Brixmor Property Group Inc. (BRX) Reaches $16.78 1 Year Low; Massachusetts Financial Services Company Has Raised By $74.46 Million Its Omnicom Group (OMC) Position

January 12, 2018 - By Louis Casey

Massachusetts Financial Services Company increased Omnicom Group Inc (OMC) stake by 6.08% reported in 2017Q3 SEC filing. Massachusetts Financial Services Company acquired 1.01M shares as Omnicom Group Inc (OMC)’s stock declined 2.32%. The Massachusetts Financial Services Company holds 17.55M shares with $1.30 billion value, up from 16.55M last quarter. Omnicom Group Inc now has $17.38 billion valuation. The stock increased 1.43% or $1.0605 during the last trading session, reaching $75.3805. About 990,490 shares traded. Omnicom Group Inc. (NYSE:OMC) has risen 1.15% since January 12, 2017 and is uptrending. It has underperformed by 15.55% the S&P500.

The stock of Brixmor Property Group Inc. (NYSE:BRX) hit a new 52-week low and has $15.43 target or 8.00% below today’s $16.78 share price. The 5 months bearish chart indicates high risk for the $5.12B company. The 1-year low was reported on Jan, 12 by Barchart.com. If the $15.43 price target is reached, the company will be worth $409.76M less. The stock decreased 0.97% or $0.165 during the last trading session, reaching $16.775. About 553,070 shares traded. Brixmor Property Group Inc. (NYSE:BRX) has declined 24.49% since January 12, 2017 and is downtrending. It has underperformed by 41.19% the S&P500.

Since October 19, 2017, it had 0 buys, and 2 sales for $653,858 activity. RICE LINDA JOHNSON had sold 489 shares worth $36,342. On Monday, December 11 Sherman Peter K. sold $617,516 worth of Omnicom Group Inc. (NYSE:OMC) or 8,310 shares.

Among 15 analysts covering Omnicom (NYSE:OMC), 4 have Buy rating, 2 Sell and 9 Hold. Therefore 27% are positive. Omnicom had 40 analyst reports since July 23, 2015 according to SRatingsIntel. Macquarie Research downgraded Omnicom Group Inc. (NYSE:OMC) on Tuesday, January 2 to “Underperform” rating. The firm has “Hold” rating given on Monday, August 14 by Jefferies. The company was maintained on Friday, July 14 by Credit Suisse. RBC Capital Markets maintained Omnicom Group Inc. (NYSE:OMC) rating on Monday, September 25. RBC Capital Markets has “Buy” rating and $96.0 target. The company was maintained on Friday, July 21 by RBC Capital Markets. Telsey Advisory Group upgraded Omnicom Group Inc. (NYSE:OMC) on Wednesday, October 18 to “Outperform” rating. The firm has “Buy” rating by Argus Research given on Tuesday, October 31. The stock of Omnicom Group Inc. (NYSE:OMC) earned “Hold” rating by Jefferies on Thursday, October 19. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, August 22. BMO Capital Markets maintained Omnicom Group Inc. (NYSE:OMC) rating on Wednesday, November 22. BMO Capital Markets has “Hold” rating and $85.0 target.

Massachusetts Financial Services Company decreased Adobe Sys Inc (NASDAQ:ADBE) stake by 170,352 shares to 6.48M valued at $966.70 million in 2017Q3. It also reduced Biogen Inc (NASDAQ:BIIB) stake by 47,712 shares and now owns 1.79M shares. Eqt Corp (NYSE:EQT) was reduced too.

Investors sentiment increased to 1 in 2017 Q3. Its up 0.11, from 0.89 in 2017Q2. It improved, as 56 investors sold OMC shares while 213 reduced holdings. 65 funds opened positions while 203 raised stakes. 230.60 million shares or 2.33% more from 225.35 million shares in 2017Q2 were reported. Tudor Invest Corp Et Al owns 15,790 shares for 0.03% of their portfolio. Abner Herrman & Brock Ltd reported 3,500 shares or 0.05% of all its holdings. Engineers Gate Manager Ltd Partnership reported 5,112 shares stake. Homrich & Berg invested 0.05% in Omnicom Group Inc. (NYSE:OMC). Gotham Asset Management Ltd Liability Com owns 448,180 shares. Factory Mutual Insurance accumulated 0.21% or 253,100 shares. 20,340 are owned by Laffer Investments. Zeke Capital Advisors Ltd Liability stated it has 8,452 shares. 1,858 were reported by Washington Tru Natl Bank. Moreover, Grandfield Dodd Limited Liability Company has 0.06% invested in Omnicom Group Inc. (NYSE:OMC). Capital Investment Advsr Limited Liability Com holds 0.02% or 3,126 shares. 117 are owned by Fincl Service Corp. Dowling Yahnke Limited Liability accumulated 3,556 shares. Davenport Llc, a Virginia-based fund reported 27,627 shares. Horan Advsr, a Ohio-based fund reported 590 shares.

Investors sentiment increased to 1.57 in Q3 2017. Its up 0.04, from 1.53 in 2017Q2. It increased, as 19 investors sold Brixmor Property Group Inc. shares while 74 reduced holdings. 39 funds opened positions while 107 raised stakes. 293.48 million shares or 3.16% less from 303.07 million shares in 2017Q2 were reported. Paloma Prns stated it has 0.01% in Brixmor Property Group Inc. (NYSE:BRX). New York-based Cornerstone Capital Mngmt Holdings Lc has invested 0.02% in Brixmor Property Group Inc. (NYSE:BRX). Quantitative Management Limited Liability Corporation stated it has 475,300 shares. Hsbc Public Limited Liability invested in 0% or 69,015 shares. Art Advsrs Limited Liability Com has 115,300 shares for 0.11% of their portfolio. Fmr Lc accumulated 11.69M shares or 0.03% of the stock. Asset Strategies Inc invested 0.18% in Brixmor Property Group Inc. (NYSE:BRX). Independent Order Of Foresters reported 0.4% of its portfolio in Brixmor Property Group Inc. (NYSE:BRX). Public Employees Retirement Of Ohio, a Ohio-based fund reported 496,695 shares. Alliancebernstein Lp invested in 0.02% or 1.31M shares. 7.05M are owned by Cbre Clarion Securities Lc. 200 are owned by Tower Lc (Trc). Atlantic Ltd Llc holds 0% or 10,800 shares. Stevens Cap Ltd Partnership, Pennsylvania-based fund reported 161,449 shares. Menta Ltd Llc invested in 12,256 shares.

Among 19 analysts covering Brixmor Property Group (NYSE:BRX), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. Brixmor Property Group had 47 analyst reports since August 7, 2015 according to SRatingsIntel. RBC Capital Markets upgraded the shares of BRX in report on Wednesday, March 2 to “Sector Perform” rating. Citigroup downgraded Brixmor Property Group Inc. (NYSE:BRX) on Tuesday, December 13 to “Neutral” rating. RBC Capital Markets maintained the stock with “Hold” rating in Monday, June 19 report. The firm has “Hold” rating given on Thursday, December 7 by RBC Capital Markets. Boenning & Scattergood upgraded the stock to “Buy” rating in Tuesday, September 12 report. Barclays Capital downgraded the stock to “Equal-Weight” rating in Tuesday, February 9 report. As per Wednesday, March 16, the company rating was reinitiated by Credit Suisse. The firm has “Hold” rating given on Monday, July 31 by RBC Capital Markets. The stock of Brixmor Property Group Inc. (NYSE:BRX) earned “Hold” rating by Deutsche Bank on Monday, July 18. As per Wednesday, March 2, the company rating was downgraded by Evercore.

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