Rakuten Investment Management Inc. purchased a new position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,348 shares of the real estate investment trust’s stock, valued at approximately $1,258,000.
A number of other large investors have also recently added to or reduced their stakes in UDR. Empowered Funds LLC increased its stake in shares of 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 purchasing an additional 337 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in United Dominion Realty Trust by 1.7% in 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 purchasing an additional 986 shares during the last quarter. Addison Advisors LLC acquired a new stake in United Dominion Realty Trust in the 2nd quarter valued at about $58,000. Northwestern Mutual Wealth Management Co. bought a new position in United Dominion Realty Trust during the second quarter worth about $75,000. Finally, Allworth Financial LP bought a new position in United Dominion Realty Trust during the second quarter worth about $106,000. Institutional investors and hedge funds own 97.82% of the company’s stock.
Insiders Place Their Bets
In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $39.25, for a total transaction of $3,140,000.00. Following the transaction, the chief executive officer owned 810,455 shares in the company, valued at $31,810,358.75. This trade represents a 8.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.82% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Report on UDR
United Dominion Realty Trust Price Performance
United Dominion Realty Trust stock opened at $37.19 on Monday. The company has a market capitalization of $11.95 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 9.45 and a beta of 0.70. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.01. United Dominion Realty Trust, Inc. has a 12 month low of $32.94 and a 12 month high of $42.00. The stock’s 50 day moving average is $38.93 and its 200-day moving average is $37.46.
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.08. The business had revenue of $425.40 million during the quarter, compared to analysts’ expectations of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The firm’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the firm posted $0.64 EPS. United Dominion Realty Trust has set its FY 2026 guidance at 2.490-2.570 EPS and its Q3 2026 guidance at 0.640-0.640 EPS. Equities research analysts expect that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current year.
United Dominion Realty Trust declared that its board has approved a stock buyback plan on Monday, May 4th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the real estate investment trust to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.
United Dominion Realty Trust Company Profile
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.
Read More
- Five stocks we like better than United Dominion Realty Trust
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Receive News & Ratings for United Dominion Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Dominion Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
