Cedar Realty Trust, Inc. is a fully-integrated real estate investment trust which focuses on the ownership, operation and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The Company's portfolio (excluding properties treated as 'held for sale') comprises 54 properties, with approximately 8.2 million square feet of gross leasable area.
Company profile
Ticker
CDR-PB, CDR-PC
Exchange
Website
CEO
Bruce Schanzer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CEDAR INCOME FUND LTD, CEDAR INCOME FUND LTD /MD/, CEDAR SHOPPING CENTERS INC, UNI INVEST USA LTD
SEC CIK
Corporate docs
Subsidiaries
1100R S. Christopher Columbus, LLC • Academy Plaza L.L.C. • Cedar 2129 Oregon Avenue, LLC • Cedar 301 40th Street NE, LLC • Cedar Asset Management LLC • Cedar Brickyard, LLC • Cedar Brickyard II, LLC • Cedar-Bristol, LLC • Cedar-Campbelltown, LLC • Cedar-Camp Hill, LLC ...
IRS number
421241468
CDR-PB stock data
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
2 Mar 23
10-K
2022 FY
Annual report
2 Mar 23
8-K
Cedar Realty Trust Announces Tax Information for 2022 Distributions
23 Jan 23
8-K
Cedar Realty Trust Declares
20 Jan 23
8-K
Entry into a Material Definitive Agreement
22 Dec 22
8-K
Results of Operations and Financial Condition
9 Nov 22
10-Q
2022 Q3
Quarterly report
8 Nov 22
8-K
Regulation FD Disclosure
1 Nov 22
8-K
Entry into a Material Definitive Agreement
31 Oct 22
8-K
Cedar Realty Trust Declares
17 Oct 22
Transcripts
CDR-PB
Earnings call transcript
2021 Q2
30 Jul 21
CDR-PB
Earnings call transcript
2021 Q1
9 May 21
CDR-PB
Earnings call transcript
2020 Q4
5 Feb 21
CDR-PB
Earnings call transcript
2020 Q3
29 Oct 20
CDR-PB
Earnings call transcript
2020 Q2
10 Aug 20
CDR-PB
Earnings call transcript
2020 Q1
14 May 20
CDR-PB
Earnings call transcript
2019 Q4
6 Feb 20
CDR-PB
Earnings call transcript
2019 Q3
31 Oct 19
CDR-PB
Earnings call transcript
2019 Q2
2 Aug 19
CDR-PB
Earnings call transcript
2019 Q1
5 May 19
Latest ownership filings
4
Michael Andrew Franklin
29 Aug 22
4/A
Sharon Hochfelder Stern
25 Aug 22
4/A
Bruce J Schanzer
25 Aug 22
4/A
Richard H Ross
25 Aug 22
4/A
STEVEN G ROGERS
25 Aug 22
4/A
Darcy Morris
25 Aug 22
4/A
SABRINA L. KANNER
25 Aug 22
4/A
Gregg A Gonsalves
25 Aug 22
4/A
Abraham Eisenstat
25 Aug 22
4/A
Jennifer Bitterman
25 Aug 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 13.46 mm | 13.46 mm | 13.46 mm | 13.46 mm | 13.46 mm | 13.46 mm |
| Cash burn (monthly) | 1.00 k | (no burn) | (no burn) | 5.07 mm | (no burn) | 1.71 mm |
| Cash used (since last report) | 2.94 k | n/a | n/a | 14.93 mm | n/a | 5.02 mm |
| Cash remaining | 13.46 mm | n/a | n/a | -1.46 mm | n/a | 8.44 mm |
| Runway (months of cash) | 13460.1 | n/a | n/a | -0.3 | n/a | 5.0 |
Institutional ownership, Q2 2022
1.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 96 |
| Opened positions | 23 |
| Closed positions | 26 |
| Increased positions | 28 |
| Reduced positions | 35 |
| 13F shares | Current |
|---|---|
| Total value | 309.69 mm |
| Total shares | 10.76 mm |
| Total puts | 312.20 k |
| Total calls | 9.90 k |
| Total put/call ratio | 31.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Ewing Morris & Co. Investment Partners | 1.10 mm | $31.78 mm |
| Weiss Asset Management | 1.01 mm | $29.17 mm |
| MS Morgan Stanley | 931.12 k | $26.81 mm |
| BLK Blackrock | 765.57 k | $22.04 mm |
| Vivaldi Asset Management | 677.20 k | $19.50 mm |
| Mangrove Partners | 675.18 k | $19.44 mm |
| LSV Asset Management | 617.92 k | $17.79 mm |
| Vanguard | 581.84 k | $16.75 mm |
| UBS UBS Group AG - Registered Shares | 381.94 k | $11.00 mm |
| Millennium Management | 363.25 k | $10.46 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 25 Aug 22 | Michael Andrew Franklin | 6.50% Series C Cumulative Redeemable Preferred Stock | Buy | Acquire P | No | No | 10.2297 | 1,900 | 19.44 k | 1,900 |
| 25 Aug 22 | Michael Andrew Franklin | 7.25% Series B Cumulative Redeemable Preferred Stock | Buy | Acquire P | No | No | 10.35 | 2,890 | 29.91 k | 2,890 |