United Dominion Realty Trust (NYSE:UDR) CEO Thomas Toomey Sells 80,000 Shares

United Dominion Realty Trust, Inc. (NYSE:UDR) CEO Thomas 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 value of $3,140,000.00. Following the sale, the chief executive officer owned 810,455 shares in the company, valued at approximately $31,810,358.75. The trade was a 8.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

United Dominion Realty Trust Trading Down 1.5%

Shares of United Dominion Realty Trust stock traded down $0.58 on Monday, hitting $38.62. 3,565,631 shares of the company’s stock traded hands, compared to its average volume of 4,342,462. United Dominion Realty Trust, Inc. has a one year low of $32.94 and a one year high of $42.22. The company has a debt-to-equity ratio of 1.75, a current ratio of 5.56 and a quick ratio of 5.56. The company has a fifty day moving average of $36.12 and a two-hundred day moving average of $36.40. The company has a market capitalization of $12.55 billion, a price-to-earnings ratio of 26.27, a price-to-earnings-growth ratio of 13.24 and a beta of 0.73.

United Dominion Realty Trust (NYSE:UDR) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.05). United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The business had revenue of $425.85 million for the quarter, compared to the consensus estimate of $427.08 million. During the same quarter in the previous year, the company earned $0.61 EPS. The firm’s revenue for the quarter was up .8% on a year-over-year basis. United Dominion Realty Trust has set its FY 2026 guidance at 2.470-2.570 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. As a group, sell-side analysts expect 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 has authorized a share repurchase program on Monday, May 4th that permits the company to buyback 25,000,000 outstanding shares. This buyback authorization permits the real estate investment trust to repurchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its shares are undervalued.

United Dominion Realty Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.145 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 15th. United Dominion Realty Trust’s dividend payout ratio is 118.37%.

Analysts Set New Price Targets

A number of research firms recently weighed in on UDR. Cantor Fitzgerald dropped their price target on United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Weiss Ratings restated a “hold (c)” rating on shares of United Dominion Realty Trust in a research note on Friday, March 27th. Barclays lowered their price objective on shares of United Dominion Realty Trust from $42.00 to $41.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Wells Fargo & Company lifted their price objective on shares of United Dominion Realty Trust from $39.00 to $43.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Finally, Piper Sandler boosted their target price on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Five investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $40.40.

Institutional Investors Weigh In On United Dominion Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC increased its position in shares of United Dominion Realty Trust by 35.0% in the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock valued at $634,000 after buying an additional 3,637 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of United Dominion Realty Trust by 1.7% in the first 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 buying an additional 986 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of United Dominion Realty Trust by 5.8% in the first quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock valued at $277,000 after buying an additional 337 shares in the last quarter. 97.82% of the stock is owned by hedge funds and other institutional investors.

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.