United Dominion Realty Trust (NYSE:UDR) Rating Increased to Strong-Buy at UBS Group

United Dominion Realty Trust (NYSE:UDR) was upgraded by analysts at UBS Group to a “strong-buy” rating in a note issued to investors on Tuesday, Zacks reports.

Several other analysts have also recently commented on UDR. Barclays raised their price target on shares of United Dominion Realty Trust from $41.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Wells Fargo & Company dropped their price objective on shares of United Dominion Realty Trust from $44.00 to $43.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 1st. Jefferies Financial Group upgraded shares of United Dominion Realty Trust to a “strong-buy” rating in a research report on Wednesday, July 22nd. The Goldman Sachs Group reissued a “sell” rating and set a $38.00 target price on shares of United Dominion Realty Trust in a research note on Thursday, July 30th. Finally, Mizuho lowered their price target on shares of United Dominion Realty Trust from $41.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, September 8th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $41.23.

United Dominion Realty Trust Stock Down 1.4%

Shares of United Dominion Realty Trust stock opened at $34.41 on Tuesday. The stock has a 50-day moving average price of $37.89 and a 200 day moving average price of $37.25. The company has a market cap of $11.06 billion, a P/E ratio of 21.92, a P/E/G ratio of 8.89 and a beta of 0.70. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.01. United Dominion Realty Trust has a 1 year low of $32.94 and a 1 year high of $42.00.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.21 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $425.40 million during the quarter, compared to analyst estimates of $423.35 million. During the same period last year, the company posted $0.64 EPS. The business’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, analysts expect that United Dominion Realty Trust will post 2.53 EPS for the current fiscal year.

Institutional Trading of United Dominion Realty Trust

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

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 residential units to individuals and families.

Founded in 1972, UDR provides rental housing under its apartment community brands and supports residents through property management and related services. Its portfolio includes conventional apartment communities as well as properties offering amenities and technology-enabled services intended to enhance the resident experience.

UDR operates in selected metropolitan markets across the United States, with a focus on areas characterized by employment growth, household formation and sustained demand for rental housing.