Brokerages Set United Dominion Realty Trust, Inc. (NYSE:UDR) PT at $39.82

United Dominion Realty Trust, Inc. (NYSE:UDR) has been assigned a consensus recommendation of “Hold” from the sixteen ratings firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $40.2143.

UDR has been the subject of several recent research reports. Wall Street Zen raised shares of United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. Scotiabank dropped their target price on United Dominion Realty Trust from $46.00 to $37.00 and set a “sector perform” rating for the company in a report on Tuesday, November 4th. BNP Paribas Exane downgraded United Dominion Realty Trust from an “outperform” rating to a “hold” rating in a research report on Monday, September 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of United Dominion Realty Trust in a research report on Monday, December 29th. Finally, Morgan Stanley dropped their price objective on United Dominion Realty Trust from $44.50 to $43.50 and set an “equal weight” rating for the company in a research note on Thursday, November 13th.

United Dominion Realty Trust Stock Performance

Shares of NYSE UDR opened at $37.66 on Monday. The firm has a market capitalization of $12.45 billion, a price-to-earnings ratio of 85.60, a PEG ratio of 7.84 and a beta of 0.72. United Dominion Realty Trust has a one year low of $32.94 and a one year high of $46.47. The business has a fifty day simple moving average of $36.06 and a 200 day simple moving average of $37.18. The company has a current ratio of 4.92, a quick ratio of 4.92 and a debt-to-equity ratio of 1.81.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.02. The firm had revenue of $431.86 million for the quarter, compared to analyst estimates of $430.23 million. United Dominion Realty Trust had a net margin of 8.80% and a return on equity of 4.54%. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 EPS. United Dominion Realty Trust has set its FY 2025 guidance at 2.530-2.550 EPS and its Q4 2025 guidance at 0.630-0.650 EPS. Sell-side analysts expect that United Dominion Realty Trust will post 2.51 EPS for the current year.

United Dominion Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be given a dividend of $0.43 per share. The ex-dividend date is Monday, January 12th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.6%. United Dominion Realty Trust’s dividend payout ratio (DPR) is 390.91%.

Hedge Funds Weigh In On United Dominion Realty Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its holdings in shares of United Dominion Realty Trust by 107.5% during the second quarter. Parallel Advisors LLC now owns 4,335 shares of the real estate investment trust’s stock worth $177,000 after buying an additional 2,246 shares in the last quarter. Empowered Funds LLC grew 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 acquiring an additional 337 shares during the last quarter. Jane Street Group LLC increased its holdings in United Dominion Realty Trust by 35.0% during 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 purchasing an additional 3,637 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in United Dominion Realty Trust by 1.7% during 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 purchasing an additional 986 shares in the last quarter. 97.82% of the stock is currently owned by institutional investors and hedge funds.

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.