Bluerock Residential Growth REIT Inc (NYSE:BRG)‘s stock had its “buy” rating restated by equities researchers at JMP Securities in a research report issued to clients and investors on Wednesday.

Several other analysts have also recently weighed in on the company. FBR & Co reaffirmed an “outperform” rating and issued a $15.00 price target (up previously from $14.00) on shares of Bluerock Residential Growth REIT in a report on Wednesday, August 10th. DA Davidson reissued a “buy” rating on shares of Bluerock Residential Growth REIT in a report on Tuesday. Finally, Zacks Investment Research cut Bluerock Residential Growth REIT from a “hold” rating to a “sell” rating in a report on Wednesday, October 19th.

Bluerock Residential Growth REIT (NYSE:BRG) opened at 12.29 on Wednesday. The firm has a 50-day moving average price of $12.55 and a 200 day moving average price of $12.62. Bluerock Residential Growth REIT has a 52 week low of $9.06 and a 52 week high of $14.79. The firm’s market capitalization is $240.45 million.

The company also recently disclosed a dividend, which was paid on Friday, November 4th. Investors of record on Tuesday, October 25th were issued a dividend of $0.0967 per share. The ex-dividend date of this dividend was Friday, October 21st.

In other news, insider Christopher J. Vohs acquired 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 22nd. The shares were bought at an average cost of $13.26 per share, with a total value of $33,150.00. Following the acquisition, the insider now owns 500 shares in the company, valued at approximately $6,630. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

A number of institutional investors have recently bought and sold shares of BRG. Orinda Asset Management LLC raised its position in Bluerock Residential Growth REIT by 57.0% in the third quarter. Orinda Asset Management LLC now owns 349,004 shares of the company’s stock valued at $4,537,000 after buying an additional 126,737 shares during the last quarter. K.J. Harrison & Partners Inc bought a new position in Bluerock Residential Growth REIT during the third quarter valued at about $1,053,000. Victory Capital Management Inc. bought a new position in Bluerock Residential Growth REIT during the third quarter valued at about $696,000. BlackRock Fund Advisors raised its position in Bluerock Residential Growth REIT by 8.7% in the third quarter. BlackRock Fund Advisors now owns 564,041 shares of the company’s stock valued at $7,333,000 after buying an additional 45,173 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. raised its position in Bluerock Residential Growth REIT by 12.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 363,043 shares of the company’s stock valued at $4,720,000 after buying an additional 39,787 shares during the last quarter.

About Bluerock Residential Growth REIT

Bluerock Residential Growth REIT, Inc is a real estate investment trust. The Company’s business consists of investing in and operating multifamily communities. The Company operates through real estate assets segment. Its businesses are conducted through its operating partnership, Bluerock Residential Holdings, L.P.

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