Bluerock Residential Growth REIT Inc (NYSE:BRG) was downgraded by research analysts at Compass Point from a “buy” rating to a “neutral” rating in a research note issued to investors on Monday.

BRG has been the subject of a number of other research reports. Zacks Investment Research cut Bluerock Residential Growth REIT from a “hold” rating to a “sell” rating in a report on Monday, July 10th. FBR & Co reaffirmed an “outperform” rating and issued a $15.00 price target on shares of Bluerock Residential Growth REIT in a report on Tuesday, July 11th. Finally, TheStreet raised Bluerock Residential Growth REIT from a “d+” rating to a “c-” rating in a report on Thursday, June 1st.

Shares of Bluerock Residential Growth REIT (NYSE:BRG) opened at 11.26 on Monday. The stock’s market cap is $272.39 million. Bluerock Residential Growth REIT has a 52-week low of $10.93 and a 52-week high of $14.77. The company’s 50 day moving average price is $13.15 and its 200 day moving average price is $12.76.

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A number of institutional investors have recently added to or reduced their stakes in BRG. Harbour Capital Advisors LLC boosted its position in Bluerock Residential Growth REIT by 1,189.0% in the second quarter. Harbour Capital Advisors LLC now owns 122,455 shares of the company’s stock worth $9,500,000 after buying an additional 112,955 shares during the last quarter. BB&T Securities LLC boosted its position in Bluerock Residential Growth REIT by 30.4% in the second quarter. BB&T Securities LLC now owns 97,701 shares of the company’s stock worth $1,259,000 after buying an additional 22,801 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Bluerock Residential Growth REIT by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 212,097 shares of the company’s stock worth $2,734,000 after buying an additional 1,500 shares during the last quarter. Rhumbline Advisers boosted its position in Bluerock Residential Growth REIT by 1.5% in the second quarter. Rhumbline Advisers now owns 30,375 shares of the company’s stock worth $392,000 after buying an additional 459 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its position in Bluerock Residential Growth REIT by 2.9% in the second quarter. Russell Investments Group Ltd. now owns 95,111 shares of the company’s stock worth $1,226,000 after buying an additional 2,671 shares during the last quarter.

About Bluerock Residential Growth REIT

Bluerock Residential Growth REIT, Inc is a real estate investment trust. The Company is focused on acquiring a portfolio of residential real estate assets. As of December 31, 2016, the Company’s portfolio consisted of interests in 31 properties (21 operating and 10 development properties). As of December 31, 2016, its properties contained an aggregate of 9,570 units, consisting of 6,972 operating units and 2,598 units under development.

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