Could Brixmor Property Group Inc. (BRX) Crash Even More? The Stock Had Another Big Decline Today

Brixmor Property Group Inc. (NYSE:BRX) Logo

Investors sentiment increased to 0.88 in Q3 2018. Its up 0.07, from 0.81 in 2018Q2. It is positive, as 32 investors sold Brixmor Property Group Inc. shares while 91 reduced holdings. 39 funds opened positions while 69 raised stakes. 286.77 million shares or 2.03% less from 292.72 million shares in 2018Q2 were reported.
Apg Asset Nv invested in 0% or 137,800 shares. Geode Mgmt Ltd Liability Corp holds 0.02% of its portfolio in Brixmor Property Group Inc. (NYSE:BRX) for 4.50 million shares. Pnc Fincl Gp Incorporated reported 0% of its portfolio in Brixmor Property Group Inc. (NYSE:BRX). Morgan Stanley owns 10.53 million shares. State Street has invested 0.01% in Brixmor Property Group Inc. (NYSE:BRX). Services Automobile Association holds 0% or 47,285 shares. Fmr Ltd Limited Liability Company invested in 0.01% or 7.39 million shares. Earnest Partners Ltd Limited Liability Company has 0% invested in Brixmor Property Group Inc. (NYSE:BRX). State Of Alaska Department Of Revenue holds 128,593 shares or 0.04% of its portfolio. Steinberg Glob Asset Mgmt holds 165,590 shares or 0.41% of its portfolio. Alliancebernstein Ltd Partnership holds 0.02% in Brixmor Property Group Inc. (NYSE:BRX) or 2.08M shares. Macquarie Group Inc holds 0.04% of its portfolio in Brixmor Property Group Inc. (NYSE:BRX) for 1.45 million shares. Rothschild Asset Us invested in 100,453 shares. Natl Bank Of New York Mellon owns 0.01% invested in Brixmor Property Group Inc. (NYSE:BRX) for 2.41M shares. Twin Capital Management owns 0.01% invested in Brixmor Property Group Inc. (NYSE:BRX) for 17,851 shares.

The stock of Brixmor Property Group Inc. (NYSE:BRX) is a huge mover today! The stock decreased 1.85% or $0.33 during the last trading session, reaching $17.54. About 1.85M shares traded. Brixmor Property Group Inc. (NYSE:BRX) has declined 7.13% since February 12, 2018 and is downtrending. It has underperformed by 7.13% the S&P500.
The move comes after 5 months negative chart setup for the $5.26B company. It was reported on Feb, 12 by Barchart.com. We have $16.66 PT which if reached, will make NYSE:BRX worth $262.95 million less.

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Brixmor Property Group Inc. (NYSE:BRX) Ratings Coverage

Among 4 analysts covering Brixmor Property Group (NYSE:BRX), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Brixmor Property Group had 4 analyst reports since August 16, 2018 according to SRatingsIntel. The rating was maintained by Wells Fargo on Monday, November 12 with “Outperform”. Citigroup maintained Brixmor Property Group Inc. (NYSE:BRX) rating on Thursday, August 16. Citigroup has “Neutral” rating and $18 target. The rating was downgraded by Mizuho to “Neutral” on Tuesday, August 21. KeyBanc Capital Markets upgraded it to “Overweight” rating and $18 target in Monday, October 29 report.

More notable recent Brixmor Property Group Inc. (NYSE:BRX) news were published by: Fool.com which released: “About to Sell Your Apparel Stocks? Read This First – The Motley Fool” on October 10, 2017, also Seekingalpha.com with their article: “A Canadian REIT That Says Buy Me – Seeking Alpha” published on March 30, 2015, Seekingalpha.com published: “Weighing The Week Ahead: A Delicate (And Temporary) Balance – Seeking Alpha” on July 22, 2018. More interesting news about Brixmor Property Group Inc. (NYSE:BRX) were released by: Seekingalpha.com and their article: “Brixmor Property Group (BRX) Investor Presentation – Slideshow – Seeking Alpha” published on December 06, 2017 as well as Benzinga.com‘s news article titled: “Strip Malls Vs. Shopping Malls, And Why Brixmor (NYSE: BRX) Is A Buy – Benzinga” with publication date: August 15, 2017.

Brixmor Property Group Inc. owns and operates various grocery-anchored community and neighborhood shopping centers in the United States. The company has market cap of $5.26 billion. As of March 31, 2013, the firm owned interests in 532 community and neighborhood shopping centers comprising 526 wholly owned community and neighborhood shopping centers; and 6 community and neighborhood shopping centers held through unconsolidated real estate joint ventures. It has a 14.89 P/E ratio. Brixmor Property Group Inc. was formerly known as CENTRO SUPER RESIDUAL HOLDING 2 LLC.

Brixmor Property Group Inc. (NYSE:BRX) Institutional Positions Chart