Urstadt Biddle Properties (NYSE:UBA) was downgraded by investment analysts at TheStreet from a “b-” rating to a “c+” rating in a research note issued on Friday.

Other research analysts also recently issued reports about the stock. Zacks Investment Research raised shares of Urstadt Biddle Properties from a “strong sell” rating to a “hold” rating in a report on Saturday, January 20th. B. Riley set a $20.00 price target on shares of Urstadt Biddle Properties and gave the company a “hold” rating in a report on Wednesday, January 17th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $21.75.

Urstadt Biddle Properties (UBA) opened at $17.81 on Friday. The company has a quick ratio of 7.14, a current ratio of 7.14 and a debt-to-equity ratio of 0.76. Urstadt Biddle Properties has a fifty-two week low of $17.20 and a fifty-two week high of $23.94. The company has a market cap of $684.84, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 1.69 and a beta of 0.40.

Urstadt Biddle Properties (NYSE:UBA) last announced its quarterly earnings results on Friday, December 15th. The real estate investment trust reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.29). Urstadt Biddle Properties had a net margin of 42.95% and a return on equity of 13.19%. The firm had revenue of $32.31 million during the quarter, compared to the consensus estimate of $30.01 million. equities research analysts anticipate that Urstadt Biddle Properties will post 1.31 earnings per share for the current year.

In other news, Director Catherine U. Biddle purchased 109,542 shares of the business’s stock in a transaction on Friday, December 22nd. The stock was purchased at an average cost of $16.00 per share, with a total value of $1,752,672.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 20.39% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Urstadt Biddle Properties by 9.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 405,156 shares of the real estate investment trust’s stock worth $8,022,000 after acquiring an additional 33,303 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Urstadt Biddle Properties by 44.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 266,414 shares of the real estate investment trust’s stock worth $5,879,000 after acquiring an additional 82,421 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings in shares of Urstadt Biddle Properties by 9.1% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 61,489 shares of the real estate investment trust’s stock worth $1,217,000 after acquiring an additional 5,140 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of Urstadt Biddle Properties by 49.6% during the 3rd quarter. Prudential Financial Inc. now owns 157,648 shares of the real estate investment trust’s stock worth $3,421,000 after acquiring an additional 52,260 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Urstadt Biddle Properties by 4.2% during the 2nd quarter. State Street Corp now owns 902,684 shares of the real estate investment trust’s stock worth $17,879,000 after acquiring an additional 36,411 shares during the last quarter. 60.95% of the stock is owned by institutional investors.

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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.

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