United Dominion Realty Trust (NYSE:UDR) Upgraded by Jefferies Financial Group to “Strong-Buy” Rating

Jefferies Financial Group upgraded shares of United Dominion Realty Trust (NYSE:UDR) from a hold rating to a strong-buy rating in a report published on Tuesday,Zacks.com reports.

A number of other equities analysts have also weighed in on the stock. Scotiabank upped their price target on shares of United Dominion Realty Trust from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 9th. Royal Bank Of Canada increased their price objective on shares of United Dominion Realty Trust from $37.00 to $38.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. Citigroup decreased their price objective on shares of United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Cantor Fitzgerald lowered their target price on shares of United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Finally, Barclays upped their target price on shares of United Dominion Realty Trust from $41.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, United Dominion Realty Trust has a consensus rating of “Hold” and an average target price of $41.20.

United Dominion Realty Trust Stock Down 0.5%

NYSE UDR opened at $39.99 on Tuesday. United Dominion Realty Trust has a 52 week low of $32.94 and a 52 week high of $42.00. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 1.75. The company has a market capitalization of $12.99 billion, a P/E ratio of 27.21, a price-to-earnings-growth ratio of 13.57 and a beta of 0.71. The stock’s 50-day moving average price is $38.55 and its 200-day moving average price is $37.12.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). The company had revenue of $425.85 million for the quarter, compared to the consensus estimate of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The company’s revenue was up .8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.61 earnings per share. United Dominion Realty Trust has set its FY 2026 guidance at 2.470-2.570 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. On average, equities research analysts predict that United Dominion Realty Trust will post 2.53 earnings per share for the current year.

United Dominion Realty Trust declared that its board has authorized a stock buyback program on Monday, May 4th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the real estate investment trust to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

United Dominion Realty Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.145 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Tuesday, September 15th. United Dominion Realty Trust’s dividend payout ratio is presently 118.37%.

Insider Transactions at United Dominion Realty Trust

In other 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 transaction of $3,140,000.00. Following the sale, the chief executive officer owned 810,455 shares in the company, valued at $31,810,358.75. This trade represents a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.82% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On United Dominion Realty Trust

Several hedge funds have recently modified their holdings of the stock. Empowered Funds LLC grew its stake in 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 valued at $277,000 after acquiring an additional 337 shares in the last quarter. Jane Street Group LLC increased its holdings 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 acquiring an additional 3,637 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in United Dominion Realty Trust by 1.7% in the 1st 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 acquiring an additional 986 shares during the last quarter. Hedge funds and other institutional investors 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.