SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 12.7% Stake in Urban Edge Properties

FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, reporting a combined beneficial ownership of 12.7% in Urban Edge Properties' common stock as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson, its Chairman and CEO, jointly reported beneficial ownership of 15,901,485.14 shares of Urban Edge Properties' common stock.
• This aggregate amount represents 12.7% of the total outstanding common stock of Urban Edge Properties.
• FMR LLC holds sole voting power over 15,577,568.00 shares and sole dispositive power over 15,901,485.14 shares.
• Abigail P. Johnson holds sole dispositive power over 15,901,485.14 shares, with no sole or shared voting power directly attributed.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of Urban Edge Properties.
• Fidelity Management & Research Company LLC, a subsidiary of FMR LLC, is noted as beneficially owning 5% or greater of the outstanding shares.
• The filing is an Amendment No. 3 to a previous Schedule 13G, indicating a change in the reported beneficial ownership percentage or details since the last filing.

Sentiment

Score: 5

Explanation: The document is a factual report of beneficial ownership and does not contain subjective language or performance metrics that would indicate a positive or negative sentiment. It is neutral.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of significant beneficial ownership in a publicly traded company, Urban Edge Properties, which operates in the real estate sector. It reflects the investment position of a major asset manager, FMR LLC (Fidelity), and its principal, Abigail P. Johnson, in a Real Estate Investment Trust (REIT). Such disclosures provide transparency regarding institutional holdings, which can influence market perception and liquidity for the issuer.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence investor confidence and market dynamics.
• Company Management: Awareness of a large, passive institutional stake held by FMR LLC and Abigail P. Johnson, which is stated not to be for control purposes.

Key Dates

Keywords

Urban Edge Properties, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Real Estate Investment Trust, REIT, Institutional Ownership