A Reversal for Brixmor Property Group Inc (NYSE:BRX) Is Not Near. The Stock Has Rise in Shorts

Brixmor Property Group Inc. (NYSE:BRX) Logo

Investors sentiment increased to 1.29 in Q1 2019. Its up 0.18, from 1.11 in 2018Q4. It improved, as 31 investors sold Brixmor Property Group Inc. shares while 73 reduced holdings. 51 funds opened positions while 83 raised stakes. 287.58 million shares or 4.18% more from 276.04 million shares in 2018Q4 were reported.
State Street Corporation invested in 15.56M shares or 0.02% of the stock. Federated Investors Incorporated Pa stated it has 0.01% in Brixmor Property Group Inc. (NYSE:BRX). Mackenzie Fincl Corp stated it has 0.02% in Brixmor Property Group Inc. (NYSE:BRX). State Of Tennessee Treasury Department accumulated 0.01% or 100,000 shares. Earnest Partners Lc holds 0% in Brixmor Property Group Inc. (NYSE:BRX) or 104 shares. Rothschild & Asset Mngmt Us holds 100,453 shares. The Ohio-based Foster Motley Incorporated has invested 0.63% in Brixmor Property Group Inc. (NYSE:BRX). Massachusetts-based Grantham Mayo Van Otterloo And Co Ltd Liability Com has invested 0.03% in Brixmor Property Group Inc. (NYSE:BRX). Qs Investors Ltd Limited Liability Company, a New York-based fund reported 433,932 shares. Ww Asset Mgmt Incorporated has invested 0.02% in Brixmor Property Group Inc. (NYSE:BRX). Bank & Trust Of New York Mellon Corporation has 0.05% invested in Brixmor Property Group Inc. (NYSE:BRX). Mariner Lc holds 0% of its portfolio in Brixmor Property Group Inc. (NYSE:BRX) for 13,703 shares. Asset One Comm reported 0.07% of its portfolio in Brixmor Property Group Inc. (NYSE:BRX). Proshare Limited Company owns 92,665 shares. 421,602 were reported by Strs Ohio.

The stock of Brixmor Property Group Inc (NYSE:BRX) registered an increase of 7.41% in short interest. BRX’s total short interest was 7.99 million shares in August as published by FINRA. Its up 7.41% from 7.43 million shares, reported previously. With 2.49M shares average volume, it will take short sellers 3 days to cover their BRX’s short positions. The short interest to Brixmor Property Group Inc’s float is 2.69%.

The stock decreased 2.89% or $0.55 during the last trading session, reaching $18.45. About 3.02M shares traded or 12.01% up from the average. Brixmor Property Group Inc. (NYSE:BRX) has risen 9.52% since August 14, 2018 and is uptrending. It has outperformed by 9.52% the S&P500.

Brixmor Property Group Inc. owns and operates various grocery-anchored community and neighborhood shopping centers in the United States. The company has market cap of $5.50 billion. As of March 31, 2013, the firm owned interests in 532 community and neighborhood shopping centers comprising 526 wholly owned community and neighborhood shopping centers; and 6 community and neighborhood shopping centers held through unconsolidated real estate joint ventures. It has a 15.6 P/E ratio. Brixmor Property Group Inc. was formerly known as CENTRO SUPER RESIDUAL HOLDING 2 LLC.

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

Among 4 analysts covering Brixmor Property (NYSE:BRX), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Brixmor Property had 7 analyst reports since March 4, 2019 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Hold” on Tuesday, March 5. Stifel Nicolaus maintained Brixmor Property Group Inc. (NYSE:BRX) on Tuesday, April 30 with “Hold” rating. The firm has “Buy” rating by KeyBanc Capital Markets given on Wednesday, June 19. The stock of Brixmor Property Group Inc. (NYSE:BRX) has “Hold” rating given on Monday, March 4 by Citigroup.

More notable recent Brixmor Property Group Inc. (NYSE:BRX) news were published by: Seekingalpha.com which released: “Brixmor Property Group, Inc. (BRX) CEO Jim Taylor on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” on April 30, 2019, also Prnewswire.com with their article: “Brixmor Property Group Set to Join S&P MidCap 400 – PRNewswire” published on January 31, 2019, Seekingalpha.com published: “Should Investors Buy Kimco Or Brixmor – Seeking Alpha” on October 24, 2018. More interesting news about Brixmor Property Group Inc. (NYSE:BRX) were released by: Prnewswire.com and their article: “Brixmor Property Group Appoints Juliann Bowerman To Board Of Directors – PRNewswire” published on February 26, 2019 as well as Prnewswire.com‘s news article titled: “Brixmor Property Group Announces Second Quarter 2019 Earnings Release And Teleconference Dates – PRNewswire” with publication date: May 16, 2019.

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.