Quantinno Capital Management LP Has $3.27 Million Holdings in Urban Edge Properties $UE

Quantinno Capital Management LP raised its holdings in shares of Urban Edge Properties (NYSE:UE) by 148.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,781 shares of the real estate investment trust’s stock after acquiring an additional 97,978 shares during the quarter. Quantinno Capital Management LP owned approximately 0.13% of Urban Edge Properties worth $3,272,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Amundi lifted its position in shares of Urban Edge Properties by 0.6% in the fourth quarter. Amundi now owns 86,306 shares of the real estate investment trust’s stock worth $1,656,000 after purchasing an additional 535 shares in the last quarter. ProShare Advisors LLC grew its position in Urban Edge Properties by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 24,728 shares of the real estate investment trust’s stock valued at $475,000 after purchasing an additional 776 shares in the last quarter. California State Teachers Retirement System increased its stake in Urban Edge Properties by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 112,542 shares of the real estate investment trust’s stock valued at $2,100,000 after buying an additional 816 shares during the period. PNC Financial Services Group Inc. increased its stake in Urban Edge Properties by 12.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,470 shares of the real estate investment trust’s stock valued at $163,000 after buying an additional 906 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in Urban Edge Properties by 33.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,677 shares of the real estate investment trust’s stock valued at $71,000 after buying an additional 922 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Analyst Ratings Changes

UE has been the subject of a number of research reports. UBS Group lifted their target price on shares of Urban Edge Properties from $22.00 to $24.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. BTIG Research reaffirmed a “buy” rating and issued a $25.00 price target on shares of Urban Edge Properties in a research note on Friday, June 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Urban Edge Properties in a report on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Urban Edge Properties presently has an average rating of “Hold” and a consensus price target of $23.20.

Urban Edge Properties Price Performance

NYSE UE opened at $21.59 on Friday. The stock has a 50-day simple moving average of $22.87 and a 200 day simple moving average of $21.58. Urban Edge Properties has a twelve month low of $18.46 and a twelve month high of $24.11. The stock has a market capitalization of $2.72 billion, a PE ratio of 39.99 and a beta of 0.98. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.08 and a current ratio of 2.08.

Urban Edge Properties (NYSE:UE) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. Urban Edge Properties had a return on equity of 4.92% and a net margin of 13.72%.The company had revenue of $122.78 million for the quarter, compared to the consensus estimate of $117.86 million. Urban Edge Properties has set its FY 2026 guidance at 1.500-1.540 EPS. Research analysts anticipate that Urban Edge Properties will post 1.52 EPS for the current year.

Urban Edge Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.84 dividend on an annualized basis and a yield of 3.9%. Urban Edge Properties’s payout ratio is 155.56%.

Insider Transactions at Urban Edge Properties

In related news, CEO Jeffrey S. Olson sold 19,034 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $21.62, for a total transaction of $411,515.08. Following the completion of the transaction, the chief executive officer directly owned 3,665 shares in the company, valued at $79,237.30. This represents a 83.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.70% of the company’s stock.

Urban Edge Properties Profile

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that specializes in owning, operating and developing grocery-anchored shopping centers. The company was formed in January 2017 as a spin-off from Regency Centers Corporation, establishing an independent platform focused on urban and densely populated markets. As a fully integrated REIT, Urban Edge oversees the acquisition, financing, leasing, redevelopment and management of its retail properties.

The company’s portfolio comprises predominantly open-air shopping centers anchored by national and regional supermarket operators.