543,495 Shares in Urban Edge Properties $UE Purchased by Bayhunt Capital LLC

Key Points

• Bayhunt Capital LLC purchased 543,495 shares of Urban Edge Properties (≈$10.43M) in Q4, making the position about 5.8% of Bayhunt’s portfolio and leaving Bayhunt with a 0.43% ownership stake (its 8th largest holding).
• Urban Edge reported Q4 EPS of $0.10 (missed $0.36 est.) but revenue beat at $119.6M, set FY2026 EPS guidance of 1.470–1.520, and raised its quarterly dividend to $0.21 (annualized $0.84, ~4.0% yield; payout ratio 112%).
• Institutional ownership is very high at 94.94%, with several large funds (Wellington, Hudson Bay, American Century, Alyeska, Jane Street) initiating or increasing stakes, while analysts' consensus is a “Hold” with a $22 price target (two Buys, four Holds).

Bayhunt Capital LLC purchased a new position in Urban Edge Properties (NYSE:UE - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 543,495 shares of the real estate investment trust's stock, valued at approximately $10,430,000. Urban Edge Properties makes up about 5.8% of Bayhunt Capital LLC's investment portfolio, making the stock its 8th largest holding. Bayhunt Capital LLC owned 0.43% of Urban Edge Properties at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of UE. Wellington Management Group LLP acquired a new position in Urban Edge Properties in the third quarter worth about $92,600,000. Hudson Bay Capital Management LP grew its stake in Urban Edge Properties by 47.2% in the second quarter. Hudson Bay Capital Management LP now owns 1,949,069 shares of the real estate investment trust's stock worth $36,370,000 after purchasing an additional 624,645 shares in the last quarter. American Century Companies Inc. grew its stake in Urban Edge Properties by 44.4% in the third quarter. American Century Companies Inc. now owns 1,320,089 shares of the real estate investment trust's stock worth $27,022,000 after purchasing an additional 405,723 shares in the last quarter. Alyeska Investment Group L.P. grew its stake in Urban Edge Properties by 30.1% in the third quarter. Alyeska Investment Group L.P. now owns 1,746,238 shares of the real estate investment trust's stock worth $35,745,000 after purchasing an additional 403,813 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Urban Edge Properties in the first quarter worth about $5,076,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on UE. Morgan Stanley lifted their price target on Urban Edge Properties from $21.00 to $22.00 and gave the stock an "equal weight" rating in a research note on Monday, January 5th. Weiss Ratings upgraded Urban Edge Properties from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, February 26th. Finally, UBS Group decreased their price target on Urban Edge Properties from $21.00 to $20.00 and set a "neutral" rating for the company in a research note on Thursday, January 8th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $22.00.

Urban Edge Properties Stock Performance

Shares of UE stock opened at $20.96 on Friday. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 1.17. The business has a 50 day moving average of $20.61 and a two-hundred day moving average of $19.80. Urban Edge Properties has a 52 week low of $16.50 and a 52 week high of $21.87. The company has a market cap of $2.64 billion, a P/E ratio of 27.95 and a beta of 1.02.

Urban Edge Properties (NYSE:UE - Get Free Report) last issued its earnings results on Wednesday, February 11th. The real estate investment trust reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.36 by ($0.26). Urban Edge Properties had a net margin of 19.82% and a return on equity of 6.79%. The company had revenue of $119.56 million during the quarter, compared to analyst estimates of $103.64 million. Urban Edge Properties has set its FY 2026 guidance at 1.470-1.520 EPS. As a group, analysts anticipate that Urban Edge Properties will post 1.4 EPS for the current year.

Urban Edge Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from Urban Edge Properties's previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Friday, March 13th. Urban Edge Properties's dividend payout ratio is presently 112.00%.

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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