, from 1.29 in 2019Q1. It dived, as 23 investors sold BRX shares while 93 reduced holdings. 45 funds opened positions while 70 raised stakes. 278.00 million shares or 3.33% less from 287.58 million shares in 2019Q1 were reported. Rafferty Asset Mgmt Lc invested in 0.02% or 61,200 shares. National Bank & Trust Of Mellon Corp owns 10.80 million shares for 0.05% of their portfolio. Utah Retirement, a Utah-based fund reported 89,847 shares. Robeco Institutional Asset Bv holds 187,586 shares or 0.01% of its portfolio. Principal Financial Group holds 1.32 million shares or 0.02% of its portfolio. Asset Mgmt One Comm Ltd invested in 0.06% or 658,453 shares. Driehaus Capital Mgmt Ltd Limited Liability Company invested in 0.02% or 35,534 shares. Los Angeles Mngmt & Equity Rech has invested 0.01% of its portfolio in Brixmor Property Group Inc. (NYSE:BRX). Piedmont Investment Advisors Inc holds 0.02% or 28,779 shares in its portfolio. Panagora Asset Management holds 0.01% or 85,758 shares in its portfolio. Voloridge Limited Liability Company holds 79,647 shares or 0.04% of its portfolio. Cubist Systematic Strategies Limited Liability Company owns 38,036 shares. Destination Wealth Management reported 0% stake. New Mexico Educational Retirement Board reported 0.04% in Brixmor Property Group Inc. (NYSE:BRX). Rothschild & Com Asset Us Inc invested in 0.02% or 100,453 shares.

Since August 16, 2019, it had 1 buying transaction, and 0 selling transactions for $138,750 activity.

Pinebridge Investments Lp decreased its stake in Brixmor Ppty Group Inc Com (BRX) by 79.37% based on its latest 2019Q2 regulatory filing with the SEC. Pinebridge Investments Lp sold 180,693 shares as the company’s stock rose 6.45% . The hedge fund held 46,978 shares of the real estate investment trusts company at the end of 2019Q2, valued at $883,000, down from 227,671 at the end of the previous reported quarter. Pinebridge Investments Lp who had been investing in Brixmor Ppty Group Inc Com for a number of months, seems to be less bullish one the $6.09B market cap company. The stock increased 0.89% or $0.18 during the last trading session, reaching $20.45. About 2.82 million shares traded. Brixmor Property Group Inc. (NYSE:BRX) has risen 9.52% since October 12, 2018 and is uptrending. It has outperformed by 9.52% the S&P500.

Pinebridge Investments Lp, which manages about $38.23 billion and $4.16B US Long portfolio, upped its stake in Walgreens Boots Alliance Inc Com by 152,596 shares to 174,636 shares, valued at $13.49M in 2019Q2, according to the filing. It also increased its holding in Cisco Sys Inc Com (NASDAQ:CSCO) by 92,020 shares in the quarter, for a total of 543,430 shares, and has risen its stake in Powershares Etf Trust Ii Senior Ln Port (BKLN).

Analysts await Brixmor Property Group Inc. (NYSE:BRX) to report earnings on October, 28 after the close. They expect $0.47 EPS, up 11.90 % or $0.05 from last year’s $0.42 per share. BRX’s profit will be $139.99 million for 10.88 P/E if the $0.47 EPS becomes a reality. After $0.48 actual EPS reported by Brixmor Property Group Inc. for the previous quarter, Wall Street now forecasts -2.08 % negative EPS growth.

More notable recent Brixmor Property Group Inc. (NYSE:BRX) news were published by: Seekingalpha.com which released: “5 Reasons Brixmor Is Still A Strong Buy – Seeking Alpha” on June 04, 2019, also Seekingalpha.com with their article: “Brixmor Property Group Inc. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on February 12, 2019, Benzinga.com published: “Stocks That Hit 52-Week Highs On Thursday – Benzinga” on September 12, 2019. More interesting news about Brixmor Property Group Inc. (NYSE:BRX) were released by: Seekingalpha.com and their article: “Should Investors Buy Kimco Or Brixmor – Seeking Alpha” published on October 24, 2018 as well as 247Wallst.com‘s news article titled: “Goldman Sachs Says REITs Remain Solid 2020 Dividend Ideas – 24/7 Wall St.” with publication date: October 09, 2019.

Brixmor Property Group Inc. (NYSE:BRX) Ratings Coverage

Among 4 analysts covering Brixmor Property Group (NYSE:BRX), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Brixmor Property Group has $2200 highest and $1800 lowest target. $19.50’s average target is -4.65% below currents $20.45 stock price. Brixmor Property Group had 10 analyst reports since April 23, 2019 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, June 19. On Tuesday, April 30 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock of Brixmor Property Group Inc. (NYSE:BRX) earned “Overweight” rating by KeyBanc Capital Markets on Monday, September 23. The firm has “Sector Perform” rating by Scotia Capital given on Friday, August 16.

Brixmor Property Group Inc. (NYSE:BRX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.