Man Group plc bought a new position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 47,778 shares of the real estate investment trust’s stock, valued at approximately $1,907,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of United Dominion Realty Trust by 1.7% in 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 in the last quarter. Empowered Funds LLC grew its holdings 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 worth $277,000 after buying an additional 337 shares in the last quarter. Jane Street Group LLC raised its position 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 buying an additional 3,637 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in United Dominion Realty Trust in the 2nd quarter valued at approximately $676,000. Finally, State of Wyoming bought a new stake in United Dominion Realty Trust in the 2nd quarter valued at approximately $472,000. Institutional investors and hedge funds own 97.82% of the company’s stock.
Insider Buying and Selling at United Dominion Realty Trust
In related news, CEO Thomas W. Toomey sold 80,000 shares of the business’s stock in a transaction that occurred 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 directly owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. The trade was a 8.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.82% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on United Dominion Realty Trust
United Dominion Realty Trust Trading Down 0.2%
United Dominion Realty Trust stock opened at $36.86 on Wednesday. United Dominion Realty Trust, Inc. has a 52 week low of $32.94 and a 52 week high of $42.00. The company has a debt-to-equity ratio of 2.01, a quick ratio of 4.22 and a current ratio of 4.22. The stock has a market capitalization of $11.84 billion, a P/E ratio of 23.48, a PEG ratio of 9.41 and a beta of 0.70. The stock has a 50-day simple moving average of $38.89 and a 200 day simple moving average of $37.42.
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.08. The firm had revenue of $425.40 million for the quarter, compared to analyst estimates of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.64 earnings per share. 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. Analysts expect that United Dominion Realty Trust, Inc. will post 2.53 earnings per share for the current year.
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.
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Want to see what other hedge funds are holding UDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Dominion Realty Trust, Inc. (NYSE:UDR – Free Report).
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