Rep. Lisa C. McClain Purchases Shares of Urban Edge Properties (NYSE:UE)

Key Points

• Representative Lisa C. McClain acquired shares of Urban Edge Properties (NYSE:UE) valued between $1,001 and $15,000 on June 17th.
• Urban Edge Properties recently announced a quarterly dividend of $0.19, with a payout date of September 30th, reflecting a 3.8% annualized dividend yield.
• Analysts have given Urban Edge Properties a consensus rating of "Moderate Buy" with a target price of $22.50, following recent coverage and upgrades.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Urban Edge Properties NYSE: UE. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Urban Edge Properties stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Urban Edge Properties Stock Down 2.0%

UE traded down $0.41 during mid-day trading on Tuesday, reaching $20.25. 1,695,202 shares of the stock were exchanged, compared to its average volume of 1,371,495. The company has a debt-to-equity ratio of 1.09, a quick ratio of 2.39 and a current ratio of 2.39. The stock has a market capitalization of $2.55 billion, a PE ratio of 24.11 and a beta of 1.24. The company has a 50 day moving average price of $19.35 and a two-hundred day moving average price of $18.98. Urban Edge Properties has a 1 year low of $15.66 and a 1 year high of $23.85.

Urban Edge Properties (NYSE:UE - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.02. The firm had revenue of $113.91 million for the quarter, compared to the consensus estimate of $115.99 million. Urban Edge Properties had a net margin of 22.86% and a return on equity of 7.74%. Urban Edge Properties has set its FY 2025 guidance at 1.400-1.440 EPS. As a group, research analysts anticipate that Urban Edge Properties will post 1.4 EPS for the current year.

Urban Edge Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Monday, September 15th. Urban Edge Properties's payout ratio is currently 90.48%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on UE. BTIG Research began coverage on shares of Urban Edge Properties in a report on Monday, August 11th. They set a "buy" rating and a $23.00 price objective on the stock. Wall Street Zen raised shares of Urban Edge Properties from a "sell" rating to a "hold" rating in a report on Saturday, August 2nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $22.50.

Hedge Funds Weigh In On Urban Edge Properties

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Arizona State Retirement System lifted its holdings in Urban Edge Properties by 1.7% during the first quarter. Arizona State Retirement System now owns 35,818 shares of the real estate investment trust's stock valued at $681,000 after purchasing an additional 605 shares during the last quarter. Contravisory Investment Management Inc. lifted its holdings in Urban Edge Properties by 6.6% during the first quarter. Contravisory Investment Management Inc. now owns 12,175 shares of the real estate investment trust's stock valued at $231,000 after purchasing an additional 758 shares during the last quarter. Summit Investment Advisors Inc. lifted its holdings in Urban Edge Properties by 6.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 13,176 shares of the real estate investment trust's stock valued at $283,000 after purchasing an additional 778 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in Urban Edge Properties by 5.7% during the second quarter. Quadrant Capital Group LLC now owns 14,744 shares of the real estate investment trust's stock valued at $275,000 after purchasing an additional 792 shares during the last quarter. Finally, California State Teachers Retirement System lifted its holdings in Urban Edge Properties by 0.7% during the second quarter. California State Teachers Retirement System now owns 112,542 shares of the real estate investment trust's stock valued at $2,100,000 after purchasing an additional 816 shares during the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Urban Edge Properties Company Profile

Urban Edge Properties is a NYSE listed real estate investment trust focused on owning, managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the Washington, DC to Boston corridor. Urban Edge owns 76 properties totaling 17.1 million square feet of gross leasable area.