Shell Asset Management Co Cut By $584,064 Its Intel (INTC) Stake; Shorts at Urstadt Biddle Properties (UBA) Raised By 32.26%

June 23, 2018 - By Vivian Currie

Intel Corporation (NASDAQ:INTC) Logo

Urstadt Biddle Properties Inc (NYSE:UBA) had an increase of 32.26% in short interest. UBA’s SI was 306,700 shares in June as released by FINRA. Its up 32.26% from 231,900 shares previously. With 129,300 avg volume, 2 days are for Urstadt Biddle Properties Inc (NYSE:UBA)’s short sellers to cover UBA’s short positions. The SI to Urstadt Biddle Properties Inc’s float is 1.22%. The stock increased 1.96% or $0.44 during the last trading session, reaching $22.93. About 312,665 shares traded or 217.54% up from the average. Urstadt Biddle Properties Inc. (NYSE:UBA) has risen 13.13% since June 23, 2017 and is uptrending. It has outperformed by 0.56% the S&P500. Some Historical UBA News: 09/03/2018 Urstadt Biddle Properties 1Q Rev $33M; 09/03/2018 – Urstadt Biddle Properties 1Q EPS 12c; 23/04/2018 – DJ Urstadt Biddle Properties Inc Clas, Inst Holders, 1Q 2018 (UBA); 03/04/2018 – Urstadt Biddle Properties Inc. Announces Acquisition of Tanglewood Shopping Center Located in Yonkers, NY; 19/04/2018 – DJ Urstadt Biddle Properties Inc, Inst Holders, 1Q 2018 (UBP); 31/05/2018 – Swiss private bank UBP buys Carnegie’s Luxembourg arm; 09/03/2018 – Urstadt Biddle Properties 1Q FFO 33c/Shr; 11/04/2018 – UBP’s Calder Sees Three Fed Hikes This Year (Video); 17/04/2018 – UBP Hires 6 From Standard Chartered in Singapore Wealth Business

Shell Asset Management Co decreased Intel Corp (INTC) stake by 1.3% reported in 2018Q1 SEC filing. Shell Asset Management Co sold 11,232 shares as Intel Corp (INTC)’s stock rose 12.89%. The Shell Asset Management Co holds 855,019 shares with $44.53M value, down from 866,251 last quarter. Intel Corp now has $244.65B valuation. The stock increased 0.59% or $0.31 during the last trading session, reaching $52.5. About 32.99M shares traded or 16.32% up from the average. Intel Corporation (NASDAQ:INTC) has risen 52.90% since June 23, 2017 and is uptrending. It has outperformed by 40.33% the S&P500. Some Historical INTC News: 08/05/2018 – INTEL CAPITAL: INITIATIVE TO IDENTIFY INVESTMENT OPPORTUNITIES; 11/04/2018 – New York Post: Justice Deptartment hands over document to House Intel panel; 17/05/2018 – Arias Intel’s SportXction® to Take Advantage of Huge Opportunity After Supreme Court Ruling to Allow States to Legalize Spor; 30/05/2018 – Tech Report: Rumor: Core i7-8086K could be a 5-GHz toast to Intel’s 50th year; 11/05/2018 – Intel Presenting at Bank of America Conference Jun 6; 18/04/2018 – Intel is ditching its wearables effort; 04/04/2018 – SHI International Wins PC Client Solution Partner of the Year at Intel Technology Partner Awards; 07/03/2018 – DEADLINE ALERT – Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Intel Corporation (INTC) & Lead; 02/04/2018 – Intel extends slide on Apple chip report; 07/04/2018 – Hard OCP: Intel’s Discrete GPU, “Arctic Sound,” Will Have Gaming Variant

More recent Urstadt Biddle Properties Inc. (NYSE:UBA) news were published by: Seekingalpha.com which released: “Hey Diddle Diddle, I’m Upgrading Urstadt Biddle” on June 11, 2018. Also Businesswire.com published the news titled: “Urstadt Biddle Properties Inc. Reports Second Quarter Operating Results for Fiscal 2018” on June 08, 2018. Businesswire.com‘s news article titled: “Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares” with publication date: June 04, 2018 was also an interesting one.

Among 3 analysts covering Urstadt Biddle Properties Inc. (NYSE:UBA), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Urstadt Biddle Properties Inc. had 6 analyst reports since March 24, 2016 according to SRatingsIntel. Deutsche Bank maintained Urstadt Biddle Properties Inc. (NYSE:UBA) on Thursday, March 24 with “Buy” rating. Deutsche Bank maintained it with “Buy” rating and $24 target in Thursday, June 16 report. The rating was downgraded by Deutsche Bank to “Hold” on Monday, July 18.

Since March 14, 2018, it had 2 insider purchases, and 0 insider sales for $368,980 activity. URSTADT CHARLES J bought 14,410 shares worth $275,952.

Investors sentiment increased to 1.23 in Q1 2018. Its up 0.06, from 1.17 in 2017Q4. It improved, as 15 investors sold Urstadt Biddle Properties Inc. shares while 41 reduced holdings. 19 funds opened positions while 50 raised stakes. 22.93 million shares or 0.47% less from 23.04 million shares in 2017Q4 were reported. Legal And General Grp Public Ltd Com holds 0% or 143,294 shares. Victory Cap Management invested in 77,200 shares. Grace & White Inc New York stated it has 0.46% in Urstadt Biddle Properties Inc. (NYSE:UBA). Wealthtrust invested in 0% or 106 shares. Ubs Asset Mgmt Americas holds 0% of its portfolio in Urstadt Biddle Properties Inc. (NYSE:UBA) for 77,780 shares. Morgan Stanley accumulated 0% or 127,137 shares. Jpmorgan Chase has 0% invested in Urstadt Biddle Properties Inc. (NYSE:UBA). Bancorporation Of Montreal Can invested in 1,676 shares. Ingalls & Snyder Ltd holds 0.01% of its portfolio in Urstadt Biddle Properties Inc. (NYSE:UBA) for 13,100 shares. Ls Inv Ltd Liability Co holds 926 shares or 0% of its portfolio. Prudential Inc holds 117,178 shares or 0% of its portfolio. Heartland Advsr accumulated 150,000 shares. 21,340 are owned by Ct Mason. Silvercrest Asset Mngmt Gru Ltd Liability has 0.03% invested in Urstadt Biddle Properties Inc. (NYSE:UBA) for 171,054 shares. California State Teachers Retirement accumulated 0% or 45,494 shares.

