United Dominion Realty Trust (NYSE:UDR) Upgraded at Truist Financial

Truist Financial upgraded shares of United Dominion Realty Trust (NYSE:UDR) from a hold rating to a buy rating in a research report report published on Tuesday, MarketBeat.com reports. The brokerage currently has $42.00 price target on the real estate investment trust’s stock, up from their prior price target of $41.00.

Other research analysts have also recently issued research reports about the stock. Barclays reduced their target price on shares of United Dominion Realty Trust from $45.00 to $44.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Scotiabank reduced their price objective on United Dominion Realty Trust from $46.00 to $37.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 4th. BNP Paribas Exane cut United Dominion Realty Trust from an “outperform” rating to a “hold” rating in a report on Monday, September 29th. The Goldman Sachs Group upped their target price on United Dominion Realty Trust from $33.00 to $37.50 and gave the stock a “sell” rating in a research note on Tuesday. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $37.00 price target on shares of United Dominion Realty Trust in a research report on Monday, January 5th. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $40.21.

United Dominion Realty Trust Price Performance

Shares of NYSE UDR opened at $37.56 on Tuesday. United Dominion Realty Trust has a fifty-two week low of $32.94 and a fifty-two week high of $46.47. The company has a market cap of $12.41 billion, a PE ratio of 85.37, a P/E/G ratio of 7.95 and a beta of 0.72. The company has a debt-to-equity ratio of 1.81, a quick ratio of 4.92 and a current ratio of 4.92. The business has a 50-day simple moving average of $36.12 and a two-hundred day simple moving average of $37.18.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.65 EPS for the quarter, beating the consensus estimate of $0.63 by $0.02. United Dominion Realty Trust had a net margin of 8.80% and a return on equity of 4.54%. The firm had revenue of $431.86 million during the quarter, compared to analyst estimates of $430.23 million. During the same period last year, the firm posted $0.54 EPS. United Dominion Realty Trust’s revenue was up 2.8% on a year-over-year basis. United Dominion Realty Trust has set its FY 2025 guidance at 2.530-2.550 EPS and its Q4 2025 guidance at 0.630-0.650 EPS. As a group, equities analysts expect that United Dominion Realty Trust will post 2.51 EPS for the current fiscal year.

United Dominion Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 12th will be given a $0.43 dividend. The ex-dividend date is Monday, January 12th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.6%. United Dominion Realty Trust’s payout ratio is 390.91%.

Institutional Investors Weigh In On United Dominion Realty Trust

A number of institutional investors have recently added to or reduced their stakes in UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in United Dominion Realty Trust by 1.7% during the first 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 acquiring an additional 986 shares during the period. Jane Street Group LLC increased its stake in shares of United Dominion Realty Trust by 35.0% during the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock worth $634,000 after purchasing an additional 3,637 shares in the last quarter. Empowered Funds LLC raised its position in shares of 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 worth $277,000 after purchasing an additional 337 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in United Dominion Realty Trust by 107.5% in the 2nd quarter. Parallel Advisors LLC now owns 4,335 shares of the real estate investment trust’s stock valued at $177,000 after buying an additional 2,246 shares in the last quarter. Institutional investors and hedge funds own 97.82% of the company’s stock.

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.