United Dominion Realty Trust (NYSE:UDR – Get Free Report) was upgraded by equities research analysts at Jefferies Financial Group to a “hold” rating in a note issued to investors on Friday,Zacks.com reports.
Several other research firms have also issued reports on UDR. Barclays reduced their price target on United Dominion Realty Trust from $42.00 to $41.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Morgan Stanley increased their price objective on United Dominion Realty Trust from $43.00 to $44.50 and gave the company an “equal weight” rating in a research note on Thursday. Scotiabank cut their target price on shares of United Dominion Realty Trust from $39.00 to $38.00 and set a “sector perform” rating on the stock in a report on Thursday, May 14th. Mizuho lifted their target price on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 10th. Finally, Royal Bank Of Canada upped their price target on shares of United Dominion Realty Trust from $37.00 to $38.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $40.67.
United Dominion Realty Trust Stock Performance
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). The company had revenue of $425.85 million for the quarter, compared to the consensus estimate of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the business posted $0.61 earnings per share. 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. On average, equities analysts forecast that United Dominion Realty Trust will post 2.53 EPS for the current year.
United Dominion Realty Trust announced that its Board of Directors has approved a share buyback plan on Monday, May 4th that allows the company to buyback 25,000,000 outstanding shares. This buyback authorization allows the real estate investment trust to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.
Insider Buying and Selling at United Dominion Realty Trust
In related news, CEO Thomas W. Toomey sold 80,000 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $39.25, for a total value of $3,140,000.00. Following the completion of the transaction, the chief executive officer directly owned 810,455 shares in the company, 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 Securities & Exchange Commission, which is available through this hyperlink. 1.82% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On United Dominion Realty Trust
Several hedge funds have recently bought and sold shares of UDR. Empowered Funds LLC grew its holdings in 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 period. Jane Street Group LLC lifted its holdings in shares of United Dominion Realty Trust by 35.0% during 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 last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of United Dominion Realty Trust by 1.7% during 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 last quarter. Institutional investors 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.
Featured Articles
- Five stocks we like better than United Dominion Realty Trust
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for United Dominion Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Dominion Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
