Urstadt Biddle Properties (UBA) Given Daily Media Sentiment Score of 0.00
Media headlines about Urstadt Biddle Properties (NYSE:UBA) have been trending somewhat positive on Friday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Urstadt Biddle Properties earned a news impact score of 0.00 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 47.2039847853837 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Several research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Urstadt Biddle Properties from a “hold” rating to a “sell” rating in a report on Friday, December 22nd. FBR & Co reaffirmed a “hold” rating and issued a $20.00 price objective on shares of Urstadt Biddle Properties in a report on Thursday, September 21st. Deutsche Bank reaffirmed a “hold” rating and issued a $23.00 price objective (up from $22.00) on shares of Urstadt Biddle Properties in a report on Wednesday, September 20th. Finally, B. Riley reaffirmed a “neutral” rating on shares of Urstadt Biddle Properties in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $22.33.
Urstadt Biddle Properties (NYSE:UBA) opened at $20.16 on Friday. Urstadt Biddle Properties has a fifty-two week low of $18.32 and a fifty-two week high of $23.94. The company has a quick ratio of 7.58, a current ratio of 7.58 and a debt-to-equity ratio of 0.76. The company has a market cap of $793.07, a P/E ratio of 22.91, a P/E/G ratio of 2.05 and a beta of 0.54.
The company also recently announced a quarterly dividend, which will be paid on Friday, January 19th. Shareholders of record on Friday, January 5th will be paid a $0.27 dividend. The ex-dividend date is Thursday, January 4th. This is a boost from Urstadt Biddle Properties’s previous quarterly dividend of $0.27. This represents a $1.08 annualized dividend and a yield of 5.36%. Urstadt Biddle Properties’s dividend payout ratio is currently 122.73%.
In other news, Director Catherine U. Biddle bought 109,542 shares of the stock in a transaction on Friday, December 22nd. The shares were acquired at an average cost of $16.00 per share, for a total transaction of $1,752,672.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 20.06% of the company’s stock.
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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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