United Dominion Realty Trust (NYSE:UDR) CEO Thomas Toomey Sells 80,000 Shares of Stock

United Dominion Realty Trust, Inc. (NYSE:UDR) CEO Thomas Toomey sold 80,000 shares of the company’s 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 directly owned 810,455 shares of the company’s stock, 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 SEC, which is available through the SEC website.

United Dominion Realty Trust Stock Performance

Shares of UDR stock opened at $38.62 on Tuesday. United Dominion Realty Trust, Inc. has a one year low of $32.94 and a one year high of $42.22. The company has a debt-to-equity ratio of 1.75, a quick ratio of 5.56 and a current ratio of 5.56. The company has a 50 day moving average price of $36.21 and a 200 day moving average price of $36.43. The firm has a market capitalization of $12.55 billion, a price-to-earnings ratio of 26.27, a price-to-earnings-growth ratio of 13.24 and a beta of 0.73.

United Dominion Realty Trust (NYSE:UDR) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 EPS for the quarter, missing the consensus estimate 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 company had revenue of $425.85 million for the quarter, compared to analyst estimates of $427.08 million. During the same period last year, the company posted $0.61 EPS. The business’s revenue for the quarter was up .8% on a year-over-year basis. 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. Sell-side analysts anticipate 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 approved a stock 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 buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

United Dominion Realty Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.145 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 4.5%. United Dominion Realty Trust’s dividend payout ratio is 118.37%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on UDR. Scotiabank decreased their price objective on shares of United Dominion Realty Trust from $39.00 to $38.00 and set a “sector perform” rating for the company in a research note on Thursday, May 14th. Wells Fargo & Company boosted their price objective on shares of United Dominion Realty Trust from $39.00 to $43.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Evercore reiterated an “outperform” rating on shares of United Dominion Realty Trust in a research note on Monday. Cantor Fitzgerald decreased their price objective on shares of United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of United Dominion Realty Trust in a research note on Friday, March 27th. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $40.40.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of 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 purchasing an additional 986 shares during the period. Empowered Funds LLC boosted 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 valued at $277,000 after purchasing an additional 337 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of 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 purchasing an additional 3,637 shares during the period. 97.82% of the stock is currently owned by hedge funds and other institutional investors.

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.