Analysts See $0.30 EPS for Urstadt Biddle Properties Inc (UBA)

November 18, 2017 - By Darrin Black

 Analysts See $0.30 EPS for Urstadt Biddle Properties Inc (UBA)
Investors sentiment decreased to 1.19 in Q2 2017. Its down 0.07, from 1.26 in 2017Q1. It worsened, as 14 investors sold Urstadt Biddle Properties Inc shares while 43 reduced holdings. 16 funds opened positions while 52 raised stakes. 23.01 million shares or 1.91% less from 23.46 million shares in 2017Q1 were reported.
Pnc Finance Service Gru Inc holds 3,987 shares. Td Asset Inc reported 61,075 shares. Dupont Capital reported 30,778 shares. Group Incorporated Inc invested in 22,147 shares or 0% of the stock. California State Teachers Retirement System has invested 0% in Urstadt Biddle Properties Inc (NYSE:UBA). 61,489 are held by Ubs Asset Americas. 165,671 were reported by Ameriprise Fin Inc. Morgan Stanley holds 0% or 162,365 shares. Heartland Advsr reported 150,000 shares or 0.19% of all its holdings. New York-based Mutual Of America Capital Mgmt Ltd has invested 0.03% in Urstadt Biddle Properties Inc (NYSE:UBA). Teachers Retirement System Of The State Of Kentucky owns 8,800 shares for 0% of their portfolio. North Star Inv Mgmt stated it has 0% in Urstadt Biddle Properties Inc (NYSE:UBA). Mason Street Advisors Lc holds 0% in Urstadt Biddle Properties Inc (NYSE:UBA) or 7,332 shares. Macquarie Gru stated it has 8,800 shares or 0% of all its holdings. Denali Ltd Limited Liability Company reported 0% of its portfolio in Urstadt Biddle Properties Inc (NYSE:UBA).

Wall Street await Urstadt Biddle Properties Inc (NYSE:UBA) to release earnings on December, 21. Analysts forecast earnings per share of $0.30, down exactly $0.06 or 16.67 % from 2014’s $0.36 EPS. The expected UBA’s profit could reach $11.24 million giving the stock 19.08 P/E in the case that $0.30 earnings per share is reported. After posting $0.37 EPS for the previous quarter, Urstadt Biddle Properties Inc’s analysts now forecast -18.92 % negative EPS growth. The stock increased 0.26% or $0.06 during the last trading session, reaching $22.9. About 100,519 shares traded or 27.17% up from the average. Urstadt Biddle Properties Inc (NYSE:UBA) has declined 9.30% since November 18, 2016 and is downtrending. It has underperformed by 26.00% the S&P500.

Urstadt Biddle Properties Inc (NYSE:UBA) Ratings Coverage

Among 2 analysts covering Urstadt Biddle Properties Inc. (NYSE:UBA), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Urstadt Biddle Properties Inc. had 4 analyst reports since March 24, 2016 according to SRatingsIntel. The rating was downgraded by Deutsche Bank to “Hold” on Monday, July 18. The rating was maintained by Deutsche Bank with “Buy” on Thursday, June 16. Deutsche Bank maintained it with “Buy” rating and $23 target in Thursday, March 24 report.

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 has market cap of $858.16 million. The Firm owns Ridgeway Shopping Center property, which is located in Stamford, Connecticut. It has a 21.88 P/E ratio. The Company’s divisions include Ridgeway and All Other Operating Segments.

More notable recent Urstadt Biddle Properties Inc (NYSE:UBA) news were published by: Businesswire.com which released: “Urstadt Biddle Properties Inc. Announces Closing of Series H Preferred Stock …” on September 18, 2017, also Businesswire.com with their article: “Urstadt Biddle Properties Inc. Announces the Sale of Its Westchester Pavilion …” published on March 01, 2017, Businesswire.com published: “Urstadt Biddle Properties Inc. Announces Closing of Over-Allotment Option for …” on September 26, 2017. More interesting news about Urstadt Biddle Properties Inc (NYSE:UBA) were released by: Seekingalpha.com and their article: “A Shopping Center REIT For Average Joe” published on October 16, 2017 as well as Businesswire.com‘s news article titled: “Urstadt Biddle Properties Inc. Acquires Van Houten Farms Shopping Center in …” with publication date: March 21, 2017.

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