United Dominion Realty Trust, Inc. (NYSE:UDR – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $36.59 and traded as high as $38.73. United Dominion Realty Trust shares last traded at $37.63, with a volume of 4,862,091 shares changing hands.
Analyst Ratings Changes
Several research firms recently weighed in on UDR. Wall Street Zen upgraded shares of United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Scotiabank dropped their target price on shares of United Dominion Realty Trust from $39.00 to $38.00 and set a “sector perform” rating for the company in a research report on Thursday, May 14th. Citigroup cut their price target on shares of United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Cantor Fitzgerald cut their price target on shares of United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Finally, Barclays decreased their price target on shares of United Dominion Realty Trust from $42.00 to $41.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $40.60.
Check Out Our Latest Stock Report on UDR
United Dominion Realty Trust Price Performance
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The firm had revenue of $425.85 million during the quarter, compared to the consensus estimate of $427.08 million. During the same quarter in the previous year, the firm earned $0.61 EPS. The business’s quarterly revenue was up .8% compared to the same quarter last year. 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. On average, analysts expect that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current year.
United Dominion Realty Trust Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.145 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. United Dominion Realty Trust’s dividend payout ratio is 118.37%.
United Dominion Realty Trust announced that its Board of Directors has initiated a share buyback plan on Monday, May 4th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the real estate investment trust to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.
Insider Activity at United Dominion Realty Trust
In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $39.25, for a total value of $3,140,000.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.82% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Jane Street Group LLC grew its position in United Dominion Realty Trust by 35.0% during 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. Empowered Funds LLC boosted its stake in shares of United Dominion Realty Trust by 5.8% during the first quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock valued at $277,000 after purchasing an additional 337 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of United Dominion Realty Trust by 1.7% during the first 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 purchasing an additional 986 shares during the period. Hedge funds and other 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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