Urban Edge Properties (NYSE:UE)‘s stock had its “equal weight” rating restated by analysts at Capital One Financial Corporation in a report issued on Wednesday.

A number of other analysts also recently weighed in on UE. Zacks Investment Research downgraded shares of Urban Edge Properties from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. Evercore ISI downgraded shares of Urban Edge Properties from an “in-line” rating to an “underperform” rating and set a $25.00 price objective for the company. in a research report on Monday, August 14th. Finally, BidaskClub raised shares of Urban Edge Properties from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th.

Urban Edge Properties (NYSE UE) traded up $0.29 during trading hours on Wednesday, reaching $24.04. 821,485 shares of the company’s stock were exchanged, compared to its average volume of 468,003. The firm has a market capitalization of $2,836.33, a price-to-earnings ratio of 18.74 and a beta of 0.55.

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Several hedge funds have recently made changes to their positions in UE. BlackRock Inc. grew its position in shares of Urban Edge Properties by 7,443.9% during the 1st quarter. BlackRock Inc. now owns 11,713,758 shares of the real estate investment trust’s stock worth $308,072,000 after buying an additional 11,558,483 shares during the period. Marshall Wace North America L.P. acquired a new stake in shares of Urban Edge Properties during the 2nd quarter worth approximately $32,732,000. Voya Investment Management LLC grew its position in shares of Urban Edge Properties by 73.7% during the 2nd quarter. Voya Investment Management LLC now owns 2,073,095 shares of the real estate investment trust’s stock worth $49,194,000 after buying an additional 879,435 shares during the period. Balyasny Asset Management LLC acquired a new stake in shares of Urban Edge Properties during the 2nd quarter worth approximately $13,890,000. Finally, Vanguard Group Inc. grew its position in shares of Urban Edge Properties by 3.0% during the 2nd quarter. Vanguard Group Inc. now owns 16,197,196 shares of the real estate investment trust’s stock worth $384,360,000 after buying an additional 465,517 shares during the period. 87.25% of the stock is owned by institutional investors.

Urban Edge Properties Company Profile

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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