Ieq Capital LLC Acquires New Position in United Dominion Realty Trust, Inc. $UDR

Ieq Capital LLC acquired a new stake in United Dominion Realty Trust, Inc. (NYSE:UDR) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 30,703 shares of the real estate investment trust’s stock, valued at approximately $1,226,000.

Other institutional investors have also bought and sold shares of the company. Addison Advisors LLC acquired a new position in shares of United Dominion Realty Trust during the 2nd quarter worth approximately $58,000. Allworth Financial LP purchased a new position in United Dominion Realty Trust during the second quarter worth approximately $106,000. Global Retirement Partners LLC acquired a new position in United Dominion Realty Trust during the second quarter worth $187,000. 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 buying an additional 337 shares during the last quarter. Finally, BOK Financial Private Wealth Inc. purchased a new stake in United Dominion Realty Trust in the 2nd quarter valued at $377,000. 97.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UDR has been the subject of several analyst reports. Scotiabank increased their price target on shares of United Dominion Realty Trust from $38.00 to $41.00 and gave the company a “sector perform” rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. upped their price target on United Dominion Realty Trust from $39.00 to $41.00 and gave the company an “underweight” rating in a research note on Tuesday, August 4th. Wells Fargo & Company boosted their target price on United Dominion Realty Trust from $43.00 to $44.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. The Goldman Sachs Group reissued a “sell” rating and issued a $38.00 price objective on shares of United Dominion Realty Trust in a research note on Thursday, July 30th. Finally, Mizuho increased their price target on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $41.66.

United Dominion Realty Trust Stock Down 0.5%

Shares of NYSE:UDR opened at $37.97 on Thursday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.01. The firm’s 50-day simple moving average is $38.95 and its 200-day simple moving average is $37.46. United Dominion Realty Trust, Inc. has a fifty-two week low of $32.94 and a fifty-two week high of $42.00. The company has a market cap of $12.20 billion, a price-to-earnings ratio of 24.18, a PEG ratio of 9.72 and a beta of 0.70.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 EPS for the quarter, beating the consensus estimate of $0.13 by $0.08. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The business had revenue of $425.40 million during the quarter, compared to analysts’ expectations of $423.35 million. During the same period last year, the firm earned $0.64 EPS. The company’s quarterly revenue was up .0% compared to the same quarter last year. 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, equities research analysts predict that United Dominion Realty Trust, Inc. will post 2.53 earnings per share 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 outstanding shares. This buyback authorization authorizes the real estate investment trust to reacquire 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.

Insider Activity at United Dominion Realty Trust

In other news, CEO Thomas W. Toomey sold 80,000 shares of United Dominion Realty Trust 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 directly owned 810,455 shares in the company, valued at $31,810,358.75. The trade was a 8.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.82% of the stock is currently owned by insiders.

United Dominion Realty Trust 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.