United Dominion Realty Trust (NYSE:UDR) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

United Dominion Realty Trust, Inc. (NYSE:UDR)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $37.41 and traded as high as $37.43. United Dominion Realty Trust shares last traded at $36.7760, with a volume of 4,994,392 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on UDR shares. Wells Fargo & Company reduced their price target on United Dominion Realty Trust from $41.00 to $39.00 and set an “overweight” rating on the stock in a research report on Monday, November 10th. Barclays lowered their price target on United Dominion Realty Trust from $45.00 to $44.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. The Goldman Sachs Group cut their price objective on shares of United Dominion Realty Trust from $37.00 to $33.00 and set a “sell” rating on the stock in a report on Tuesday, November 4th. BNP Paribas cut shares of United Dominion Realty Trust from an “outperform” rating to a “hold” rating in a research note on Monday, September 29th. Finally, Piper Sandler cut their price target on shares of United Dominion Realty Trust from $43.00 to $39.00 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. Four analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned 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 $39.82.

United Dominion Realty Trust Trading Down 1.5%

The firm has a market cap of $12.15 billion, a PE ratio of 83.58, a price-to-earnings-growth ratio of 7.77 and a beta of 0.72. The company has a 50-day simple moving average of $35.64 and a 200 day simple moving average of $37.38. The company has a current ratio of 4.92, a quick ratio of 4.92 and a debt-to-equity ratio of 1.81.

United Dominion Realty Trust (NYSE:UDR) last posted its earnings results on Monday, June 3rd. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter. United Dominion Realty Trust had a net margin of 8.80% and a return on equity of 4.54%. The firm had revenue of $399.55 million during the quarter. United Dominion Realty Trust has set its FY 2025 guidance at 2.530-2.550 EPS and its Q4 2025 guidance at 0.630-0.650 EPS. As a group, sell-side analysts forecast that United Dominion Realty Trust, Inc. will post 2.51 earnings per share for the current fiscal year.

United Dominion Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Monday, January 12th. United Dominion Realty Trust’s payout ratio is presently 390.91%.

Institutional Trading of United Dominion Realty Trust

A number of institutional investors and hedge funds have recently modified their holdings of UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings 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 worth $2,741,000 after buying an additional 986 shares during the last quarter. United Services Automobile Association purchased a new stake in shares of United Dominion Realty Trust during the first quarter worth approximately $281,000. Empowered Funds LLC raised its stake 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 valued at $277,000 after purchasing an additional 337 shares during the last quarter. Jane Street Group LLC lifted 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 valued at $634,000 after purchasing an additional 3,637 shares in the last quarter. Finally, Advisors Capital Management LLC acquired a new stake in United Dominion Realty Trust during the 1st quarter worth $229,000. 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.