United Dominion Realty Trust (NYSE:UDR) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of United Dominion Realty Trust (NYSE:UDR) from a sell rating to a hold rating in a report issued on Sunday.

Several other research analysts also recently commented on UDR. Truist Financial downgraded shares of United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 price objective for the company. in a report on Wednesday, July 8th. Citigroup decreased their target price on United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Royal Bank Of Canada increased their price target on United Dominion Realty Trust from $37.00 to $38.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Cantor Fitzgerald lifted their price objective on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Finally, Morgan Stanley upped their price objective on United Dominion Realty Trust from $43.00 to $44.50 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, United Dominion Realty Trust presently has a consensus rating of “Hold” and an average target price of $41.88.

United Dominion Realty Trust Trading Down 0.0%

Shares of UDR opened at $38.40 on Friday. The company has a debt-to-equity ratio of 2.01, a current ratio of 4.22 and a quick ratio of 4.22. United Dominion Realty Trust has a 1 year low of $32.94 and a 1 year high of $42.00. The company has a 50 day simple moving average of $39.15 and a two-hundred day simple moving average of $37.41. The firm has a market cap of $12.34 billion, a P/E ratio of 24.46, a price-to-earnings-growth ratio of 9.77 and a beta of 0.70.

United Dominion Realty Trust (NYSE:UDR) last released its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 EPS for the quarter, topping the consensus estimate of $0.13 by $0.08. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The firm had revenue of $425.40 million for the quarter, compared to the consensus estimate of $423.35 million. During the same quarter in the previous year, the firm earned $0.64 earnings per share. The company’s quarterly revenue was up .0% compared to the same quarter last year. 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. On average, equities analysts expect that United Dominion Realty Trust will post 2.54 earnings per share for the current fiscal year.

United Dominion Realty Trust announced that its Board of Directors has initiated a stock repurchase plan on Monday, May 4th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the real estate investment trust to repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.

Insider Activity

In related news, CEO Thomas W. Toomey sold 80,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. This trade represents a 8.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.82% of the company’s stock.

Institutional Investors Weigh In On United Dominion Realty Trust

Several large investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of 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 purchasing an additional 986 shares during the period. Empowered Funds LLC raised its holdings 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 valued at $277,000 after buying an additional 337 shares during the period. Jane Street Group LLC raised its holdings 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 valued at $634,000 after buying an additional 3,637 shares during the period. GSA Capital Partners LLP bought a new stake in United Dominion Realty Trust in the second quarter worth $676,000. Finally, State of Wyoming bought a new stake in United Dominion Realty Trust in the second quarter worth $472,000. 97.82% of the stock is owned by institutional investors.

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.