OVERSEA CHINESE BANKING Corp Ltd Acquires New Position in United Dominion Realty Trust, Inc. $UDR

OVERSEA CHINESE BANKING Corp Ltd acquired a new position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR) during the 2nd quarter, HoldingsChannel reports. The firm acquired 76,211 shares of the real estate investment trust’s stock, valued at approximately $3,042,000.

A number of other large investors have also recently bought and sold shares of the business. Addison Advisors LLC acquired a new position in United Dominion Realty Trust in the second quarter valued at approximately $58,000. Global Retirement Partners LLC acquired a new stake in shares of United Dominion Realty Trust during the 2nd quarter worth approximately $187,000. Empowered Funds LLC lifted its holdings in shares of 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 worth $277,000 after purchasing an additional 337 shares during the last quarter. BOK Financial Private Wealth Inc. bought a new stake in shares of United Dominion Realty Trust in the 2nd quarter worth approximately $377,000. Finally, Wealthfront Advisers LLC bought a new stake in shares of United Dominion Realty Trust in the 2nd quarter worth approximately $456,000. Institutional investors own 97.82% of the company’s stock.

United Dominion Realty Trust Stock Performance

Shares of NYSE UDR opened at $37.74 on Friday. United Dominion Realty Trust, Inc. has a 12-month low of $32.94 and a 12-month high of $42.00. The company has a market cap of $12.12 billion, a PE ratio of 24.04, a P/E/G ratio of 9.55 and a beta of 0.70. The stock has a 50 day simple moving average of $38.99 and a 200-day simple moving average of $37.43. 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 (NYSE:UDR) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 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 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 was up .0% compared to the same quarter last year. During the same period last year, the firm earned $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. On average, equities research analysts forecast that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current year.

United Dominion Realty Trust declared that its board has initiated a share repurchase program on Monday, May 4th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the real estate investment trust to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at United Dominion Realty Trust

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were 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 of the company’s stock, valued at approximately $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 corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of United Dominion Realty Trust in a research note on Wednesday, June 24th. Mizuho raised their target price on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. Scotiabank raised their target price on United Dominion Realty Trust from $38.00 to $41.00 and gave the company a “sector perform” rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. boosted their price target on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the company an “underweight” rating in a report on Tuesday, August 4th. Finally, Truist Financial lowered shares of United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 price target for the company. in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $41.66.

United Dominion Realty Trust 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.