Brixmor Property Group Inc. (NYSE:BRX) insider James M. Taylor, Jr. purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 21st. The stock was acquired at an average price of $23.82 per share, for a total transaction of $238,200.00. Following the completion of the purchase, the insider now directly owns 213,590 shares of the company’s stock, valued at approximately $5,087,713.80. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Brixmor Property Group Inc. (NYSE:BRX) traded up 0.68% on Monday, reaching $23.81. 1,447,134 shares of the company were exchanged. Brixmor Property Group Inc. has a 12-month low of $19.91 and a 12-month high of $29.14. The firm has a market capitalization of $7.25 billion, a PE ratio of 30.06 and a beta of 0.61. The stock’s 50-day moving average is $25.38 and its 200 day moving average is $26.60.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings data on Monday, October 24th. The real estate investment trust reported $0.51 earnings per share for the quarter, hitting the consensus estimate of $0.51. Brixmor Property Group had a return on equity of 8.19% and a net margin of 18.62%. The company earned $318.58 million during the quarter, compared to analyst estimates of $312.70 million. During the same quarter last year, the firm posted $0.51 EPS. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. On average, analysts forecast that Brixmor Property Group Inc. will post $2.05 EPS for the current year.

Insider Buying and Selling by Quarter for Brixmor Property Group (NYSE:BRX)

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 17th. Investors of record on Thursday, January 5th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Tuesday, January 3rd. This represents a $1.04 annualized dividend and a yield of 4.37%. This is a positive change from Brixmor Property Group’s previous quarterly dividend of $0.25. Brixmor Property Group’s dividend payout ratio (DPR) is 125.64%.

Several research firms recently commented on BRX. Mitsubishi UFJ Financial Group began coverage on shares of Brixmor Property Group in a research note on Wednesday, September 7th. They issued an “outperform” rating and a $29.00 price target on the stock. Stifel Nicolaus upgraded shares of Brixmor Property Group from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research note on Monday, August 15th. They noted that the move was a valuation call. Deutsche Bank AG upgraded shares of Brixmor Property Group from a “hold” rating to a “buy” rating and upped their price target for the company from $27.00 to $30.00 in a research note on Wednesday, August 17th. Evercore ISI raised shares of Brixmor Property Group from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research report on Monday, August 22nd. Finally, Citigroup Inc. raised shares of Brixmor Property Group from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $28.00 to $31.00 in a research report on Friday, August 12th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. Brixmor Property Group currently has a consensus rating of “Hold” and a consensus target price of $28.36.

A number of large investors have recently made changes to their positions in BRX. Gilman Hill Asset Management LLC raised its stake in shares of Brixmor Property Group by 0.3% in the second quarter. Gilman Hill Asset Management LLC now owns 17,080 shares of the real estate investment trust’s stock valued at $452,000 after buying an additional 55 shares during the period. IBM Retirement Fund raised its position in Brixmor Property Group by 7.4% in the second quarter. IBM Retirement Fund now owns 19,323 shares of the real estate investment trust’s stock worth $511,000 after buying an additional 1,328 shares during the last quarter. State of Alaska Department of Revenue raised its position in Brixmor Property Group by 1.2% in the second quarter. State of Alaska Department of Revenue now owns 81,040 shares of the real estate investment trust’s stock worth $2,144,000 after buying an additional 940 shares during the last quarter. Fox Run Management L.L.C. raised its position in Brixmor Property Group by 151.7% in the second quarter. Fox Run Management L.L.C. now owns 38,000 shares of the real estate investment trust’s stock worth $1,005,000 after buying an additional 22,900 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Brixmor Property Group by 164.8% in the second quarter. Nisa Investment Advisors LLC now owns 12,050 shares of the real estate investment trust’s stock worth $319,000 after buying an additional 7,500 shares during the last quarter.

Brixmor Property Group Company Profile

Brixmor Property Group Inc and subsidiaries (collectively 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.

5 Day Chart for NYSE:BRX

Receive News & Stock Ratings for Brixmor Property Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brixmor Property Group Inc. and related stocks with our FREE daily email newsletter.