Urstadt Biddle Properties Inc (UBA) Files Form 4 Insider Selling : Stephan A Rapaglia Sells 1,500 Shares

Urstadt Biddle Properties Inc (UBA): Stephan A Rapaglia , SVP and COO of Urstadt Biddle Properties Inc sold 1,500 shares on Jun 21, 2016. The Insider selling transaction was reported by the company on Jun 23, 2016 to the Securities and Exchange Commission. The shares were sold at $23.52 per share for a total value of $35,285.55 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 13, 2016, Thomas D Myers (EVP, Counsel & Secretary) sold 5,000 shares at $22.97 per share price.On Apr 18, 2016, Charles J Urstadt (Chairman) purchased 5,000 shares at $21.00 per share price.Also, On Apr 8, 2016, Stephan A Rapaglia (SVP and COO) sold 3,000 shares at $20.50 per share price.On Jan 29, 2016, John T Hayes (Senior VP and CFO) sold 3,000 shares at $19.00 per share price.

Shares of Urstadt Biddle Properties Inc (UBA) ended Tuesday, Jun 21, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.04% at $23.41 with 1,20,600 shares getting traded. Post opening the session at $23.44, the shares hit an intraday low of $23.37 and an intraday high of $23.68 and the price vacillated in this range throughout the day. The company has a market cap of $842 M and the number of outstanding shares has been calculated to be 3,59,72,535 shares. The 52-week high of Urstadt Biddle Properties Inc is $23.68 and the 52-week low is $17.33.

Urstadt Biddle Properties Inc Money Flow Index Chart

On Jun 7, 2016, Urstadt Biddle Properties Inc announced a cash dividend of $0.2600. The company’s management has announced Jun 29, 2016 as the ex-dividend date and fixed the record date on Jul 1, 2016. The payable date has been fixed on Jul 15, 2016.

Urstadt Biddle Properties Inc. is a self-administered real estate investment trust engaged in the acquisition ownership and management of commercial real estate. The Company’s sole business is the ownership of real estate investments which consist principally of investments in income-producing properties with primary emphasis on properties in the northeastern part of the United States with a concentration in the metropolitan New York tri-state area outside of the City of New York. As of October 31 2014 the Company owned or had equity interests in 70 properties consisting of neighborhood and community shopping centers office buildings single tenant retail or restaurant properties and office/retail mixed use properties located in four states throughout the United States containing a total of 4.8 million square feet of gross leasable area (GLA). Its 70 properties consists of 62 retail properties seven office buildings and one mixed use office/retail property.

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