United Dominion Realty Trust, Inc. (NYSE:UDR) Given Average Rating of “Hold” by Brokerages

Shares of United Dominion Realty Trust, Inc. (NYSE:UDR) have received a consensus rating of “Hold” from the fifteen analysts that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $40.8214.

Several equities research analysts have recently commented on the stock. The Goldman Sachs Group reiterated a “sell” rating and set a $39.00 price objective on shares of United Dominion Realty Trust in a research note on Thursday, February 12th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $40.00 target price (down from $42.00) on shares of United Dominion Realty Trust in a research report on Thursday, December 18th. Royal Bank Of Canada raised their target price on United Dominion Realty Trust from $38.00 to $39.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 10th. Scotiabank lifted their price target on United Dominion Realty Trust from $37.00 to $39.00 and gave the stock a “sector perform” rating in a research report on Wednesday, March 4th. Finally, Wall Street Zen downgraded United Dominion Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st.

United Dominion Realty Trust Stock Performance

Shares of United Dominion Realty Trust stock opened at $35.40 on Tuesday. The company has a 50 day moving average price of $37.30 and a 200 day moving average price of $36.64. The firm has a market capitalization of $11.63 billion, a P/E ratio of 31.33, a PEG ratio of 11.95 and a beta of 0.71. The company has a quick ratio of 4.48, a current ratio of 4.48 and a debt-to-equity ratio of 1.79. United Dominion Realty Trust has a 52 week low of $32.94 and a 52 week high of $45.56.

United Dominion Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.9%. United Dominion Realty Trust’s payout ratio is 152.21%.

Hedge Funds Weigh In On United Dominion Realty Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC raised its position in 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 buying an additional 337 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of 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. boosted its holdings in shares of 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. Institutional investors and hedge funds own 97.82% of the company’s stock.

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.