Strs Ohio lowered its position in Urban Edge Properties (NYSE:UE) by 5.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 153,722 shares of the real estate investment trust’s stock after selling 8,265 shares during the period. Strs Ohio’s holdings in Urban Edge Properties were worth $3,647,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in UE. Zurcher Kantonalbank Zurich Cantonalbank boosted 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 boosted 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 boosted 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. boosted 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, ING Groep NV bought a new stake in Urban Edge Properties during the second quarter worth $286,000. 81.08% of the stock is currently owned by institutional investors.

Urban Edge Properties (UE) opened at 25.25 on Wednesday. Urban Edge Properties has a one year low of $23.13 and a one year high of $29.99. The stock has a 50 day moving average of $24.55 and a 200-day moving average of $25.88. The firm has a market capitalization of $2.72 billion, a PE ratio of 24.80 and a beta of 0.59.

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A number of analysts have weighed in on UE shares. Zacks Investment Research raised shares of Urban Edge Properties from a “sell” rating to a “buy” rating and set a $27.00 price objective on the stock 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.

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.

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Institutional Ownership by Quarter for Urban Edge Properties (NYSE:UE)

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