Credit Agricole S A increased its position in Urstadt Biddle Properties Inc (NYSE:UBA) by 21.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,616 shares of the real estate investment trust’s stock after buying an additional 987 shares during the period. Credit Agricole S A’s holdings in Urstadt Biddle Properties were worth $135,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Capstone Asset Management Co. increased its stake in Urstadt Biddle Properties by 4.7% in the third quarter. Capstone Asset Management Co. now owns 14,135 shares of the real estate investment trust’s stock valued at $314,000 after buying an additional 640 shares in the last quarter. First Quadrant L P CA purchased a new position in shares of Urstadt Biddle Properties during the third quarter valued at approximately $1,102,000. Private Capital Advisors Inc. increased its position in shares of Urstadt Biddle Properties by 0.5% in the third quarter. Private Capital Advisors Inc. now owns 167,899 shares of the real estate investment trust’s stock valued at $3,731,000 after buying an additional 900 shares during the period. Louisiana State Employees Retirement System increased its position in shares of Urstadt Biddle Properties by 8.5% in the third quarter. Louisiana State Employees Retirement System now owns 12,700 shares of the real estate investment trust’s stock valued at $282,000 after buying an additional 1,000 shares during the period. Finally, Albert D Mason Inc. increased its position in shares of Urstadt Biddle Properties by 84.5% in the third quarter. Albert D Mason Inc. now owns 110,736 shares of the real estate investment trust’s stock valued at $2,461,000 after buying an additional 50,728 shares during the period. 60.04% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Urstadt Biddle Properties (NYSE:UBA)

Shares of Urstadt Biddle Properties Inc (NYSE:UBA) traded down 0.76% during trading on Friday, hitting $20.78. 92,638 shares of the company traded hands. The company has a market capitalization of $783.39 million, a price-to-earnings ratio of 38.41 and a beta of 0.63. The company has a 50 day moving average price of $20.74 and a 200 day moving average price of $22.03. Urstadt Biddle Properties Inc has a 52 week low of $19.67 and a 52 week high of $25.43.

The firm also recently announced a quarterly dividend, which was paid on Monday, April 17th. Stockholders of record on Monday, April 3rd were given a dividend of $0.265 per share. The ex-dividend date of this dividend was Thursday, March 30th. This is a positive change from Urstadt Biddle Properties’s previous quarterly dividend of $0.26. This represents a $1.06 dividend on an annualized basis and a dividend yield of 5.06%. Urstadt Biddle Properties’s dividend payout ratio (DPR) is 196.30%.

COPYRIGHT VIOLATION NOTICE: “Credit Agricole S A Boosts Stake in Urstadt Biddle Properties Inc (UBA)” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/04/21/credit-agricole-s-a-boosts-stake-in-urstadt-biddle-properties-inc-uba-updated-updated.html.

Separately, Zacks Investment Research downgraded shares of Urstadt Biddle Properties from a “buy” rating to a “hold” rating in a research note on Tuesday, March 14th.

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.

5 Day Chart for NYSE:UBA

Receive News & Stock Ratings for Urstadt Biddle Properties Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urstadt Biddle Properties Inc and related stocks with our FREE daily email newsletter.