Forward Management buys $2,280,150 stake in Brixmor Property Group Inc (BRX)

Brixmor Property Group Inc (BRX) : Forward Management scooped up 31,065 additional shares in Brixmor Property Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 81,000 shares of Brixmor Property Group Inc which is valued at $2,280,150.Brixmor Property Group Inc makes up approximately 0.18% of Forward Management’s portfolio.

Other Hedge Funds, Including , California Public Employees Retirement System boosted its stake in BRX in the latest quarter, The investment management firm added 90,500 additional shares and now holds a total of 384,300 shares of Brixmor Property Group Inc which is valued at $10,818,045. Brixmor Property Group Inc makes up approx 0.02% of California Public Employees Retirement System’s portfolio. Tradelink Capital added BRX to its portfolio by purchasing 8,431 company shares during the most recent quarter which is valued at $237,333. Brixmor Property Group Inc makes up approx 1.10% of Tradelink Capital’s portfolio.Strs Ohio boosted its stake in BRX in the latest quarter, The investment management firm added 42,037 additional shares and now holds a total of 315,077 shares of Brixmor Property Group Inc which is valued at $8,655,165. Brixmor Property Group Inc makes up approx 0.04% of Strs Ohio’s portfolio. Rockefeller Financial Services Inc sold out all of its stake in BRX during the most recent quarter. The investment firm sold 1,637 shares of BRX which is valued $45,116.State Of Alaska Department Of Revenue boosted its stake in BRX in the latest quarter, The investment management firm added 940 additional shares and now holds a total of 81,040 shares of Brixmor Property Group Inc which is valued at $2,219,686. Brixmor Property Group Inc makes up approx 0.23% of State Of Alaska Department Of Revenue’s portfolio.

Brixmor Property Group Inc closed down -0.01 points or -0.04% at $28.02 with 17,15,686 shares getting traded on Monday. Post opening the session at $28.05, the shares hit an intraday low of $27.87 and an intraday high of $28.25 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Brixmor Property Group Inc reported $0.50 EPS for the quarter, based on the information available during the earnings call on Jul 25, 2016. Analyst had a consensus estimate of $0.50. The company had revenue of $310.10 million for the quarter, compared to analysts expectations of $315.36 million. The company’s revenue was down -.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.49 EPS.

Investors should note that on Jul 25, 2016, Brixmor Property Group Inc announced a cash dividend of $0.2450. The company’s management has announced Oct 3, 2016 as the ex-dividend date and fixed the record date on Oct 5, 2016. The payable date has been fixed on Oct 17, 2016.

Many Wall Street Analysts have commented on Brixmor Property Group Inc. Brixmor Property Group Inc was Upgraded by JP Morgan to ” Neutral” on Jun 3, 2016.

Brixmor Property Group Inc. (BPG) is an internally managed real estate investment trust (REIT). Brixmor Operating Partnership LP and subsidiaries (collectively the Operating Partnership) is the entity through which BPG conducts its operations and owns its assets. BPG owns 100% of the common stock of BPG Subsidiary Inc. (BPG Sub) which is the sole member of Brixmor OP GP LLC (the General Partner) the sole general partner of the Operating Partnership. The Company’s principal business is the ownership and operation of community and neighborhood shopping centers. The Company’s portfolio consists of 521 shopping centers totaling approximately 87 million square feet of gross leasable area. 520 of these shopping centers are 100% owned by the Company. The Company’s community and neighborhood shopping centers provide a mix of retailers and are primarily located in the 50 Metropolitan Statistical Areas.

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