Bluerock Residential Growth REIT Inc (NYSE:BRG) declared a dividend on Thursday, October 6th. Shareholders of record on Friday, November 25th will be given a dividend of 0.0967 per share on Monday, December 5th. The ex-dividend date of this dividend is Tuesday, November 22nd. This is a positive change from Bluerock Residential Growth REIT’s previous dividend of $0.10.

Bluerock Residential Growth REIT (NYSE:BRG) opened at 13.33 on Thursday. The firm’s market cap is $260.81 million. Bluerock Residential Growth REIT has a 1-year low of $9.06 and a 1-year high of $14.79. The firm’s 50-day moving average price is $12.51 and its 200-day moving average price is $12.69.

Dividend History for Bluerock Residential Growth REIT (NYSE:BRG)

A number of analysts have weighed in on BRG shares. JMP Securities reaffirmed a “buy” rating on shares of Bluerock Residential Growth REIT in a research report on Wednesday, November 9th. FBR & Co reaffirmed an “outperform” rating and set a $15.00 price objective (up from $14.00) on shares of Bluerock Residential Growth REIT in a research report on Wednesday, August 10th. DA Davidson reissued a “buy” rating on shares of Bluerock Residential Growth REIT in a report on Tuesday, November 8th. Finally, Zacks Investment Research cut Bluerock Residential Growth REIT from a “hold” rating to a “sell” rating in a report on Wednesday, October 19th.

In other Bluerock Residential Growth REIT news, insider Christopher J. Vohs purchased 2,500 shares of Bluerock Residential Growth REIT stock in a transaction dated Thursday, September 22nd. The stock was acquired at an average cost of $13.26 per share, with a total value of $33,150.00. Following the acquisition, the insider now directly owns 500 shares of the company’s stock, valued at $6,630. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Several hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System boosted its stake in Bluerock Residential Growth REIT by 1.5% in the third quarter. California State Teachers Retirement System now owns 39,673 shares of the company’s stock valued at $516,000 after buying an additional 600 shares in the last quarter. Rhumbline Advisers boosted its stake in Bluerock Residential Growth REIT by 3.4% in the third quarter. Rhumbline Advisers now owns 27,730 shares of the company’s stock valued at $360,000 after buying an additional 900 shares in the last quarter. BlackRock Advisors LLC boosted its stake in Bluerock Residential Growth REIT by 32.9% in the third quarter. BlackRock Advisors LLC now owns 12,613 shares of the company’s stock valued at $164,000 after buying an additional 3,123 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Bluerock Residential Growth REIT by 6.4% in the third quarter. Bank of New York Mellon Corp now owns 176,545 shares of the company’s stock valued at $2,295,000 after buying an additional 10,627 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in Bluerock Residential Growth REIT during the third quarter valued at approximately $168,000.

Bluerock Residential Growth REIT Company Profile

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.

5 Day Chart for NYSE:BRG

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