Urstadt Biddle Properties (UBA) Given Coverage Optimism Rating of 0.03

Press coverage about Urstadt Biddle Properties (NYSE:UBA) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of 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 assigned news coverage about the real estate investment trust an impact score of 47.2771274938887 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:

Shares of Urstadt Biddle Properties (UBA) opened at $21.39 on Thursday. The company has a current ratio of 7.58, a quick ratio of 7.58 and a debt-to-equity ratio of 0.76. Urstadt Biddle Properties has a 1 year low of $18.32 and a 1 year high of $24.52. The firm has a market capitalization of $799.50, a price-to-earnings ratio of 24.31, a P/E/G ratio of 2.05 and a beta of 0.53.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Investors of record on Friday, January 5th will be given a dividend of $0.27 per share. This is an increase from Urstadt Biddle Properties’s previous quarterly dividend of $0.27. This represents a $1.08 annualized dividend and a dividend yield of 5.05%. The ex-dividend date is Thursday, January 4th. Urstadt Biddle Properties’s dividend payout ratio is currently 120.45%.

Several analysts recently weighed in on UBA shares. Zacks Investment Research upgraded Urstadt Biddle Properties from a “sell” rating to a “hold” rating and set a $23.00 price objective for the company in a research report on Thursday, September 7th. Deutsche Bank restated a “hold” rating and set a $23.00 price objective (up from $22.00) on shares of Urstadt Biddle Properties in a research report on Wednesday, September 20th. FBR & Co restated a “hold” rating and set a $20.00 price objective on shares of Urstadt Biddle Properties in a research report on Thursday, September 21st. Finally, B. Riley restated a “neutral” rating on shares of Urstadt Biddle Properties in a research report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. Urstadt Biddle Properties currently has an average rating of “Hold” and an average target price of $22.33.

In other news, Director Catherine U. Biddle bought 109,542 shares of the stock in a transaction 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP John T. Hayes sold 4,900 shares of the company’s stock in a transaction dated Thursday, October 5th. The stock was sold at an average price of $22.20, for a total value of $108,780.00. The disclosure for this sale can be found here. 20.06% of the stock is owned by corporate insiders.

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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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