United Dominion Realty Trust (NYSE:UDR – Get Free Report) had its price objective raised by investment analysts at Mizuho from $39.00 to $41.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s target price points to a potential upside of 4.33% from the company’s previous close.
Other equities analysts have also issued research reports about the stock. Evercore reissued an “outperform” rating on shares of United Dominion Realty Trust in a report on Monday. Truist Financial cut their target price on shares of United Dominion Realty Trust from $42.00 to $41.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. The Goldman Sachs Group reduced their target price on United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating on the stock in a research note on Friday, April 17th. Wells Fargo & Company raised their price target on United Dominion Realty Trust from $39.00 to $43.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, Piper Sandler upped their price objective on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $40.60.
Get Our Latest Analysis on UDR
United Dominion Realty Trust Price Performance
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). The business had revenue of $425.85 million for the quarter, compared to the consensus estimate of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The business’s revenue was up .8% compared to the same quarter last year. During the same quarter last year, the business posted $0.61 EPS. United Dominion Realty Trust has set its FY 2026 guidance at 2.470-2.570 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. As a group, equities analysts anticipate that United Dominion Realty Trust will post 2.53 EPS for the current fiscal year.
United Dominion Realty Trust announced that its Board of Directors has authorized a stock repurchase plan on Monday, May 4th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the real estate investment trust to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.
Insider Buying and Selling
In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of United Dominion Realty Trust stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $39.25, for a total value of $3,140,000.00. Following the transaction, the chief executive officer directly owned 810,455 shares of the company’s stock, valued at $31,810,358.75. The trade was a 8.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.82% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in United Dominion Realty Trust by 1.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust’s stock valued at $2,741,000 after buying an additional 986 shares during the last quarter. Empowered Funds LLC grew its holdings in United Dominion Realty Trust by 5.8% in the 1st quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock worth $277,000 after acquiring an additional 337 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in United Dominion Realty Trust by 35.0% in the 1st quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock worth $634,000 after acquiring an additional 3,637 shares during the last quarter. Institutional investors own 97.82% of the company’s stock.
About United Dominion Realty Trust
United Dominion Realty Trust (NYSE: UDR) is a publicly traded real estate investment trust specializing in the ownership, management, acquisition, development and redevelopment of multifamily apartment communities. The company’s core focus is on Class A and Class A–plus residential properties, offering a diverse portfolio designed to meet the evolving needs of renters. UDR employs a full-service management platform to oversee daily operations, property maintenance, leasing, and resident services, ensuring consistency and quality across its holdings.
UDR’s business activities encompass ground-up development, strategic property redevelopment, and selective acquisitions.
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