Who are the Institutional Holders in Urban Edge Properties (UE)?

Urban Edge Properties (NYSE: UE) is -3.99% lower on its value in year-to-date trading and has touched a low of $13.12 and a high of $18.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UE stock was last observed hovering at around $17.30 in the last trading session, with the day’s gains setting it 0.27%.

Currently trading at $17.57, the stock is 0.26% and -0.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.75 million and changing 1.56% at the moment leaves the stock 9.24% off its SMA200. UE registered 9.27% gain for a year compared to 6-month gain of 1.97%. The firm has a 50-day simple moving average (SMA 50) of $9.25 and a 200-day simple moving average (SMA200) of $16.37.

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The stock witnessed a -2.55% loss in the last 1 month and extending the period to 3 months gives it a 7.86%, and is 0.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.18% over the week and 1.94% over the month.

Urban Edge Properties (UE) has around 115 employees, a market worth around $2.07B and $401.93M in sales. Current P/E ratio is 50.55 and Fwd P/E is 40.55. Profit margin for the company is 10.18%. Distance from 52-week low is 33.87% and -6.49% from its 52-week high. The company has generated returns on investments over the last 12 months (2.37%).

Urban Edge Properties quarterly earnings per share for the current quarter are estimated at $0.12 with sales reaching $76.34M over the same period.The EPS is expected to shrink by -3.42% this year, but quarterly earnings will post -13.40% year-over-year. Quarterly sales are estimated to shrink -24.70% in year-over-year returns.

316 institutions hold shares in Urban Edge Properties (UE), with institutional investors hold 100.98% of the company’s shares. The shares outstanding are 117.45M, and float is at 113.75M with Short Float at 4.06%. Institutions hold 97.64% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 21.26 million shares valued at $327.97 million. The investor’s holdings represent 18.07% of the UE Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 18.5 million shares valued at $285.41 million to account for 15.72% of the shares outstanding. The other top investors are FMR, LLC which holds 12.91 million shares representing 10.97% and valued at over $199.14 million, while State Street Corporation holds 6.14% of the shares totaling 7.22 million with a market value of $111.45 million.

Urban Edge Properties (UE) Insider Activity

A total of 0 insider transactions have happened at Urban Edge Properties (UE) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Milton Robert C. III, the company’s General Counsel and Secretary. SEC filings show that Milton Robert C. III sold 20,000 shares of the company’s common stock on Feb 17 at a price of $15.83 per share for a total of $0.32 million. Following the sale, the insider now owns 0.0 shares.

Urban Edge Properties (UE): Who are the competitors?

One of the company’s main competitors (and peers) include Realty Income Corp. (O) that is trading -20.48% down over the past 12 months.Easterly Government Properties Inc. (DEA) lies in the list of competitors of the Urban Edge Properties and is -26.44% lower over the same period from UE