United Dominion Realty Trust (NYSE:UDR) Stock Rating Upgraded by UBS Group

United Dominion Realty Trust (NYSE:UDR) was upgraded by UBS Group to a “strong-buy” rating in a research note issued on Tuesday, Marketbeat.com reports. The firm currently has a $41.00 price objective on the real estate investment trust’s stock, down from their previous price objective of $42.00. UBS Group’s target price would suggest a potential upside of 19.14% from the stock’s current price.

Several other equities research analysts also recently weighed in on UDR. Evercore reissued an “outperform” rating on shares of United Dominion Realty Trust in a research report on Monday, June 8th. Wall Street Zen raised United Dominion Realty Trust from a “sell” rating to a “hold” rating in a report on Sunday, August 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of United Dominion Realty Trust in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $44.00 target price on shares of United Dominion Realty Trust in a report on Friday, August 14th. Finally, Cantor Fitzgerald upped their price target on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, United Dominion Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $41.23.

United Dominion Realty Trust Stock Performance

United Dominion Realty Trust stock opened at $34.41 on Tuesday. United Dominion Realty Trust has a twelve month low of $32.94 and a twelve month high of $42.00. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.01. The company has a market capitalization of $11.06 billion, a P/E ratio of 21.92, a PEG ratio of 8.89 and a beta of 0.70. The stock’s 50 day moving average is $37.89 and its 200 day moving average is $37.25.

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 return on equity of 16.56% and a net margin of 30.43%.The business had revenue of $425.40 million for the quarter, compared to the consensus estimate of $423.35 million. During the same period in the previous year, the company posted $0.64 earnings per share. The company’s revenue for the quarter 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 research analysts predict that United Dominion Realty Trust will post 2.53 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. New Mexico Educational Retirement Board raised its holdings in shares of United Dominion Realty Trust by 7.2% in the 2nd quarter. New Mexico Educational Retirement Board now owns 14,900 shares of the real estate investment trust’s stock valued at $595,000 after purchasing an additional 1,000 shares in the last quarter. Addison Advisors LLC acquired a new position in shares of United Dominion Realty Trust in the 2nd quarter valued at $58,000. Northwestern Mutual Wealth Management Co. acquired a new position in United Dominion Realty Trust in the second quarter valued at $75,000. Allworth Financial LP acquired a new stake in shares of United Dominion Realty Trust in the 2nd quarter valued at about $106,000. Finally, Westpac Banking Corp acquired a new position in shares of United Dominion Realty Trust in the 2nd quarter valued at $114,000. 97.82% of the stock is currently owned by institutional investors.

About United Dominion Realty Trust

United Dominion Realty Trust, Inc (NYSE: UDR) is a real estate investment trust focused on the ownership, acquisition, development, redevelopment and management of multifamily apartment communities. The company generates revenue primarily by leasing residential units to individuals and families.

Founded in 1972, UDR provides rental housing under its apartment community brands and supports residents through property management and related services. Its portfolio includes conventional apartment communities as well as properties offering amenities and technology-enabled services intended to enhance the resident experience.

UDR operates in selected metropolitan markets across the United States, with a focus on areas characterized by employment growth, household formation and sustained demand for rental housing.