Urban Edge Properties (UE) : Sarasin Partners Llp has sold out all of its stake in Urban Edge Properties during the most recent quarter, according to the disclosure filed by the company on Oct 14, 2016 with the SEC. The investment management company has sold out 20,762 shares of Urban Edge Properties which is valued at $551,023.
Other Hedge Funds, Including , Grassi Investment Management sold out all of its stake in UE during the most recent quarter. The investment firm sold 8,000 shares of UE which is valued $208,400.Oregon Public Employees Retirement Fund boosted its stake in UE in the latest quarter, The investment management firm added 837 additional shares and now holds a total of 31,581 shares of Urban Edge Properties which is valued at $832,159. Urban Edge Properties makes up approx 0.02% of Oregon Public Employees Retirement Fund’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in UE by selling 26,674 shares or 61.07% in the most recent quarter. The Hedge Fund company now holds 17,004 shares of UE which is valued at $443,464.
Many Wall Street Analysts have commented on Urban Edge Properties. Urban Edge Properties was Downgraded by Credit Suisse to ” Neutral” on Aug 4, 2016.
Urban Edge Properties is a real estate investment trust that owns operates and develops retail properties. The Company is focused on managing acquiring developing and redeveloping retail real estate in urban communities primarily in the New York metropolitan region. Its portfolio consists of approximately 83 shopping centers over three malls and a warehouse park totaling approximately 14.8 million square feet. Its properties include shopping centers shopping malls and specialty leasing. Its shopping centers include Amherst New York; BrickTown New Jersey; Broomall Pennsylvania; Charleston South Carolina; San Antonio Texas and Wayne Towne Center New Jersey. The Outlets at Bergen Town Center in Paramus New Jersey; Oakdale Mall in Johnson City New York; Las Catalinas Mall in Caguas Puerto Rico; Outlets at Montehiedra in San Juan Puerto Rico and Springfield Town Center in Springfield Virginia.