Urstadt Biddle Properties Inc. is a real estate investment trust. The company has market cap of $673.20 million. The firm invests in the real estate markets of the United States. It has a 42.38 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.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Intel: The 3 Failures Of Brian Krzanich, Part 1” on June 23, 2018, also Nasdaq.com with their article: “How Intel and AMD’s Partnership Could Throttle NVIDIA’s Growth” published on June 23, 2018, Fool.com published: “Intel CEO Resigns: What Investors Need to Know” on June 23, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Fool.com and their article: “Qualcomm Isn’t Quitting Data Centers (Yet)” published on June 22, 2018 as well as Seekingalpha.com‘s news article titled: “Intel Selloff, Shareholders Can Still Act” with publication date: June 19, 2018.

Shell Asset Management Co increased Southern Co (NYSE:SO) stake by 13,318 shares to 418,947 valued at $18.71M in 2018Q1. It also upped Clorox Co Del (NYSE:CLX) stake by 3,352 shares and now owns 61,107 shares. Emerson Elec Co (NYSE:EMR) was raised too.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on July, 26. They expect $0.86 EPS, up 19.44% or $0.14 from last year’s $0.72 per share. INTC’s profit will be $4.01 billion for 15.26 P/E if the $0.86 EPS becomes a reality. After $0.87 actual EPS reported by Intel Corporation for the previous quarter, Wall Street now forecasts -1.15% negative EPS growth.

Investors sentiment decreased to 0.76 in Q1 2018. Its down 0.26, from 1.02 in 2017Q4. It worsened, as 76 investors sold INTC shares while 796 reduced holdings. 131 funds opened positions while 531 raised stakes. 3.00 billion shares or 1.96% less from 3.06 billion shares in 2017Q4 were reported. 289,057 were reported by Wesbanco Natl Bank. Grubman Wealth Mngmt accumulated 5,869 shares. Ing Groep Nv has invested 0.03% in Intel Corporation (NASDAQ:INTC). Gemmer Asset Management Limited Liability invested in 0.25% or 13,890 shares. Park Circle reported 0.03% in Intel Corporation (NASDAQ:INTC). Aristotle Management Ltd reported 0% in Intel Corporation (NASDAQ:INTC). 56,213 were accumulated by Wendell David Associate. Pinnacle Holding Ltd Company owns 21,481 shares. Moreover, Macquarie Group Limited has 1.43% invested in Intel Corporation (NASDAQ:INTC) for 15.04 million shares. Meyer Handelman holds 1.7% in Intel Corporation (NASDAQ:INTC) or 642,259 shares. Nelson Roberts Investment Advsr Ltd Liability Company reported 0.04% of its portfolio in Intel Corporation (NASDAQ:INTC). Hartford Mngmt accumulated 1.02 million shares or 1.06% of the stock. Heritage Wealth Advsr invested 0.21% in Intel Corporation (NASDAQ:INTC). Ironwood Llc has 500 shares. 651 are owned by Winch Advisory Service Ltd.

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 4 Sell and 15 Hold. Therefore 65% are positive. Intel Corporation had 275 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Buy” rating by M Partners on Monday, August 24. The rating was maintained by Bernstein with “Sell” on Wednesday, July 12. The company was maintained on Wednesday, January 3 by Bernstein. Credit Suisse maintained the stock with “Hold” rating in Friday, October 27 report. Needham maintained Intel Corporation (NASDAQ:INTC) on Saturday, August 29 with “Buy” rating. Morgan Stanley maintained it with “Equal-Weight” rating and $55 target in Friday, June 22 report. The firm has “Buy” rating given on Friday, January 26 by Mizuho. The firm has “Sell” rating given on Friday, July 28 by Jefferies. On Thursday, July 21 the stock rating was maintained by Citigroup with “Neutral”. Stifel Nicolaus maintained Intel Corporation (NASDAQ:INTC) rating on Friday, January 15. Stifel Nicolaus has “Buy” rating and $37.0 target.

Since January 22, 2018, it had 0 insider purchases, and 21 sales for $11.14 million activity. On Friday, April 27 the insider Shenoy Navin sold $31,366. RENDUCHINTALA VENKATA S M sold $66,959 worth of Intel Corporation (NASDAQ:INTC) on Wednesday, February 7. Another trade for 20,000 shares valued at $1.07 million was sold by HUNDT REED E. Krzanich Brian M sold $267,663 worth of Intel Corporation (NASDAQ:INTC) on Tuesday, January 23. McBride Kevin Thomas also sold $31,943 worth of Intel Corporation (NASDAQ:INTC) shares. On Tuesday, May 8 BRYANT ANDY D sold $1.89M worth of Intel Corporation (NASDAQ:INTC) or 35,693 shares. YOFFIE DAVID B also sold $1.33M worth of Intel Corporation (NASDAQ:INTC) shares.

Urstadt Biddle Properties Inc. (NYSE:UBA) Institutional Positions Chart

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