188,181 Shares in United Dominion Realty Trust, Inc. $UDR Acquired by Jupiter Topco LLC

Jupiter Topco LLC acquired a new stake in United Dominion Realty Trust, Inc. (NYSE:UDR) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 188,181 shares of the real estate investment trust’s stock, valued at approximately $7,516,000. Jupiter Topco LLC owned about 0.06% of United Dominion Realty Trust at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in UDR. BlackRock Inc. acquired a new stake in shares of United Dominion Realty Trust in the 2nd quarter valued at $1,247,535,000. Canada Pension Plan Investment Board acquired a new position in shares of United Dominion Realty Trust during the 2nd quarter worth $219,560,000. Bank of New York Mellon Corp bought a new stake in shares of United Dominion Realty Trust during the 2nd quarter worth $89,660,000. Legal & General Group Plc bought a new stake in shares of United Dominion Realty Trust during the 2nd quarter worth $78,688,000. Finally, Hsbc Holdings PLC acquired a new stake in United Dominion Realty Trust in the second quarter valued at about $40,318,000. 97.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UDR has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of 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 restated a “buy” rating and issued a $44.00 target price on shares of United Dominion Realty Trust in a research report on Friday, August 14th. Wall Street Zen upgraded shares of United Dominion Realty Trust from a “sell” rating to a “hold” rating in a report on Sunday, August 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of United Dominion Realty Trust in a report on Wednesday, June 24th. Finally, Scotiabank increased their price target on 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. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $41.66.

United Dominion Realty Trust Stock Up 0.2%

Shares of NYSE UDR opened at $37.19 on Monday. The company has a 50 day simple moving average of $38.93 and a 200 day simple moving average of $37.46. The firm has a market cap of $11.95 billion, a PE ratio of 23.69, a price-to-earnings-growth ratio of 9.45 and a beta of 0.70. United Dominion Realty Trust, Inc. has a 1 year low of $32.94 and a 1 year high of $42.00. The company has a debt-to-equity ratio of 2.01, a current ratio of 4.22 and a quick ratio of 4.22.

United Dominion Realty Trust (NYSE:UDR) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 EPS for the quarter, topping the consensus estimate of $0.13 by $0.08. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The business had revenue of $425.40 million for the quarter, compared to the consensus estimate of $423.35 million. During the same period last year, the company earned $0.64 EPS. The firm’s revenue was up .0% compared to the same quarter last year. 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. On average, research analysts forecast that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current year.

United Dominion Realty Trust declared that its Board of Directors has initiated a stock buyback 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 repurchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In other news, CEO Thomas W. Toomey sold 80,000 shares of United Dominion Realty Trust stock in a transaction 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 transaction, the chief executive officer owned 810,455 shares in the company, valued at approximately $31,810,358.75. The trade was a 8.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.82% of the company’s stock.

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.