United Dominion Realty Trust (NYSE:UDR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of United Dominion Realty Trust (NYSE:UDR) from a sell rating to a hold rating in a report released on Saturday morning.

UDR has been the subject of several other research reports. The Goldman Sachs Group cut their target price on United Dominion Realty Trust from $37.00 to $33.00 and set a “sell” rating for the company in a research note on Tuesday, November 4th. BNP Paribas Exane lowered shares of United Dominion Realty Trust from an “outperform” rating to a “neutral” rating in a report on Monday, September 29th. Wells Fargo & Company reduced their target price on shares of United Dominion Realty Trust from $41.00 to $39.00 and set an “overweight” rating on the stock in a report on Monday, November 10th. Truist Financial decreased their target price on shares of United Dominion Realty Trust from $43.00 to $41.00 and set a “hold” rating on the stock in a research report on Monday, December 1st. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $37.00 price target on shares of United Dominion Realty Trust in a research report on Monday, January 5th. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $39.82.

United Dominion Realty Trust Stock Down 1.7%

Shares of NYSE:UDR opened at $36.21 on Friday. The firm has a market capitalization of $11.97 billion, a PE ratio of 82.30, a price-to-earnings-growth ratio of 7.77 and a beta of 0.72. The company has a debt-to-equity ratio of 1.81, a quick ratio of 4.92 and a current ratio of 4.92. United Dominion Realty Trust has a 52-week low of $32.94 and a 52-week high of $46.47. The firm has a fifty day moving average of $35.69 and a 200 day moving average of $37.33.

United Dominion Realty Trust (NYSE:UDR) last released its quarterly earnings results on Monday, June 3rd. The real estate investment trust reported $0.60 earnings per share for the quarter. United Dominion Realty Trust had a return on equity of 4.54% and a net margin of 8.80%.The business had revenue of $399.55 million for the quarter. 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. As a group, research analysts anticipate that United Dominion Realty Trust will post 2.51 EPS for the current fiscal year.

United Dominion Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Monday, January 12th. This represents a $1.72 annualized dividend and a dividend yield of 4.8%. United Dominion Realty Trust’s dividend payout ratio (DPR) is presently 390.91%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UDR. Empowered Funds LLC boosted its stake in United Dominion Realty Trust by 5.8% during the first 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of United Dominion Realty Trust by 1.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust’s stock worth $2,741,000 after purchasing an additional 986 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of United Dominion Realty Trust by 107.5% in the 2nd quarter. Parallel Advisors LLC now owns 4,335 shares of the real estate investment trust’s stock worth $177,000 after purchasing an additional 2,246 shares in the last quarter. Jane Street Group LLC grew its stake in shares of United Dominion Realty Trust by 35.0% in the 1st quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock worth $634,000 after buying an additional 3,637 shares during the last quarter. Finally, Advisors Capital Management LLC bought a new position in United Dominion Realty Trust during the 1st quarter valued at approximately $229,000. 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.