Short Interest to Follow: Is Buying Urstadt Biddle Properties Class A (NYSE:UBA) Here Good Idea?

November 18, 2016 - By Marguerite Chambers   ·   0 Comments

Short Interest to Follow: Is Buying Urstadt Biddle Properties Class A (NYSE:UBA) Here Good Idea?

The stock of Urstadt Biddle Properties Class A (NYSE:UBA) registered an increase of 12.45% in short interest. UBA’s total short interest was 316,100 shares in November as published by FINRA. Its up 12.45% from 281,100 shares, reported previously. With 138,300 shares average volume, it will take short sellers 2 days to cover their UBA’s short positions. The short interest to Urstadt Biddle Properties Class A’s float is 1.25%. About 18,346 shares traded hands. Urstadt Biddle Properties Inc (NYSE:UBA) has risen 5.23% since April 18, 2016 and is uptrending. It has outperformed by 0.80% the S&P500.

Urstadt Biddle Properties Inc. is a real estate investment trust. The company has a market cap of $830.08 million. The Firm is engaged in the acquisition, ownership and management of commercial real estate. It has a 21.22 P/E ratio. The Company’s primary business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on properties in the metropolitan New York tri-state area outside of the City of New York.

Insitutional Activity: The institutional sentiment increased to 2.79 in Q2 2016. Its up 1.28, from 1.51 in 2016Q1. The ratio improved, as 7 funds sold all Urstadt Biddle Properties Inc shares owned while 38 reduced positions. 22 funds bought stakes while 46 increased positions. They now own 20.54 million shares or 0.62% more from 20.42 million shares in 2016Q1.
Ny State Teachers Retirement Systems has invested 0% of its portfolio in Urstadt Biddle Properties Inc (NYSE:UBA). Swiss Bancorp owns 42,836 shares or 0% of their US portfolio. The California-based Pacific Heights Asset Mgmt Ltd Liability has invested 1.13% in Urstadt Biddle Properties Inc (NYSE:UBA). Teachers Retirement Of The State Of Kentucky has 8,800 shares for 0% of their US portfolio. Blackrock accumulated 0% or 20,849 shares. Great West Life Assurance Communications Can accumulated 0% or 2,933 shares. Citigroup has invested 0% of its portfolio in Urstadt Biddle Properties Inc (NYSE:UBA). Ameriprise Financial Inc has 131,909 shares for 0% of their US portfolio. Voya Inv Management Ltd Liability has 0% invested in the company for 14,040 shares. California State Teachers Retirement Sys owns 54,812 shares or 0% of their US portfolio. Ny State Common Retirement Fund owns 26,800 shares or 0% of their US portfolio. Menta Capital Ltd Liability Company has invested 0.1% of its portfolio in Urstadt Biddle Properties Inc (NYSE:UBA). Metropolitan Life Com New York last reported 0% of its portfolio in the stock. Springbok Capital Mngmt Limited Liability Company has invested 0.01% of its portfolio in Urstadt Biddle Properties Inc (NYSE:UBA). The Japan-based Shinko Asset Mgmt Ltd has invested 0% in Urstadt Biddle Properties Inc (NYSE:UBA).

Insider Transactions: Since June 10, 2016, the stock had 9 insider purchases, and 2 selling transactions for $241,695 net activity. $66,450 worth of Urstadt Biddle Properties Inc (NYSE:UBA) shares were sold by Hayes John T. Another trade for 5,000 shares valued at $114,855 was sold by Myers Thomas D. On Monday, October 31 BIDDLE WILLING L bought $34,362 worth of the stock or 2,000 shares. Biddle Catherine U bought $82,737 worth of stock. $66,450 worth of Urstadt Biddle Properties Inc (NYSE:UBA) shares were bought by URSTADT CHARLES J.

UBA Company Profile

Urstadt Biddle Properties Inc., incorporated on December 30, 1996, is a real estate investment trust. The Firm is engaged in the acquisition, ownership and management of commercial real estate. The Company’s primary business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on properties in the metropolitan New York tri-state area outside of the City of New York. The Company’s properties consist principally of neighborhood and community shopping centers and seven office buildings. The Firm seeks to identify desirable properties for acquisition, which it acquires in the normal course of business. The Firm owns or has equity interests in approximately 70 properties consisting of neighborhood and community shopping centers, office buildings, single tenant retail or restaurant properties and office/retail mixed use properties located in over four states throughout the United States, containing a total of approximately 4.9 million square feet of gross leasable area (GLA).

More notable recent Urstadt Biddle Properties Inc (NYSE:UBA) news were published by: Finance.Yahoo.com which released: “Urstadt Biddle Properties Inc. Acquires 970 High Ridge Road Shopping Center in …” on October 24, 2016, also Businesswire.com with their article: “Urstadt Biddle Properties Inc. Acquires the Newfield Green Shopping Center in …” published on July 20, 2016, Businesswire.com published: “Urstadt Biddle Properties Inc. Announces Acquisition of The Harrison Shopping …” on August 05, 2015. More interesting news about Urstadt Biddle Properties Inc (NYSE:UBA) were released by: Nasdaq.com and their article: “Urstadt Biddle Properties Inc. (UBA) Ex-Dividend Date Scheduled for October 05 …” published on October 04, 2016 as well as Businesswire.com‘s news article titled: “Urstadt Biddle Properties Inc. Announces the Sale of Townline Square Shopping …” with publication date: August 26, 2015.

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By Marguerite Chambers


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