U.S. markets open in 7 hours 51 minutes
  • S&P Futures

    4,128.75
    +21.75 (+0.53%)
     
  • Dow Futures

    34,097.00
    +159.00 (+0.47%)
     
  • Nasdaq Futures

    13,186.75
    +86.50 (+0.66%)
     
  • Russell 2000 Futures

    2,182.60
    +14.00 (+0.65%)
     
  • Crude Oil

    63.81
    -0.01 (-0.02%)
     
  • Gold

    1,823.20
    -0.80 (-0.04%)
     
  • Silver

    27.03
    -0.01 (-0.05%)
     
  • EUR/USD

    1.2093
    +0.0009 (+0.07%)
     
  • 10-Yr Bond

    1.6680
    0.0000 (0.00%)
     
  • Vix

    23.13
    -4.46 (-16.17%)
     
  • GBP/USD

    1.4050
    -0.0001 (-0.01%)
     
  • USD/JPY

    109.5110
    +0.0770 (+0.07%)
     
  • BTC-USD

    49,229.50
    -1,791.32 (-3.51%)
     
  • CMC Crypto 200

    1,356.70
    -31.20 (-2.25%)
     
  • FTSE 100

    6,963.33
    -41.30 (-0.59%)
     
  • Nikkei 225

    28,104.19
    +656.18 (+2.39%)
     

What Kind Of Investors Own Most Of Urstadt Biddle Properties Inc. (NYSE:UBA)?

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Simply Wall St
·5 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

If you want to know who really controls Urstadt Biddle Properties Inc. (NYSE:UBA), then you'll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.

With a market capitalization of US$612m, Urstadt Biddle Properties is a small cap stock, so it might not be well known by many institutional investors. Taking a look at our data on the ownership groups (below), it seems that institutions are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about Urstadt Biddle Properties.

View our latest analysis for Urstadt Biddle Properties

ownership-breakdown
ownership-breakdown

What Does The Institutional Ownership Tell Us About Urstadt Biddle Properties?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

We can see that Urstadt Biddle Properties does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Urstadt Biddle Properties' historic earnings and revenue below, but keep in mind there's always more to the story.

earnings-and-revenue-growth
earnings-and-revenue-growth

Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. We note that hedge funds don't have a meaningful investment in Urstadt Biddle Properties. The company's largest shareholder is BlackRock, Inc., with ownership of 12%. In comparison, the second and third largest shareholders hold about 10% and 7.7% of the stock. Additionally, the company's CEO Willing Biddle directly holds 4.8% of the total shares outstanding.

A closer look at our ownership figures suggests that the top 11 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There is some analyst coverage of the stock, but it could still become more well known, with time.

Insider Ownership Of Urstadt Biddle Properties

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Shareholders would probably be interested to learn that insiders own shares in Urstadt Biddle Properties Inc.. As individuals, the insiders collectively own US$41m worth of the US$612m company. It is good to see some investment by insiders, but it might be worth checking if those insiders have been buying.

General Public Ownership

The general public, with a 22% stake in the company, will not easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Private Company Ownership

Our data indicates that Private Companies hold 12%, of the company's shares. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Urstadt Biddle Properties better, we need to consider many other factors. Case in point: We've spotted 3 warning signs for Urstadt Biddle Properties you should be aware of, and 1 of them makes us a bit uncomfortable.

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.