Universal Beteiligungs und Servicegesellschaft mbH Has $3.26 Million Stock Holdings in Urban Edge Properties $UE

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Urban Edge Properties (NYSE:UEFree Report) by 68.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 169,824 shares of the real estate investment trust’s stock after buying an additional 68,812 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Urban Edge Properties were worth $3,259,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in Urban Edge Properties by 426.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,322 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 1,071 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in Urban Edge Properties during the 3rd quarter worth $35,000. Smartleaf Asset Management LLC grew its holdings in Urban Edge Properties by 45.3% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,903 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 593 shares during the period. Hantz Financial Services Inc. grew its holdings in Urban Edge Properties by 137.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,254 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 1,306 shares during the period. Finally, CIBC Private Wealth Group LLC acquired a new stake in Urban Edge Properties during the 3rd quarter worth $52,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. UBS Group reduced their price target on shares of Urban Edge Properties from $21.00 to $20.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Weiss Ratings raised shares of Urban Edge Properties from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday. Finally, Morgan Stanley lifted their price target on shares of Urban Edge Properties from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Monday, January 5th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $22.00.

Check Out Our Latest Research Report on UE

Key Stories Impacting Urban Edge Properties

Here are the key news stories impacting Urban Edge Properties this week:

Urban Edge Properties Trading Up 1.8%

Shares of NYSE UE opened at $21.89 on Friday. The company’s fifty day moving average is $20.88 and its 200-day moving average is $19.96. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 25.46 and a beta of 1.02. Urban Edge Properties has a twelve month low of $17.46 and a twelve month high of $22.26. The company has a quick ratio of 1.74, a current ratio of 2.08 and a debt-to-equity ratio of 1.21.

Urban Edge Properties (NYSE:UEGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.06. The company had revenue of $132.62 million for the quarter, compared to analysts’ expectations of $119.45 million. Urban Edge Properties had a net margin of 22.20% and a return on equity of 7.80%. Urban Edge Properties has set its FY 2026 guidance at 1.480-1.52 EPS. Equities research analysts predict that Urban Edge Properties will post 1.5 EPS for the current year.

Urban Edge Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were given a dividend of $0.21 per share. This is a positive change from Urban Edge Properties’s previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Friday, March 13th. Urban Edge Properties’s payout ratio is 112.00%.

Urban Edge Properties Profile

(Free Report)

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that specializes in owning, operating and developing grocery-anchored shopping centers. The company was formed in January 2017 as a spin-off from Regency Centers Corporation, establishing an independent platform focused on urban and densely populated markets. As a fully integrated REIT, Urban Edge oversees the acquisition, financing, leasing, redevelopment and management of its retail properties.

The company’s portfolio comprises predominantly open-air shopping centers anchored by national and regional supermarket operators.

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Institutional Ownership by Quarter for Urban Edge Properties (NYSE:UE)

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