The President & CEO of Urstadt Biddle Properties (NYSE: UBA) is Buying Shares

By Carrie Williams

Yesterday, the President & CEO of Urstadt Biddle Properties (UBAResearch Report), Willing Biddle, bought shares of UBA for $666K.

Following this transaction Willing Biddle’s holding in the company was increased by 8.94% to a total of $65.33 million. Following Willing Biddle’s last UBA Buy transaction on December 26, 2017, the stock climbed by 4.4%.

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Based on Urstadt Biddle Properties’ latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $34.29 million and quarterly net profit of $9.17 million. In comparison, last year the company earned revenue of $32.66 million and had a net profit of $8.18 million. Currently, Urstadt Biddle Properties has an average volume of 94.86K. The company has a one-year high of $24.84 and a one-year low of $18.50.

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Urstadt Biddle Properties, Inc. operates as a real estate investment trust, which engages in the acquisition, ownership and management of commercial properties. It operates through the Ridgeway and All Other Operating segments. Its portfolio includes neighborhood and community shopping centers in counties.