Pinebridge Investments LP Has Decreased Holding in Brixmor Ppty Group INC Com (BRX) by $3.25 Million

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 turned negative, 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. Etrade Management Limited Com reported 14,427 shares. 2.29 million are held by First Manhattan Co. Meeder Asset Mngmt reported 0% in Brixmor Property Group Inc. (NYSE:BRX). Cubist Systematic Strategies Limited Liability reported 38,036 shares. Amica Mutual Ins Company holds 0.21% of its portfolio in Brixmor Property Group Inc. (NYSE:BRX) for 93,533 shares. Virginia Retirement Systems Et Al holds 0.07% of its portfolio in Brixmor Property Group Inc. (NYSE:BRX) for 337,800 shares. Merian Glob Invsts (Uk) Ltd has 27,873 shares for 0.01% of their portfolio. 509,200 were reported by Riverhead Mngmt Ltd Company. Clearbridge Investments Ltd owns 1,000 shares for 0% of their portfolio. Apg Asset Management Nv reported 0% in Brixmor Property Group Inc. (NYSE:BRX). Honeywell International Incorporated has 0.69% invested in Brixmor Property Group Inc. (NYSE:BRX) for 98,770 shares. Principal Finance Group Inc holds 0.02% in Brixmor Property Group Inc. (NYSE:BRX) or 1.32 million shares. Franklin Res holds 4.95M shares or 0.05% of its portfolio. Pensionfund Dsm Netherlands owns 111,000 shares. Brown Brothers Harriman owns 55 shares for 0% of their portfolio.

Since August 16, 2019, it had 1 insider purchase, and 0 insider sales 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 $38.23B and $4.16 billion US Long portfolio, upped its stake in Ishares Tr S&P Us Pfd Stk (PFF) by 120,952 shares to 759,589 shares, valued at $29.48M in 2019Q2, according to the filing. It also increased its holding in Loews Corp Com (NYSE:L) by 116,005 shares in the quarter, for a total of 283,488 shares, and has risen its stake in Illinois Tool Wks Inc Com (NYSE:ITW).

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: Bizjournals.com which released: “New York REIT sells H-E-B’s new multilevel shopping center in Bellaire, other Houston-area properties – Houston Business Journal” on November 18, 2018, also Seekingalpha.com with their article: “Brixmor Property Group Inc. 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” published on May 01, 2019, Benzinga.com published: “Stocks That Hit 52-Week Highs On Monday – Benzinga” on September 30, 2019. More interesting news about Brixmor Property Group Inc. (NYSE:BRX) were released by: Investorplace.com and their article: “4 Real Estate Stocks Ready to Buy – Investorplace.com” published on July 31, 2019 as well as 247Wallst.com‘s news article titled: “Goldman Sachs Stays Positive on Top Dividend REITs as Sector Boom Continues – 24/7 Wall St.” with publication date: August 21, 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. KeyBanc Capital Markets maintained Brixmor Property Group Inc. (NYSE:BRX) on Wednesday, June 19 with “Buy” rating. On Tuesday, April 30 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm earned “Overweight” rating on Monday, September 23 by KeyBanc Capital Markets. Scotia Capital downgraded the shares of BRX in report on Friday, August 16 to “Sector Perform” rating.

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

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