Urstadt Biddle Properties (UBA) Given Media Impact Score of 0.19
News stories about Urstadt Biddle Properties (NYSE:UBA) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Urstadt Biddle Properties earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 46.1420722791088 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of equities analysts have issued reports on UBA shares. TheStreet upgraded Urstadt Biddle Properties from a “c+” rating to a “b-” rating in a report on Monday, July 17th. B. Riley reiterated a “neutral” rating on shares of Urstadt Biddle Properties in a report on Wednesday, November 1st. Zacks Investment Research upgraded Urstadt Biddle Properties from a “sell” rating to a “hold” rating and set a $23.00 target price for the company in a report on Thursday, September 7th. Deutsche Bank AG reiterated a “hold” rating and set a $23.00 target price (up previously from $22.00) on shares of Urstadt Biddle Properties in a report on Wednesday, September 20th. Finally, FBR & Co reiterated a “hold” rating and set a $20.00 target price on shares of Urstadt Biddle Properties in a report on Thursday, September 21st. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $22.33.
Shares of Urstadt Biddle Properties (NYSE:UBA) traded down $0.09 during midday trading on Friday, hitting $22.17. The stock had a trading volume of 51,200 shares, compared to its average volume of 119,563. The company has a market cap of $829.73, a PE ratio of 16.99, a price-to-earnings-growth ratio of 2.15 and a beta of 0.50. The company has a debt-to-equity ratio of 0.71, a current ratio of 7.58 and a quick ratio of 7.58. Urstadt Biddle Properties has a 12 month low of $18.32 and a 12 month high of $25.43.
Urstadt Biddle Properties (NYSE:UBA) last announced its quarterly earnings data on Friday, September 8th. The real estate investment trust reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.17. The company had revenue of $31.87 million during the quarter, compared to analysts’ expectations of $29.30 million. Urstadt Biddle Properties had a return on equity of 13.62% and a net margin of 44.45%. sell-side analysts anticipate that Urstadt Biddle Properties will post 1.25 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 20th. Stockholders of record on Friday, October 6th were issued a $0.265 dividend. This represents a $1.06 annualized dividend and a dividend yield of 4.78%. The ex-dividend date was Thursday, October 5th. Urstadt Biddle Properties’s payout ratio is 100.95%.
In other news, VP John T. Hayes sold 4,900 shares of the firm’s stock in a transaction dated Thursday, October 5th. The stock was sold at an average price of $22.20, for a total value of $108,780.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Stephan A. Rapaglia sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $21.70, for a total value of $32,550.00. The disclosure for this sale can be found here. 20.06% of the stock is owned by company insiders.
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Urstadt Biddle Properties Company Profile
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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