Bearish Multiple Bottom Is Formed By Brixmor Property Group Inc. (BRX) at $17.90

June 27, 2018 - By Mark Williams

Brixmor Property Group Inc. (NYSE:BRX) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 1.21. That’s change of 0.21, from 2017Q4’s 1.42. 40 investors sold all, 73 reduced holdings as Brixmor Property Group Inc. ratio worsened. 99 increased stakes while 38 funds amassed stakes. Funds hold 289.73 million shares thus 1.57% less from 2017Q4’s 294.34 million shares.
Northpointe Capital Ltd Llc has 0.38% invested in Brixmor Property Group Inc. (NYSE:BRX). Counselors Of Maryland Lc holds 16,955 shs. 37,097 were reported by First Quadrant Limited Partnership Ca. First Interstate Comml Bank reported 1,249 shs stake. Apg Asset Management Nv has 0% invested in Brixmor Property Group Inc. (NYSE:BRX). Federated Investors Pa holds 0% or 19,600 shs in its capital. Goldman Sachs Gru Inc holds 0.01% of its capital in Brixmor Property Group Inc. (NYSE:BRX) for 2.60 million shs. Ajo Ltd Partnership holds 24,027 shs. Gulf Bankshares (Uk) Limited owns 96,512 shs. Northern Tru Corp reported 0.01% stake. Moreover, Asset Mgmt has 0.01% invested in Brixmor Property Group Inc. (NYSE:BRX). Dimensional Fund Advsrs Lp has invested 0.03% in Brixmor Property Group Inc. (NYSE:BRX). Duff & Phelps Inv Commerce holds 0.5% or 2.10M shs. Destination Wealth Management has 0% invested in Brixmor Property Group Inc. (NYSE:BRX) for 2,496 shs. Wolverine Asset Management Lc holds 0.01% or 42,890 shs.

Brixmor Property Group Inc. registered $534,586 net activity with 6 insider buys and 0 insider sales since February 14, 2018. Crosland Sheryl Maxwell bought $24,216 worth of Brixmor Property Group Inc. (NYSE:BRX) on Wednesday, May 23. 10,000 shs were bought by Schreiber John, worth $146,400 on Wednesday, May 9. Shares for $67,230 were bought by Horgan Mark on Wednesday, February 14. Greene-Sulzberger Gabrielle bought $11,640 worth of stock.

Brixmor Property Group Inc. (BRX) has a multiple bottoms chart pattern with $17.18 price target. That’s 4.00 % below today’s $17.90 stock price. The multiple bottoms chart pattern was announced on Jun, 27 by Finviz.com. $216.84M less could be BRX valuation at $17.18 stock price.

Ticker’s shares touched $17.9 during the last trading session after 0.22% change.Currently Brixmor Property Group Inc. is downtrending after 18.61% change in last June 27, 2017. BRX has also 141,485 shares volume. BRX underperformed by 31.18% the S&P 500.

Earnings report for Brixmor Property Group Inc. (NYSE:BRX) is awaited on July, 30 after the close., according to Faxor. Analysts forecast $0.50 EPS, which is $0.03 down or 5.66 % from 2017’s $0.53 EPS. The profit will be $151.42 million for BRX if $0.50 EPS becomes true. Analysts at Wall Street see Brixmor Property Group Inc.’s -1.96 % negative EPS growth compared to $0.51 EPS for last quarter.

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

Total analysts of 10 have positions in Brixmor Property (NYSE:BRX) as follows: 7 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 70%. The firm has $21.0 highest while $16 is the lowest PT. The average target $17.94 is 0.22% above the last ($17.9) price. Since January 3, 2018 according to StockzIntelligence Inc Brixmor Property has 12 analyst reports. On Wednesday, January 3 MUFG Securities Americas Inc upgraded the shares of BRX in report to “Buy” rating. On Monday, February 12 the company was maintained by Stifel Nicolaus. On Tuesday, January 30 the stock of Brixmor Property Group Inc. (NYSE:BRX) earned “Equal-Weight” rating by Barclays Capital. On Tuesday, February 20 the stock of Brixmor Property Group Inc. (NYSE:BRX) has “Overweight” rating given by JP Morgan. On Monday, March 5 the stock of Brixmor Property Group Inc. (NYSE:BRX) has “In-Line” rating given by Evercore. The stock rating was maintained by SunTrust with “Buy” on Monday, January 22. On Friday, March 2 the rating was maintained by SunTrust with “Buy”. On Thursday, February 15 Sandler O’Neill maintained Brixmor Property Group Inc. (NYSE:BRX) rating. Sandler O’Neill has “Buy” rating and $18.0 target. On Monday, June 11 the stock of Brixmor Property Group Inc. (NYSE:BRX) earned “Outperform” rating by Evercore. On Wednesday, February 21 the stock of Brixmor Property Group Inc. (NYSE:BRX) earned “Neutral” rating by Citigroup.

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

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