United Dominion Realty Trust, Inc. (NYSE:UDR) Stock Now Rated “Hold” by Sell-Side Brokerages

United Dominion Realty Trust, Inc. (NYSE:UDR) has been assigned an average recommendation of “Hold” from the seventeen research firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $40.97.

UDR has been the subject of several research reports. Cantor Fitzgerald upped their price target on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Scotiabank lowered their price objective on shares of United Dominion Realty Trust from $41.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Thursday, September 17th. Morgan Stanley dropped their price objective on shares of United Dominion Realty Trust from $44.50 to $42.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 12th. Wall Street Zen upgraded shares of United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research report on Sunday, August 9th. Finally, Jefferies Financial Group raised shares of United Dominion Realty Trust to a “strong-buy” rating in a report on Wednesday, July 22nd.

Hedge Funds Weigh In On United Dominion Realty Trust

Several institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in United Dominion Realty Trust in the second quarter worth about $1,247,535,000. Canada Pension Plan Investment Board purchased a new position in shares of United Dominion Realty Trust during the 2nd quarter valued at about $219,560,000. Bank of New York Mellon Corp bought a new position in shares of United Dominion Realty Trust during the 2nd quarter valued at approximately $89,660,000. Legal & General Group Plc bought a new position in shares of United Dominion Realty Trust during the 2nd quarter valued at approximately $78,688,000. Finally, Bank of America Corp DE bought a new position in shares of United Dominion Realty Trust during the 2nd quarter valued at approximately $56,374,000. 97.82% of the stock is currently owned by hedge funds and other institutional investors.

United Dominion Realty Trust Price Performance

NYSE UDR opened at $33.30 on Friday. The stock has a market capitalization of $10.70 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 9.37 and a beta of 0.72. United Dominion Realty Trust 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. The business’s fifty day moving average price is $36.45 and its 200-day moving average price is $36.98.

United Dominion Realty Trust (NYSE:UDR) last issued its quarterly earnings data 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. The company had revenue of $425.40 million during the quarter, compared to analyst estimates of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.United Dominion Realty Trust’s revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 earnings per share. 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, equities analysts predict that United Dominion Realty Trust will post 2.53 earnings per share for the current year.

United Dominion Realty Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 15th will be paid a $0.1450 dividend. This represents a $1.74 annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Tuesday, December 15th. United Dominion Realty Trust’s dividend payout ratio is 110.83%.

About United Dominion Realty Trust

United Dominion Realty Trust, Inc (NYSE: UDR) is a real estate investment trust focused on the ownership, acquisition, development, redevelopment and management of multifamily apartment communities. The company generates revenue primarily by leasing apartment homes to residents and operates as a vertically integrated residential real estate business.

UDR’s portfolio includes apartment communities serving a range of renters, from conventional multifamily residents to customers seeking amenity-rich properties in urban and suburban locations.