StockNews.com started coverage on shares of Urstadt Biddle Properties (NYSE:UBA – Free Report) in a report published on Friday morning. The brokerage issued a hold rating on the real estate investment trust’s stock.
Separately, Piper Sandler boosted their price target on shares of Urstadt Biddle Properties from $20.00 to $21.00 in a research report on Thursday, June 8th.
Urstadt Biddle Properties Stock Down 1.8 %
Institutional Investors Weigh In On Urstadt Biddle Properties
A number of hedge funds have recently bought and sold shares of the business. Glass Jacobson Investment Advisors llc bought a new position in shares of Urstadt Biddle Properties in the second quarter worth about $27,000. Captrust Financial Advisors bought a new position in shares of Urstadt Biddle Properties in the second quarter worth about $45,000. Advisor Group Holdings Inc. grew its holdings in shares of Urstadt Biddle Properties by 23.1% in the first quarter. Advisor Group Holdings Inc. now owns 3,196 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 600 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in Urstadt Biddle Properties by 19.1% during the 4th quarter. Quadrant Capital Group LLC now owns 4,530 shares of the real estate investment trust’s stock worth $86,000 after acquiring an additional 725 shares in the last quarter. Finally, FMR LLC grew its holdings in Urstadt Biddle Properties by 11.3% during the 1st quarter. FMR LLC now owns 6,131 shares of the real estate investment trust’s stock worth $108,000 after acquiring an additional 622 shares in the last quarter. Hedge funds and other institutional investors own 51.81% of the company’s stock.
Urstadt Biddle Properties Company Profile
Urstadt Biddle Properties Inc is a self-administered equity real estate investment trust which owns or has equity interests in 77 properties containing approximately 5.3 million square feet of space. Listed on the New York Stock Exchange since 1970, it provides investors with a means of participating in ownership of income-producing properties.
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