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Why should you keep an eye on Brixmor Property Group Inc (BRX)?

Brixmor Property Group Inc (NYSE: BRX) is 24.11% higher on its value in year-to-date trading and has touched a low of $20.80 and a high of $30.67 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BRX stock was last observed hovering at around $28.88 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $28.88, the stock is -2.42% and 1.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.28 million and changing 0.00% at the moment leaves the stock 15.17% off its SMA200. BRX registered 19.64% gain for a year compared to 6-month gain of 29.56%. The firm has a 50-day simple moving average (SMA 50) of $28.5308 and a 200-day simple moving average (SMA200) of $25.04495.

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The stock witnessed a 0.70% loss in the last 1 month and extending the period to 3 months gives it a 3.14%, and is -2.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.32% over the week and 1.45% over the month.

Brixmor Property Group Inc (BRX) has around 513 employees, a market worth around $8.73B and $1.28B in sales. Current P/E ratio is 26.65 and Fwd P/E is 29.66. Profit margin for the company is 25.70%. Distance from 52-week low is 38.88% and -5.84% from its 52-week high. The company has generated returns on investments over the last 12 months (3.93%).

with sales reaching $325.63M over the same period.The EPS is expected to grow by 2.83% this year, but quarterly earnings will post 2.35% year-over-year. Quarterly sales are estimated to grow 2.89% in year-over-year returns.

Brixmor Property Group Inc (BRX) Top Institutional Holders

566.0 institutions hold shares in Brixmor Property Group Inc (BRX), with institutional investors hold 99.00% of the company’s shares. The shares outstanding are 302.06M, and float is at 299.83M with Short Float at 2.86%. Institutions hold 98.27% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 45.62 million shares valued at $1.05 billion. The investor’s holdings represent 15.1058% of the BRX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 36.54 million shares valued at $843.76 million to account for 12.0993 of the shares outstanding. The other top investors are STATE STREET CORP which holds 15.23 million shares representing 5.0414% and valued at over $351.57 million, while FRANKLIN RESOURCES INC holds 4.4571 of the shares totaling 13.46 million with a market value of $310.82 million.

Brixmor Property Group Inc (BRX) Insider Activity

The most recent transaction is an insider sale by SIEGEL STEVEN F, the company’s. SEC filings show that SIEGEL STEVEN F sold 25,000 shares of the company’s common stock on Nov 20 ’24 at a price of $29.54 per share for a total of $0.74 million. Following the sale, the insider now owns 0.32 million shares.

Still, SEC filings show that on Aug 14 ’24, Crosland Sheryl Maxwell (Director) disposed off 5,000 shares at an average price of $25.45 for $0.13 million. The insider now directly holds 46,291 shares of Brixmor Property Group Inc (BRX).

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