1,971,134 Shares in United Dominion Realty Trust, Inc. $UDR Acquired by Legal & General Group Plc

Legal & General Group Plc bought a new position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,971,134 shares of the real estate investment trust’s stock, valued at approximately $78,688,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Deutsche Bank AG purchased a new position in shares of United Dominion Realty Trust during the 2nd quarter worth $36,150,000. Danske Bank A S purchased a new stake in United Dominion Realty Trust in the 2nd quarter valued at about $1,943,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in United Dominion Realty Trust in the 2nd quarter valued at about $24,849,000. BlackRock Inc. acquired a new position in United Dominion Realty Trust in the second quarter valued at about $1,247,535,000. Finally, Danica Pension Livsforsikringsaktieselskab acquired a new position in United Dominion Realty Trust in the second quarter valued at about $8,962,000. Hedge funds and other institutional investors own 97.82% of the company’s stock.

Analyst Upgrades and Downgrades

UDR has been the subject of several research analyst reports. Jefferies Financial Group raised shares of United Dominion Realty Trust to a “strong-buy” rating in a research note on Wednesday, July 22nd. Wall Street Zen raised shares of United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research note on Sunday, August 9th. Evercore restated an “outperform” rating on shares of United Dominion Realty Trust in a report on Monday, June 8th. Barclays increased their price objective on shares of United Dominion Realty Trust from $41.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Finally, Mizuho boosted their target price on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $41.66.

Insider Activity at United Dominion Realty Trust

In related news, CEO Thomas W. Toomey sold 80,000 shares of United Dominion Realty Trust stock in a transaction that occurred on 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 in the company, valued at approximately $31,810,358.75. The trade was a 8.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.82% of the company’s stock.

United Dominion Realty Trust Price Performance

UDR opened at $37.11 on Friday. The stock’s 50-day moving average price is $38.94 and its 200 day moving average price is $37.46. United Dominion Realty Trust, Inc. has a 12-month low of $32.94 and a 12-month high of $42.00. The firm has a market cap of $11.92 billion, a price-to-earnings ratio of 23.64, a PEG ratio of 9.66 and a beta of 0.70. 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 released its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.08. The company had revenue of $425.40 million during the quarter, compared to the consensus estimate of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.United Dominion Realty Trust’s revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the company posted $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. As a group, sell-side analysts expect that United Dominion Realty Trust, Inc. will post 2.53 earnings per share for the current year.

United Dominion Realty Trust announced that its board has initiated a share buyback program 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 purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

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.