News headlines about Urstadt Biddle Properties (NYSE:UBA) have been trending somewhat negative recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Urstadt Biddle Properties earned a media sentiment score of -0.03 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.6333773041368 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Urstadt Biddle Could Become Another ‘Cinderella Story’ (seekingalpha.com)
- Urstadt Biddle Properties (UBA) PT Set at $20.00 by B. Riley (americanbankingnews.com)
- Research Analysts Offer Predictions for Urstadt Biddle Properties Inc’s FY2018 Earnings (UBA) (americanbankingnews.com)
- Q3 2018 EPS Estimates for Urstadt Biddle Properties Inc Lifted by B. Riley (UBA) (americanbankingnews.com)
Several equities analysts have weighed in on UBA shares. Zacks Investment Research cut Urstadt Biddle Properties from a “buy” rating to a “hold” rating in a research note on Wednesday, December 6th. TheStreet cut Urstadt Biddle Properties from a “b-” rating to a “c+” rating in a research note on Friday, February 9th. Finally, B. Riley set a $20.00 target price on Urstadt Biddle Properties and gave the company a “hold” rating in a research note on Wednesday, January 17th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Urstadt Biddle Properties currently has a consensus rating of “Hold” and a consensus price target of $21.75.
Urstadt Biddle Properties (NYSE:UBA) last announced its quarterly earnings results on Friday, March 9th. The real estate investment trust reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.20). The firm had revenue of $33.00 million during the quarter, compared to the consensus estimate of $32.40 million. Urstadt Biddle Properties had a net margin of 42.41% and a return on equity of 13.40%. analysts predict that Urstadt Biddle Properties will post 1.32 EPS for the current fiscal year.
In other news, Director Catherine U. Biddle purchased 109,542 shares of the stock in a transaction that occurred on Friday, December 22nd. The stock was acquired at an average price of $16.00 per share, with a total value of $1,752,672.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 20.39% of the company’s stock.
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About Urstadt Biddle Properties
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.
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