Jefferies Financial Group upgraded shares of United Dominion Realty Trust (NYSE:UDR – Free Report) to a hold rating in a report issued on Friday,Zacks.com reports.
Several other research analysts have also weighed in on the company. Wall Street Zen upgraded United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. The Goldman Sachs Group decreased their price target 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. Barclays cut their price objective on 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. Truist Financial lowered their target price on United Dominion Realty Trust from $42.00 to $41.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Finally, Citigroup dropped their price objective on shares of United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, United Dominion Realty Trust has an average rating of “Hold” and a consensus target price of $40.67.
Check Out Our Latest Report on UDR
United Dominion Realty Trust Stock Up 2.3%
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $425.85 million during the quarter, compared to analysts’ expectations of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The company’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous 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. Analysts predict that United Dominion Realty Trust will post 2.53 earnings per share for the current fiscal year.
United Dominion Realty Trust announced that its Board of Directors has authorized a stock buyback plan on Monday, May 4th that permits the company to repurchase 25,000,000 outstanding shares. This repurchase authorization permits the real estate investment trust to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.
United Dominion Realty Trust Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.145 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 15th. United Dominion Realty Trust’s dividend payout ratio is presently 118.37%.
Insider Buying and Selling at United Dominion Realty Trust
In other news, CEO Thomas W. Toomey sold 80,000 shares of the firm’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 sale, the chief executive officer directly owned 810,455 shares in the company, valued at approximately $31,810,358.75. This trade represents a 8.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.82% of the company’s stock.
Hedge Funds Weigh In On United Dominion Realty Trust
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC grew its holdings in shares of United Dominion Realty Trust by 35.0% during the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock worth $634,000 after purchasing an additional 3,637 shares during the last quarter. Empowered Funds LLC grew its stake in United Dominion Realty Trust by 5.8% during the 1st quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock worth $277,000 after buying an additional 337 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in 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 worth $2,741,000 after buying an additional 986 shares during the period. 97.82% of the stock is owned by institutional investors and hedge funds.
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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