The Hedge Fund Long Pond Capital Lp Lowered its Position in Brixmor Ppty Group Inc (NYSE:BRX) by $20.75 Million

May 17, 2018 - By Megan Stone

Brixmor Property Group Inc. (NYSE:BRX) Corporate LogoBig Money Sentiment decreased to 1.42 in 2017 Q4. It has change of 0.15, from 2017Q3’s 1.57. The ratio turned negative due to BRX positioning: 24 sold and 80 reduced. 43 funds acquired positions and 105 increased positions. Investors holded 293.48 million in 2017Q3 but now own 294.34 million shares or 0.30% more. Montana-based First Interstate Bankshares has invested 0% in Brixmor Property Group Inc. (NYSE:BRX). Etrade Capital Management Lc holds 28,988 shs. Legal And General Gru Plc holds 0.02% of its capital in Brixmor Property Group Inc. (NYSE:BRX) for 1.22M shs. Alliancebernstein L P invested 0% of its capital in Brixmor Property Group Inc. (NYSE:BRX). Jefferies Gru Lc holds 0% or 20,513 shs. Wolverine Asset Ltd Liability Com invested 0.01% of its capital in Brixmor Property Group Inc. (NYSE:BRX). Gulf Bancshares (Uk) Ltd invested 0.02% in Brixmor Property Group Inc. (NYSE:BRX). Clinton Grp Incorporated holds 0.2% or 122,147 shs. Glenmede Trust Na reported 0.07% stake. Rothschild Asset Mngmt reported 0.02% in Brixmor Property Group Inc. (NYSE:BRX). Mitsubishi Ufj And Banking Corporation owns 921,810 shs. Art Ltd Co owns 36,900 shs for 0.03% of their capital. Stevens Capital Mngmt L P owns 281,820 shs for 0.2% of their capital. Cbre Clarion Secs Llc stated it has 1.69% in Brixmor Property Group Inc. (NYSE:BRX). Amica Mutual Insurance Com has invested 0.23% of its capital in Brixmor Property Group Inc. (NYSE:BRX).

BRX registered $510,370 net activity with 5 insider purchases and 0 selling transactions since February 14, 2018. The insider Taylor James M Jr bought 11,500 shs worth $168,475. On Friday, March 9 the insider Greene-Sulzberger Gabrielle bought $11,640. On Wednesday, May 9 Schreiber John had bought 10,000 shs worth $146,400.

John Khoury reduced its stake by 30.23% in Brixmor Ppty Group Inc (NYSE:BRX), according to 2018Q1 Securities and Exchange form. The company’s stock Sank 18.39% while Long Pond Capital Lp sold 1.38M shares. At the end of 2018Q1, the 3.19M shares of the real estate investment trusts company held by the hedge fund run by John Khoury were valued at $48.69 million, down from 4.58 million at the end of the previous reported quarter. $4.29B is Brixmor Ppty Group Inc’s market cap. The stock increased 0.43% or $0.06 during the last trading session, hitting $14.17.Brixmor Property Group Inc. has 3.41 million shares volume, 2.64% up from normal. BRX is downtrending and has moved 29.53% since May 17, 2017. BRX underperformed by 41.08% the S&P500.

According to a filing the Long Pond Capital Lp’s stake in Five Point Holdings Llc () was upped by 1.24 million shares to 1.72M shares valued at $24.58M in 2018Q1. It operates about $1.63B and $3.93 billion US Long portfolio. Long Pond Capital Lp has risen its stake in D R Horton Inc (NYSE:DHI) and also increased its holding in Vornado Rlty Tr (NYSE:VNO) by 3.34 million shares in the quarter, for a total of 4.66M shares.

Long Pond Capital is placed in New York City, and is overseen by John Khoury. Long Pond Capital fundamentally concentrates on base up, essential driven speculation opportunities, with a large portion of its value presentation in REITs and land related organizations. Long Pond Capital Lp is a New York-based hedge fund that was founded by John Khoury. It had more than $1.63 billion assets under management in March, 2014. Taken from Long Pond Capital latest Adv, the fund reported to have 13 full and part-time employees. Among which 7 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

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

Total analysts of 12 have positions in Brixmor Property Group (NYSE:BRX) as follows: 6 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 50%. Since December 1, 2017 according to StockzIntelligence Inc Brixmor Property Group has 16 analyst reports. On Monday, January 22 the firm has “Buy” rating by SunTrust given. The stock rating was maintained by JP Morgan with “Overweight” on Tuesday, February 20. On Wednesday, January 3 the stock of Brixmor Property Group Inc. (NYSE:BRX) earned “Buy” rating by MUFG Securities Americas Inc. On Wednesday, February 21 Citigroup maintained Brixmor Property Group Inc. (NYSE:BRX) rating. Citigroup has “Neutral” rating and $16 target. On Friday, December 1 the firm has “Hold” rating given by Stifel Nicolaus. The stock rating was maintained by RBC Capital Markets with “Hold” on Thursday, December 7. On Monday, December 11 the rating was downgraded by Mizuho to “Neutral”. On Monday, March 5 the firm has “In-Line” rating given by Evercore. On Monday, February 12 the firm earned “Hold” rating by Stifel Nicolaus. On Tuesday, January 30 the stock of Brixmor Property Group Inc. (NYSE:BRX) has “Equal-Weight” rating given by Barclays Capital.

Brixmor Property Group Inc. owns and operates various grocery-anchored community and neighborhood shopping centers in the United States.The company has $4.29 billion market cap. 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.The P/E ratio is 14.4. Brixmor Property Group Inc. was formerly known as CENTRO SUPER RESIDUAL HOLDING 2 LLC.

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

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