The Manufacturers Life Insurance Company Makes New Investment in United Dominion Realty Trust, Inc. $UDR

The Manufacturers Life Insurance Company acquired a new stake in shares of United Dominion Realty Trust, Inc. (NYSE:UDR) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 236,904 shares of the real estate investment trust’s stock, valued at approximately $9,457,000. The Manufacturers Life Insurance Company owned 0.07% of United Dominion Realty Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insider Buying and Selling at United Dominion Realty Trust

In related news, CEO Thomas W. Toomey sold 80,000 shares of the stock in a transaction dated 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 directly owned 810,455 shares in the company, valued at $31,810,358.75. This trade represents a 8.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.82% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on UDR. Wall Street Zen upgraded United Dominion Realty Trust from a “sell” rating to a “hold” rating in a report on Sunday, August 9th. JPMorgan Chase & Co. increased their price objective on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock an “underweight” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $44.00 price objective on shares of United Dominion Realty Trust in a research report on Friday, August 14th. 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 note on Wednesday, June 10th. Finally, The Goldman Sachs Group restated a “sell” rating and set a $38.00 target price on shares of United Dominion Realty Trust in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, United Dominion Realty Trust currently has an average rating of “Hold” and a consensus price target of $41.66.

United Dominion Realty Trust Trading Up 0.3%

NYSE UDR opened at $37.19 on Friday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.01. United Dominion Realty Trust, Inc. has a twelve month low of $32.94 and a twelve month high of $42.00. The firm has a market capitalization of $11.95 billion, a PE ratio of 23.69, a P/E/G ratio of 9.45 and a beta of 0.70. The stock’s 50 day moving average is $38.93 and its 200 day moving average is $37.46.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.08. The business 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%.The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.64 earnings per share. 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. Research analysts forecast that United Dominion Realty Trust, Inc. will post 2.53 earnings per share for the current fiscal year.

United Dominion Realty Trust announced that its Board of Directors has authorized a share buyback program on Monday, May 4th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the real estate investment trust to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its shares are undervalued.

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.