Urban Edge Properties (NYSE:UE) – Investment analysts at Capital One Financial Corporation increased their Q1 2018 earnings per share (EPS) estimates for shares of Urban Edge Properties in a report issued on Wednesday. Capital One Financial Corporation analyst C. Lucas now expects that the real estate investment trust will post earnings per share of $0.35 for the quarter, up from their previous forecast of $0.34.

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Other equities research analysts have also issued reports about the stock. Zacks Investment Research raised shares of Urban Edge Properties from a “sell” rating to a “buy” rating and set a $27.00 price target for the company in a report on Wednesday, June 14th. BidaskClub raised shares of Urban Edge Properties from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th.

Shares of Urban Edge Properties (NYSE:UE) traded down 0.16% during trading on Monday, hitting $25.44. 80,756 shares of the company were exchanged. The company’s 50-day moving average price is $24.53 and its 200 day moving average price is $25.90. Urban Edge Properties has a 12 month low of $23.13 and a 12 month high of $29.99. The stock has a market cap of $2.74 billion, a P/E ratio of 24.99 and a beta of 0.59.

A number of large investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Urban Edge Properties by 5.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,359 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 290 shares during the last quarter. UBS Group AG raised its stake in Urban Edge Properties by 18.9% in the first quarter. UBS Group AG now owns 6,315 shares of the real estate investment trust’s stock worth $166,000 after buying an additional 1,004 shares during the last quarter. LS Investment Advisors LLC raised its stake in Urban Edge Properties by 26.3% in the second quarter. LS Investment Advisors LLC now owns 7,900 shares of the real estate investment trust’s stock worth $187,000 after buying an additional 1,647 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Urban Edge Properties by 35.6% in the first quarter. Daiwa Securities Group Inc. now owns 7,243 shares of the real estate investment trust’s stock worth $190,000 after buying an additional 1,900 shares during the last quarter. Finally, GAM Holding AG raised its stake in Urban Edge Properties by 10.5% in the second quarter. GAM Holding AG now owns 8,399 shares of the real estate investment trust’s stock worth $199,000 after buying an additional 800 shares during the last quarter. 81.08% of the stock is owned by institutional investors and hedge funds.

About Urban Edge Properties

Urban Edge Properties is a real estate investment trust. The Company is focused on managing, developing, redeveloping and acquiring retail real estate in urban communities, in the New York metropolitan region. Urban Edge Properties LP (UELP or the Operating Partnership) serves as its partnership subsidiary and owns, through affiliates, all of its real estate properties and other assets.

Earnings History and Estimates for Urban Edge Properties (NYSE:UE)

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