The stock now has Weekly Volatility of 1.85% and Monthly Volatility of 2.46%.
Other firms have also shifted positions in (BRX). Pensionfund Sabic raised its position in shares of Brixmor Property Group by 7.7% in the first quarter. Barclays PLC cut their price target on Brixmor Property Group from $22.00 to $21.00 and set an equal weight rating on the stock in a research report on Tuesday, July 18th. ValuEngine downgraded shares of Brixmor Property Group from a buy rating to a hold rating in a research note on Friday, June 2nd. 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 stock now has a consensus rating of Hold and an average price target of $26.25.
In the market the company is trading down by -0.51% since yesterday's close of $19.63. (BRX). These ratios are important while doing valuation of the company or the shares of the company. The company has a market cap of $5.96 billion, a P/E ratio of 20.01 and a beta of 0.53. The company's 50 day moving average price is $18.82 and its 200 day moving average price is $20.48. Brixmor Property Group has a 52-week low of $17.35 and a 52-week high of $29.14. The value of the investment in (BRX) decreased from $79,247,000 to $48,859,000 decreasing 38.3% quarter over quarter. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.51 by $0.02, Bloomberg Earnings reports. The business had revenue of $322.80 million during the quarter, compared to analyst estimates of $315.69 million. Brixmor Property Group had a return on equity of 10.22% and a net margin of 23.06%.
News stories about Brixmor Property Group (NYSE:BRX) have been trending somewhat positive on Saturday, according to Accern. During the same quarter in the previous year, the firm earned $0.50 earnings per share. As of the last earnings report the EPS was $0.98 and is expected to be $0.88 for the current year with 304,935,000 shares presently outstanding.
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The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Thursday, October 5th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 5.33%. The ex-dividend date is Monday the 3rd of July 2017. Moreover, Hancock Holding Co has 0.44% invested in the company for 645,780 shares. Karp Capital Management Corp acquired a new position in shares of Brixmor Property Group during the first quarter valued at about $243,000.
Dimensional Fund Advisors Lp raised its position in Brixmor Property Group Inc. shares by 5.8% as of the end of the last quarter. Mn Services Vermogensbeheer B.V. boosted its stake in Brixmor Property Group by 4.4% in the first quarter. PNC Financial Services Group Inc. increased its position in shares of Brixmor Property Group by 159.5% in the second quarter. Pacer Advisors Inc. now owns 6,575 shares of the real estate investment trust's stock valued at $141,000 after buying an additional 209 shares during the period. Morgan Stanley raised its stake in shares of Brixmor Property Group by 42.9% in the first quarter. Pensionfund Sabic now owns 41,711 shares of the real estate investment trust's stock worth $895,000 after buying an additional 3,000 shares in the last quarter. $188,500 worth of Brixmor Property Group Inc (NYSE:BRX) was bought by Schreiber John.