United Dominion Realty Trust, Inc. (NYSE:UDR) Receives $40.82 Average Price Target from Analysts

United Dominion Realty Trust, Inc. (NYSE:UDR) has been given a consensus rating of “Hold” by the fifteen ratings firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $40.8214.

A number of equities research analysts have recently commented on the stock. Truist Financial reduced their price objective on shares of United Dominion Realty Trust from $42.00 to $41.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Wall Street Zen lowered shares of United Dominion Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Mizuho cut their price target on shares of United Dominion Realty Trust from $40.00 to $38.00 and set a “neutral” rating on the stock in a research report on Monday, November 24th. Piper Sandler increased their price target on United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, February 17th. Finally, UBS Group lifted their price objective on United Dominion Realty Trust from $41.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th.

Hedge Funds Weigh In On United Dominion Realty Trust

Several institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 valued at $2,741,000 after acquiring an additional 986 shares in the last quarter. 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. Finally, Jane Street Group LLC boosted its stake in United Dominion Realty Trust by 35.0% during the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock worth $634,000 after acquiring an additional 3,637 shares in the last quarter. 97.82% of the stock is owned by institutional investors and hedge funds.

United Dominion Realty Trust Stock Performance

NYSE:UDR opened at $36.00 on Tuesday. The company has a market capitalization of $11.83 billion, a PE ratio of 31.86, a P/E/G ratio of 12.14 and a beta of 0.71. The company has a 50 day simple moving average of $37.33 and a two-hundred day simple moving average of $36.68. The company has a debt-to-equity ratio of 1.79, a quick ratio of 4.48 and a current ratio of 4.48. United Dominion Realty Trust has a fifty-two week low of $32.94 and a fifty-two week high of $45.56.

United Dominion Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were paid a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.72 annualized dividend and a yield of 4.8%. United Dominion Realty Trust’s dividend payout ratio (DPR) is currently 152.21%.

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.