Lexington Realty Trust (LXP) Reaches $8.23 After 5.00% Up Move; Urstadt Biddle Properties Class A (UBA) Shorts Increased By 20.35%

February 15, 2018 - By Dolores Ford

The stock of Lexington Realty Trust (NYSE:LXP) is a huge mover today! The stock increased 0.80% or $0.07 during the last trading session, reaching $8.23. About 187,675 shares traded. Lexington Realty Trust (NYSE:LXP) has risen 5.44% since February 15, 2017 and is uptrending. It has underperformed by 11.26% the S&P500.The move comes after 8 months positive chart setup for the $2.01B company. It was reported on Feb, 15 by Barchart.com. We have $8.64 PT which if reached, will make NYSE:LXP worth $100.45 million more.

Urstadt Biddle Properties Class A (NYSE:UBA) had an increase of 20.35% in short interest. UBA’s SI was 443,600 shares in February as released by FINRA. Its up 20.35% from 368,600 shares previously. With 77,700 avg volume, 6 days are for Urstadt Biddle Properties Class A (NYSE:UBA)’s short sellers to cover UBA’s short positions. The SI to Urstadt Biddle Properties Class A’s float is 1.42%. The stock increased 0.45% or $0.08 during the last trading session, reaching $17.67. About 25,388 shares traded. Urstadt Biddle Properties Inc. (NYSE:UBA) has declined 9.30% since February 15, 2017 and is downtrending. It has underperformed by 26.00% the S&P500.

Urstadt Biddle Properties Inc. is a real estate investment trust. The company has market cap of $663.98 million. The firm invests in the real estate markets of the United States. It has a 20.08 P/E ratio. It engages in the ownership, operation, and redevelopment of high quality retail shopping centers predominantly located in the suburban, high demographic, high barrier to entry communities surrounding New York City.

Among 2 analysts covering Urstadt Biddle Properties Inc. (NYSE:UBA), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Urstadt Biddle Properties Inc. had 5 analyst reports since March 24, 2016 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Thursday, June 16 with “Buy”. The firm has “Buy” rating by Deutsche Bank given on Thursday, March 24. The stock of Urstadt Biddle Properties Inc. (NYSE:UBA) has “Hold” rating given on Monday, July 18 by Deutsche Bank.

Since September 20, 2017, it had 0 insider buys, and 2 insider sales for $141,344 activity. 1,500 shares were sold by Rapaglia Stephan A, worth $32,551. $108,793 worth of stock was sold by Hayes John T on Thursday, October 5.

Investors sentiment increased to 1.29 in Q3 2017. Its up 0.10, from 1.19 in 2017Q2. It increased, as 9 investors sold Urstadt Biddle Properties Inc. shares while 42 reduced holdings. 18 funds opened positions while 48 raised stakes. 23.40 million shares or 1.73% more from 23.01 million shares in 2017Q2 were reported. Naples Glob Advsr Lc, a Florida-based fund reported 11,175 shares. First Quadrant Ltd Partnership Ca reported 15,315 shares. Ubs Asset Management Americas owns 62,292 shares. The New York-based Neuberger Berman Grp Ltd Liability Com has invested 0% in Urstadt Biddle Properties Inc. (NYSE:UBA). Nuveen Asset Mgmt invested in 0.07% or 513,798 shares. 1,000 were reported by Us Financial Bank De. Rhumbline Advisers has 0% invested in Urstadt Biddle Properties Inc. (NYSE:UBA) for 64,371 shares. Fairfield Bush And owns 75,876 shares. Asset Mngmt One Comm Limited holds 105,458 shares or 0.01% of its portfolio. Ct Mason invested in 85,035 shares or 0.67% of the stock. Wealthtrust has invested 0% in Urstadt Biddle Properties Inc. (NYSE:UBA). Texas Permanent School Fund owns 21,704 shares for 0.01% of their portfolio. California Employees Retirement Systems holds 0% in Urstadt Biddle Properties Inc. (NYSE:UBA) or 44,246 shares. Moreover, Sg Americas Securities Lc has 0% invested in Urstadt Biddle Properties Inc. (NYSE:UBA). Edge Wealth Management Ltd Liability Corp holds 0% or 500 shares in its portfolio.

Among 10 analysts covering Lexington Realty (NYSE:LXP), 0 have Buy rating, 2 Sell and 8 Hold. Therefore 0 are positive. Lexington Realty had 23 analyst reports since September 8, 2015 according to SRatingsIntel. On Wednesday, July 5 the stock rating was maintained by Stifel Nicolaus with “Hold”. Evercore upgraded the stock to “Outperform” rating in Thursday, May 25 report. KeyBanc Capital Markets maintained the shares of LXP in report on Friday, September 22 with “Hold” rating. The firm earned “In-Line” rating on Monday, December 11 by Evercore. As per Thursday, August 17, the company rating was maintained by Ladenburg. The stock of Lexington Realty Trust (NYSE:LXP) has “Neutral” rating given on Thursday, May 19 by Ladenburg Thalmann. The stock of Lexington Realty Trust (NYSE:LXP) earned “Hold” rating by Jefferies on Monday, September 18. The stock of Lexington Realty Trust (NYSE:LXP) has “Hold” rating given on Monday, September 18 by Stifel Nicolaus. Stifel Nicolaus maintained the shares of LXP in report on Tuesday, August 8 with “Hold” rating. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, December 15.

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.20, from 1.13 in 2017Q2. It improved, as 19 investors sold Lexington Realty Trust shares while 60 reduced holdings. 26 funds opened positions while 79 raised stakes. 176.43 million shares or 2.12% more from 172.77 million shares in 2017Q2 were reported. Lpl Finance Limited Liability Company stated it has 45,207 shares or 0% of all its holdings. Bowling Portfolio Management Limited Liability Company owns 101,118 shares for 0.16% of their portfolio. Gradient Investments Lc has invested 0.44% in Lexington Realty Trust (NYSE:LXP). Riverhead Cap Mgmt invested in 17,119 shares or 0.01% of the stock. Louisiana State Employees Retirement Sys stated it has 0.04% in Lexington Realty Trust (NYSE:LXP). Fincl Bank Of Mellon invested 0.01% in Lexington Realty Trust (NYSE:LXP). Goldman Sachs Group Incorporated invested 0% in Lexington Realty Trust (NYSE:LXP). Royal Retail Bank Of Canada owns 1.45 million shares. First Manhattan Company accumulated 16,500 shares or 0% of the stock. Teacher Retirement Sys Of Texas invested in 17,693 shares. Kbc Grp Nv has 4,968 shares. American International Grp holds 0.01% in Lexington Realty Trust (NYSE:LXP) or 171,590 shares. Nomura Asset Mngmt Ltd, Japan-based fund reported 126,100 shares. 920,039 were reported by Neuberger Berman Group Ltd Liability Company. Hillcrest Asset Mngmt Lc reported 1.71% in Lexington Realty Trust (NYSE:LXP).

Lexington Realty Trust is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased commercial properties across the United States. The company has market cap of $2.01 billion. Lexington seeks to expand its portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions. It has a 30.58 P/E ratio.

Analysts await Lexington Realty Trust (NYSE:LXP) to report earnings on March, 7. They expect $0.25 earnings per share, up 4.17% or $0.01 from last year’s $0.24 per share. LXP’s profit will be $61.03M for 8.23 P/E if the $0.25 EPS becomes a reality. After $0.25 actual earnings per share reported by Lexington Realty Trust for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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