Dimensional Fund Advisors LP Has $8.02 Million Holdings in Urstadt Biddle Properties Inc (NYSE:UBA)

Dimensional Fund Advisors LP increased its stake in Urstadt Biddle Properties Inc (NYSE:UBA) by 9.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 405,156 shares of the real estate investment trust’s stock after buying an additional 33,303 shares during the period. Dimensional Fund Advisors LP owned 1.07% of Urstadt Biddle Properties worth $8,022,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Citadel Advisors LLC lifted its holdings in shares of Urstadt Biddle Properties by 38.0% during the 2nd quarter. Citadel Advisors LLC now owns 42,308 shares of the real estate investment trust’s stock valued at $837,000 after buying an additional 11,645 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Urstadt Biddle Properties by 33.3% during the 2nd quarter. Renaissance Technologies LLC now owns 842,700 shares of the real estate investment trust’s stock valued at $16,685,000 after buying an additional 210,600 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in shares of Urstadt Biddle Properties by 32.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 93,747 shares of the real estate investment trust’s stock valued at $1,856,000 after buying an additional 22,862 shares during the period. M&T Bank Corp lifted its holdings in shares of Urstadt Biddle Properties by 7.0% during the 2nd quarter. M&T Bank Corp now owns 12,678 shares of the real estate investment trust’s stock valued at $250,000 after buying an additional 833 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of Urstadt Biddle Properties by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 4,676,473 shares of the real estate investment trust’s stock valued at $92,594,000 after buying an additional 75,506 shares during the period. Institutional investors own 60.13% of the company’s stock.

Shares of Urstadt Biddle Properties Inc (NYSE UBA) traded up $0.14 during trading on Monday, hitting $23.57. The stock had a trading volume of 125,595 shares, compared to its average volume of 117,051. The stock has a market capitalization of $923.00, a price-to-earnings ratio of 17.89, a price-to-earnings-growth ratio of 2.26 and a beta of 0.53. The company has a current ratio of 7.58, a quick ratio of 7.58 and a debt-to-equity ratio of 0.71. Urstadt Biddle Properties Inc has a 52-week low of $18.32 and a 52-week high of $25.43.

Urstadt Biddle Properties (NYSE:UBA) last issued its quarterly earnings data on Friday, September 8th. The real estate investment trust reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.17. The firm had revenue of $31.87 million during the quarter, compared to analyst estimates of $29.30 million. Urstadt Biddle Properties had a return on equity of 13.62% and a net margin of 44.45%. sell-side analysts forecast that Urstadt Biddle Properties Inc will post 1.25 earnings per share for the current fiscal year.

A number of brokerages recently commented on UBA. B. Riley reaffirmed a “neutral” rating on shares of Urstadt Biddle Properties in a report on Wednesday, November 1st. FBR & Co reaffirmed a “hold” rating and issued a $20.00 target price on shares of Urstadt Biddle Properties in a report on Thursday, September 21st. Zacks Investment Research cut Urstadt Biddle Properties from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. Deutsche Bank reaffirmed a “hold” rating and issued a $23.00 target price (up from $22.00) on shares of Urstadt Biddle Properties in a report on Wednesday, September 20th. Finally, BidaskClub upgraded Urstadt Biddle Properties from a “hold” rating to a “buy” rating in a research note on Friday, August 11th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $22.33.

In other Urstadt Biddle Properties news, VP John T. Hayes sold 4,900 shares of the firm’s stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $22.20, for a total value of $108,780.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Stephan A. Rapaglia sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $21.70, for a total transaction of $32,550.00. The disclosure for this sale can be found here. 20.06% of the stock is currently owned by company insiders.

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About Urstadt Biddle Properties

Urstadt Biddle Properties Inc is a real estate investment trust, which is engaged in the acquisition, ownership and management of commercial real estate. The Company owns Ridgeway Shopping Center (Ridgeway) property, which is located in Stamford, Connecticut. Its segments include Ridgeway and All Other Operating Segments.

Institutional Ownership by Quarter for Urstadt Biddle Properties (NYSE:UBA)

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