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

United Dominion Realty Trust (NYSE:UDRGet Free Report) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Several other analysts have also recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of United Dominion Realty Trust in a report on Wednesday, June 24th. Morgan Stanley upped their price objective on shares of United Dominion Realty Trust from $43.00 to $44.50 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Evercore reiterated an “outperform” rating on shares of United Dominion Realty Trust in a research report on Monday, June 8th. Scotiabank lifted their target price on shares of United Dominion Realty Trust from $38.00 to $41.00 and gave the company a “sector perform” rating in a research note on Thursday, July 9th. Finally, Cantor Fitzgerald lowered their price target on shares of United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $41.20.

Get Our Latest Stock Report on UDR

United Dominion Realty Trust Stock Down 0.5%

Shares of United Dominion Realty Trust stock opened at $39.99 on Tuesday. The stock has a 50-day moving average price of $38.55 and a 200 day moving average price of $37.12. The company has a market cap of $12.99 billion, a P/E ratio of 27.21, a P/E/G ratio of 13.57 and a beta of 0.71. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 1.75. United Dominion Realty Trust has a 1 year low of $32.94 and a 1 year high of $42.00.

United Dominion Realty Trust (NYSE:UDRGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The business had revenue of $425.85 million for the quarter, compared to analyst estimates of $427.08 million. During the same quarter in the previous year, the business posted $0.61 earnings per share. The company’s revenue was up .8% compared to the same quarter last year. 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. As a group, analysts expect that United Dominion Realty Trust will post 2.53 EPS for the current fiscal year.

United Dominion Realty Trust announced that its Board of Directors has initiated a share repurchase program on Monday, May 4th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the real estate investment trust to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $39.25, for a total transaction of $3,140,000.00. Following the transaction, 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.82% of the stock is currently owned by company insiders.

Institutional Trading of United Dominion Realty Trust

A number of institutional investors and hedge funds have recently modified their holdings of the company. Empowered Funds LLC raised its stake in shares of United Dominion Realty Trust by 5.8% in the first 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in United Dominion Realty Trust by 1.7% in the first 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 buying an additional 986 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in United Dominion Realty Trust by 35.0% in the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock valued at $634,000 after buying an additional 3,637 shares during the last quarter. 97.82% of the stock is currently owned by institutional investors and hedge funds.

United Dominion Realty Trust Company Profile

(Get Free Report)

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.

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