Susquehanna International Group LLP Sells 32,643 Shares of Urban Edge Properties $UE

Susquehanna International Group LLP trimmed its holdings in Urban Edge Properties (NYSE:UE) by 60.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,966 shares of the real estate investment trust’s stock after selling 32,643 shares during the quarter. Susquehanna International Group LLP’s holdings in Urban Edge Properties were worth $480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC grew its stake in Urban Edge Properties by 6.9% during the second quarter. GAMMA Investing LLC now owns 7,251 shares of the real estate investment trust’s stock worth $166,000 after purchasing an additional 471 shares during the period. Amundi boosted its holdings in shares of Urban Edge Properties by 0.6% during the 4th quarter. Amundi now owns 86,306 shares of the real estate investment trust’s stock worth $1,656,000 after buying an additional 535 shares in the last quarter. ProShare Advisors LLC grew its position in shares of Urban Edge Properties by 3.2% during the 4th quarter. ProShare Advisors LLC now owns 24,728 shares of the real estate investment trust’s stock worth $475,000 after buying an additional 776 shares during the period. Handelsbanken Fonder AB grew its position in shares of Urban Edge Properties by 1.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 44,590 shares of the real estate investment trust’s stock worth $1,020,000 after buying an additional 800 shares during the period. Finally, California State Teachers Retirement System increased its stake in shares of 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 acquiring an additional 816 shares in the last quarter. Institutional investors own 94.94% of the company’s stock.

Urban Edge Properties Stock Performance

Shares of UE opened at $21.15 on Tuesday. The firm has a market cap of $2.67 billion, a PE ratio of 39.17 and a beta of 0.98. Urban Edge Properties has a 1 year low of $18.46 and a 1 year high of $24.11. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.57 and a quick ratio of 1.57. The stock’s fifty day moving average price is $22.48 and its two-hundred day moving average price is $21.81.

Urban Edge Properties (NYSE:UE) last issued its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $122.78 million for the quarter, compared to analysts’ expectations of $117.86 million. Urban Edge Properties has set its FY 2026 guidance at 1.500-1.540 EPS. On average, equities research analysts forecast that Urban Edge Properties will post 1.52 EPS for the current year.

Urban Edge Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Tuesday, September 15th. Urban Edge Properties’s dividend payout ratio (DPR) is 155.56%.

Analysts Set New Price Targets

A number of research firms have commented on UE. BTIG Research restated a “buy” rating and issued a $25.00 price target on shares of Urban Edge Properties in a report on Friday, June 12th. UBS Group increased their price objective on shares of Urban Edge Properties from $22.00 to $24.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Weiss Ratings lowered Urban Edge Properties from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Urban Edge Properties currently has a consensus rating of “Hold” and a consensus price target of $23.20.

About Urban Edge Properties

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.