Capital One Financial upgraded shares of UDR (NYSE:UDR) from an equal weight rating to an overweight rating in a research note published on Monday morning, BenzingaRatingsTable reports. Capital One Financial currently has $50.00 price target on the real estate investment trust’s stock, up from their prior price target of $45.00. Capital One Financial also issued estimates for UDR’s Q3 2019 earnings at $0.51 EPS, Q4 2019 earnings at $0.54 EPS, FY2019 earnings at $2.08 EPS, Q1 2020 earnings at $0.54 EPS, Q2 2020 earnings at $0.56 EPS, Q3 2020 earnings at $0.55 EPS, Q4 2020 earnings at $0.57 EPS, FY2020 earnings at $2.22 EPS, Q1 2021 earnings at $0.57 EPS, Q2 2021 earnings at $0.58 EPS and FY2021 earnings at $2.33 EPS.

Other research analysts have also recently issued reports about the company. Mizuho lifted their price objective on UDR from $51.00 to $52.00 and gave the company a buy rating in a report on Tuesday, August 13th. TheStreet raised UDR from a c rating to a b- rating in a report on Tuesday, July 30th. Wells Fargo & Co lifted their price objective on UDR from $46.00 to $47.00 and gave the company a market perform rating in a report on Tuesday, August 13th. Morgan Stanley lifted their price objective on UDR from $48.00 to $51.00 and gave the company an equal weight rating in a report on Friday, September 6th. Finally, ValuEngine raised UDR from a hold rating to a buy rating in a report on Tuesday, August 27th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of $46.08.

Shares of NYSE UDR opened at $48.23 on Monday. The stock has a market cap of $14.11 billion, a PE ratio of 24.61, a PEG ratio of 3.59 and a beta of 0.46. The business has a fifty day moving average of $47.46 and a two-hundred day moving average of $45.80. UDR has a 52-week low of $37.87 and a 52-week high of $49.07. The company has a debt-to-equity ratio of 1.32, a quick ratio of 6.43 and a current ratio of 6.43.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 10th will be issued a $0.3425 dividend. This represents a $1.37 dividend on an annualized basis and a dividend yield of 2.84%. UDR’s dividend payout ratio is 69.90%.

In other UDR news, CFO Joseph D. Fisher sold 3,100 shares of the business’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $48.23, for a total transaction of $149,513.00. Following the completion of the sale, the chief financial officer now directly owns 25,294 shares of the company’s stock, valued at approximately $1,219,929.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Jerry A. Davis sold 10,000 shares of the business’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $45.21, for a total value of $452,100.00. Following the sale, the chief operating officer now directly owns 193,065 shares of the company’s stock, valued at $8,728,468.65. The disclosure for this sale can be found here. Insiders own 2.85% of the company’s stock.

A number of large investors have recently made changes to their positions in the business. M&T Bank Corp raised its holdings in UDR by 1.1% during the 2nd quarter. M&T Bank Corp now owns 18,802 shares of the real estate investment trust’s stock worth $844,000 after purchasing an additional 211 shares during the last quarter. Oakbrook Investments LLC raised its holdings in UDR by 1.8% during the 2nd quarter. Oakbrook Investments LLC now owns 13,274 shares of the real estate investment trust’s stock worth $596,000 after purchasing an additional 230 shares during the last quarter. Cornerstone Advisors Inc. raised its holdings in UDR by 66.8% during the 1st quarter. Cornerstone Advisors Inc. now owns 577 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 231 shares during the last quarter. 6 Meridian raised its holdings in UDR by 2.0% during the 2nd quarter. 6 Meridian now owns 11,688 shares of the real estate investment trust’s stock worth $525,000 after purchasing an additional 234 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in UDR by 5.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 6,027 shares of the real estate investment trust’s stock worth $271,000 after purchasing an additional 338 shares during the last quarter. 93.56% of the stock is owned by hedge funds and other institutional investors.

About UDR

UDR, Inc (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S.

Recommended Story: What is total return in investing?

Analyst Recommendations for UDR (NYSE:UDR)

Receive News & Ratings for UDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UDR and related companies with MarketBeat.com's FREE daily email newsletter.