State of Wyoming Sells 3,568 Shares of Urban Edge Properties (NYSE:UE)

22 May 2025, 05:54 by Scott Moore · The Cerbat Gem

State of Wyoming decreased its stake in shares of Urban Edge Properties (NYSE:UE – Free Report) by 19.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,740 shares of the real estate investment trust’s stock after selling 3,568 shares during the period. State of Wyoming’s holdings in Urban Edge Properties were worth $317,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of UE. Barclays PLC boosted its stake in shares of Urban Edge Properties by 346.2% during the 3rd quarter. Barclays PLC now owns 221,007 shares of the real estate investment trust’s stock valued at $4,727,000 after purchasing an additional 171,478 shares in the last quarter. Blue Trust Inc. boosted its stake in Urban Edge Properties by 22.8% during the fourth quarter. Blue Trust Inc. now owns 9,760 shares of the real estate investment trust’s stock worth $209,000 after acquiring an additional 1,813 shares in the last quarter. KBC Group NV boosted its stake in Urban Edge Properties by 42.1% during the fourth quarter. KBC Group NV now owns 5,141 shares of the real estate investment trust’s stock worth $111,000 after acquiring an additional 1,524 shares in the last quarter. Custom Index Systems LLC bought a new stake in Urban Edge Properties during the fourth quarter worth about $213,000. Finally, Jennison Associates LLC boosted its stake in Urban Edge Properties by 6.9% during the fourth quarter. Jennison Associates LLC now owns 3,169,598 shares of the real estate investment trust’s stock worth $68,146,000 after acquiring an additional 203,569 shares in the last quarter. Institutional investors own 94.94% of the company’s stock.

Urban Edge Properties Trading Down 3.1%

NYSE:UE opened at $17.72 on Thursday. Urban Edge Properties has a one year low of $15.66 and a one year high of $23.85. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.92 and a quick ratio of 1.92. The company’s 50-day simple moving average is $18.27 and its 200 day simple moving average is $20.25. The firm has a market capitalization of $2.23 billion, a P/E ratio of 30.03 and a beta of 1.16.

Urban Edge Properties (NYSE:UE – Get Free Report) last issued its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.01. The firm had revenue of $118.17 million for the quarter, compared to the consensus estimate of $119.05 million. Urban Edge Properties had a net margin of 16.31% and a return on equity of 5.59%. As a group, analysts forecast that Urban Edge Properties will post 1.4 EPS for the current fiscal year.

Urban Edge Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $0.19 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.76 annualized dividend and a dividend yield of 4.29%. Urban Edge Properties’s dividend payout ratio is presently 118.75%.

Insider Transactions at Urban Edge Properties

In other news, General Counsel Robert C. Milton sold 26,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $18.78, for a total transaction of $488,280.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.40% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Urban Edge Properties from a “hold” rating to a “sell” rating in a research note on Monday, May 5th.

View Our Latest Stock Analysis on Urban Edge Properties

Urban Edge Properties Profile

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