Equities research analysts at Stifel Nicolaus began coverage on shares of Brixmor Property Group (NYSE:BRX) in a report released on Thursday, The Fly reports. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Several other analysts have also recently issued reports on BRX. Royal Bank Of Canada reiterated a “hold” rating and set a $23.00 target price on shares of Brixmor Property Group in a research report on Wednesday, August 2nd. Boenning Scattergood reissued a “hold” rating on shares of Brixmor Property Group in a research note on Wednesday, August 2nd. Barclays reissued a “hold” rating and set a $22.00 price target on shares of Brixmor Property Group in a research note on Monday, August 14th. ValuEngine raised Brixmor Property Group from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Zacks Investment Research raised Brixmor Property Group from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Two analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $23.11.

Brixmor Property Group (NYSE BRX) traded down $0.17 during trading hours on Thursday, hitting $18.07. The company had a trading volume of 2,467,044 shares, compared to its average volume of 2,847,766. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.70 and a quick ratio of 0.70. Brixmor Property Group has a 12-month low of $17.23 and a 12-month high of $25.34. The stock has a market capitalization of $5,555.96, a PE ratio of 8.64, a P/E/G ratio of 1.93 and a beta of 0.51.

Brixmor Property Group (NYSE:BRX) last released its earnings results on Monday, October 30th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.24). Brixmor Property Group had a return on equity of 11.08% and a net margin of 25.14%. The business had revenue of $314.50 million for the quarter, compared to analysts’ expectations of $317.31 million. During the same quarter in the prior year, the business posted $0.51 EPS. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. research analysts predict that Brixmor Property Group will post 2.08 EPS for the current year.

In other news, EVP Mark Horgan purchased 3,000 shares of the company’s stock in a transaction that occurred on Friday, November 3rd. The stock was bought at an average cost of $17.64 per share, with a total value of $52,920.00. Following the completion of the purchase, the executive vice president now owns 56,703 shares in the company, valued at $1,000,240.92. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.27% of the stock is currently owned by corporate insiders.

Large investors have recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Brixmor Property Group in the 3rd quarter valued at approximately $100,000. TLP Group LLC bought a new stake in shares of Brixmor Property Group in the 3rd quarter valued at approximately $118,000. Mn Services Vermogensbeheer B.V. lifted its stake in shares of Brixmor Property Group by 19.6% in the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 5,309 shares of the real estate investment trust’s stock valued at $126,000 after purchasing an additional 871 shares during the last quarter. Pacer Advisors Inc. lifted its stake in shares of Brixmor Property Group by 8.4% in the 2nd quarter. Pacer Advisors Inc. now owns 7,129 shares of the real estate investment trust’s stock valued at $127,000 after purchasing an additional 554 shares during the last quarter. Finally, Mckinley Capital Management LLC Delaware bought a new stake in shares of Brixmor Property Group in the 1st quarter valued at approximately $131,000. 98.54% of the stock is owned by institutional investors and hedge funds.

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Brixmor Property Group Company Profile

Brixmor Property Group Inc is an internally managed real estate investment trust. The Company conducts its operations primarily through Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership). As of December 31, 2016, it owned interests in 512 shopping centers (the Portfolio) with approximately 86 million square feet of gross leasable area (GLA), including 511 shopping centers and one shopping center held through an unconsolidated joint venture.

The Fly

Analyst Recommendations for Brixmor Property Group (NYSE:BRX)

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