United Dominion Realty Trust (NYSE:UDR – Get Free Report) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Sunday.
Several other equities research analysts also recently commented on UDR. Barclays boosted their target price on United Dominion Realty Trust from $41.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Weiss Ratings restated a “hold (c)” rating on shares of United Dominion Realty Trust in a report on Wednesday, June 24th. Royal Bank Of Canada lifted their price target on United Dominion Realty Trust from $37.00 to $38.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 6th. Evercore reiterated an “outperform” rating on shares of United Dominion Realty Trust in a research note on Monday, June 8th. Finally, Scotiabank increased their price objective on shares of United Dominion Realty Trust from $38.00 to $41.00 and gave the company a “sector perform” rating in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have given 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 stock currently has a consensus rating of “Hold” and a consensus price target of $41.88.
Get Our Latest Report on United Dominion Realty Trust
United Dominion Realty Trust Trading Down 2.0%
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last announced its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.08. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The business had revenue of $425.40 million during the quarter, compared to the consensus estimate of $423.35 million. During the same quarter last year, the firm earned $0.64 earnings per share. The business’s revenue for the quarter was up .0% on a year-over-year basis. 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. As a group, analysts forecast that United Dominion Realty Trust will post 2.54 EPS for the current fiscal year.
United Dominion Realty Trust announced that its board has initiated a share buyback plan on Monday, May 4th that permits the company to buyback 25,000,000 shares. This buyback authorization permits the real estate investment trust to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.
Insider Activity at United Dominion Realty Trust
In other news, CEO Thomas W. Toomey sold 80,000 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $39.25, for a total transaction of $3,140,000.00. Following the completion of the sale, the chief executive officer owned 810,455 shares of the company’s stock, valued at $31,810,358.75. This represents a 8.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.82% of the stock is owned by insiders.
Institutional Trading of United Dominion Realty Trust
Several large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in United Dominion Realty Trust in the second quarter worth approximately $1,247,535,000. Bank of New York Mellon Corp bought a new stake in shares of United Dominion Realty Trust during the 2nd quarter valued at $89,660,000. Deutsche Bank AG purchased a new stake in shares of United Dominion Realty Trust in the 2nd quarter worth $36,150,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of United Dominion Realty Trust in the 2nd quarter worth $24,849,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new position in United Dominion Realty Trust in the 2nd quarter worth $8,962,000. 97.82% of the stock is currently owned by institutional investors.
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.
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