110,800 Shares in Urban Edge Properties $UE Bought by Denali Advisors LLC

Key Points

• Denali Advisors LLC acquired 110,800 shares of Urban Edge Properties during the second quarter, valued at approximately $2.54 million, while institutional investors and hedge funds collectively owned 94.94% of the REIT.
• Urban Edge reported quarterly EPS of $0.14, exceeding the $0.11 analyst consensus, and revenue of $122.78 million versus expectations of $117.86 million. Management issued fiscal 2026 EPS guidance of $1.50–$1.54.
• The company declared a quarterly dividend of $0.21, equivalent to $0.84 annually and a 3.9% yield. Analysts maintain a consensus “Hold” rating with an average price target of $23.20, compared with the stock’s reported price of $21.70.

Denali Advisors LLC acquired a new stake in Urban Edge Properties (NYSE:UE - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 110,800 shares of the real estate investment trust's stock, valued at approximately $2,535,000. Denali Advisors LLC owned approximately 0.09% of Urban Edge Properties at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in Urban Edge Properties during the 2nd quarter worth about $523,715,000. Deutsche Bank AG bought a new stake in shares of Urban Edge Properties in the second quarter valued at about $4,255,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Urban Edge Properties in the second quarter valued at about $2,486,000. Global Retirement Partners LLC acquired a new position in shares of Urban Edge Properties during the second quarter worth about $31,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Urban Edge Properties during the second quarter worth about $25,152,000. 94.94% of the stock is owned by institutional investors and hedge funds.

Urban Edge Properties Stock Performance

Shares of UE opened at $21.70 on Thursday. The company has a market cap of $2.74 billion, a PE ratio of 40.19 and a beta of 0.98. The firm has a 50-day moving average of $22.71 and a 200-day moving average of $21.75. Urban Edge Properties has a one year low of $18.46 and a one year high of $24.11. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.57 and a quick ratio of 1.57.

Urban Edge Properties (NYSE:UE - Get Free Report) last issued its earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.03. Urban Edge Properties had a net margin of 13.72% and a return on equity of 4.92%. The company had revenue of $122.78 million for the quarter, compared to analysts' expectations of $117.86 million. Urban Edge Properties has set its FY 2026 guidance at 1.500-1.540 EPS. As a group, equities analysts forecast that Urban Edge Properties will post 1.52 earnings per share for the current year.

Urban Edge Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.21 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $0.84 annualized dividend and a yield of 3.9%. Urban Edge Properties's dividend payout ratio is currently 155.56%.

Analysts Set New Price Targets

UE has been the topic of a number of recent research reports. Weiss Ratings lowered Urban Edge Properties from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. UBS Group upped their price target on Urban Edge Properties from $22.00 to $24.00 and gave the stock a "neutral" rating in a research report on Thursday, July 9th. Finally, BTIG Research reaffirmed a "buy" rating and set a $25.00 price target on shares of Urban Edge Properties in a research note on Friday, June 12th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $23.20.

Urban Edge Properties Company Profile

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that specializes in owning, operating and developing grocery-anchored shopping centers. The company was formed in January 2017 as a spin-off from Regency Centers Corporation, establishing an independent platform focused on urban and densely populated markets. As a fully integrated REIT, Urban Edge oversees the acquisition, financing, leasing, redevelopment and management of its retail properties.

The company's portfolio comprises predominantly open-air shopping centers anchored by national and regional supermarket operators.

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