Live Stock Coverage: Is Selling Urstadt Biddle Properties Inc Here a Winning Strategy?

Live Stock Coverage: Is Selling Urstadt Biddle Properties Inc Here a Winning Strategy?

The stock of Urstadt Biddle Properties Inc (NYSE:UBA) is a huge mover today! The stock decreased 0.87% or $0.19 on October 5, hitting $21.53. Urstadt Biddle Properties Inc (NYSE:UBA) has risen 7.85% since March 2, 2016 and is uptrending. It has underperformed by 0.41% the S&P500.
The move comes after 6 months negative chart setup for the $811.24 million company. It was reported on Oct, 6 by We have $20.24 PT which if reached, will make NYSE:UBA worth $48.67M less.

According to Zacks Investment Research, “Urstadt Biddle Properties is a self-administered equity real estate investment trust that provides investors with an investment vehicle for participating in ownership of income-producing properties. Their core properties consist principally of community shopping centers located in the northeast.”

Insitutional Activity: The institutional sentiment increased to 1.51 in Q2 2016. Its up 0.33, from 1.18 in 2016Q1. The ratio is positive, as 7 funds sold all Urstadt Biddle Properties Inc shares owned while 38 reduced positions. 22 funds bought stakes while 46 increased positions. They now own 20.54 million shares or 0.62% more from 20.42 million shares in 2016Q1.
Panagora Asset Inc has invested 0% of its portfolio in Urstadt Biddle Properties Inc (NYSE:UBA). Proshare Advsr Limited Liability Corp last reported 0.03% of its portfolio in the stock. Moreover, First Lp has 0% invested in Urstadt Biddle Properties Inc (NYSE:UBA) for 12,081 shares. Wilkins Invest Counsel holds 0.27% of its portfolio in Urstadt Biddle Properties Inc (NYSE:UBA) for 31,950 shares. Virginia Retirement System Et Al, a Virginia-based fund reported 16,700 shares. Renaissance Technologies Ltd Llc accumulated 0.02% or 350,700 shares. Nomura Asset Co Ltd has 16,580 shares for 0.01% of their US portfolio. Schroder Inv Mngmt Gp has 0% invested in the company for 41,000 shares. Northern accumulated 456,575 shares or 0% of the stock. Loeb Prns has 24,500 shares for 0.2% of their US portfolio. Louisiana State Employees Retirement accumulated 0.02% or 11,700 shares. Barclays Public Ltd Company holds 0% or 2,118 shares in its portfolio. Westport Resource Mgmt accumulated 1,750 shares or 0.01% of the stock. Moreover, Teachers & Annuity Association Of America has 0.03% invested in Urstadt Biddle Properties Inc (NYSE:UBA) for 28,041 shares. Athena Ltd Co accumulated 13,401 shares or 0.11% of the stock.

Insider Transactions: Since April 6, 2016, the stock had 1 buy, and 2 selling transactions for $114,855 net activity. URSTADT CHARLES J also bought $105,000 worth of Urstadt Biddle Properties Inc (NYSE:UBA) on Friday, April 15. Another trade for 5,000 shares valued at $105,000 was sold by Myers Thomas D. Rapaglia Stephan A sold $61,500 worth of stock or 3,000 shares.

More notable recent Urstadt Biddle Properties Inc (NYSE:UBA) news were published by: which released: “Urstadt Biddle Properties Inc. (UBP) Ex-Dividend Date Scheduled for October 05 …” on October 04, 2016, also with their article: “Urstadt Biddle Properties Inc. Acquires the Newfield Green Shopping Center in …” published on July 20, 2016, published: “Urstadt Biddle Properties Inc. Reports Operating Results for the Third Quarter …” on September 08, 2016. More interesting news about Urstadt Biddle Properties Inc (NYSE:UBA) were released by: and their article: “Urstadt Biddle Properties Inc. Announces Acquisition of The Harrison Shopping …” published on August 05, 2015 as well as‘s news article titled: “Urstadt Biddle Properties Inc. Announces the Sale of Townline Square Shopping …” with publication date: August 26, 2015.

UBA Company Profile

Urstadt Biddle Properties Inc., incorporated on December 30, 1996, is a real estate investment trust. The Firm is engaged in the acquisition, ownership and management of commercial real estate. The Company’s primary business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on properties in the metropolitan New York tri-state area outside of the City of New York. The Company’s properties consist principally of neighborhood and community shopping centers and seven office buildings. The Firm seeks to identify desirable properties for acquisition, which it acquires in the normal course of business. The Firm owns or has equity interests in approximately 70 properties consisting of neighborhood and community shopping centers, office buildings, single tenant retail or restaurant properties and office/retail mixed use properties located in over four states throughout the United States, containing a total of approximately 4.9 million square feet of gross leasable area (GLA).

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