Urstadt Biddle’s 3Q15 Performance Compared to Its Peers
Urstadt Biddle Performs Well in 3Q15: A US Equity Market Update
Urstadt Biddle and its competitors
Urstadt Biddle Properties (UBP) had a PE (price-to-earnings) ratio of 15.05x in 3Q15. That’s low compared to Vornado Realty Trust (VNO) at 43.60x, Acadia Realty Trust (AKR) at 23.12x, and Boston Properties (BXP) at 30.52x in the same quarter.
On the margin side, Urstadt Biddle’s gross profit margin was 35.40%, which is on the low side compared to Vornado Realty Trust (VNO) at 60.62%, Acadia Realty Trust (AKR) at 76.27%, Apartment Investment & Management Company (AIV) at 64.08%, and Boston Properties (BXP) at 63.94% in 3Q15.
Urstadt Biddle’s competitors are ahead based on PE and margin ratio.
ETFs that invest in Urstadt Biddle
The Huntington US Equity Rotation Strategy ETF (HUSE) invests 0.14% of its holdings in Urstadt Biddle (UBP). HUSE is an actively managed fund that underweights and overweights the ten sectors of the S&P 1500 Composite Index based on the views of its portfolio managers.
The Vanguard S&P Small-Cap 600 Growth ETF (VIOG) invests 0.10% of its holdings in Urstadt Biddle. VIOG aims to track an index of primarily small-cap US stocks. The index uses three factors to select growth stocks from the 600 stocks chosen by the S&P Committee.
The Vanguard S&P Small-Cap 600 ETF (VIOO) invests 0.09% of its holdings in Urstadt Biddle. VIOO tracks a market cap weighted index of primarily small-cap US stocks. The S&P Committee selects 600 stocks that represent about 3% of the publicly available market.
Urstadt Biddle’s performance compared to its ETFs
The year-to-date price movement of Urstadt Biddle Properties is 43.37%, which is too high compared to the Huntington US Equity Rotation Strategy ETF (HUSE) at -3.92%, the Vanguard S&P Small-Cap 600 Growth ETF (VIOG) at 1.09%, and the Vanguard S&P Small-Cap 600 ETF (VIOO) at -3.31%.
The PE ratios of HUSE, VIOG, and VIOO are 21.77x, 28.07x, and 34.70x, respectively. The PE ratios of these ETFs are almost double Urstadt Biddle’s ratio of 15.05x.
Based on these ratios and price movements, Urstadt Biddle Properties (UBP) appears to be far ahead of its ETFs.
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