GSA Capital Partners LLP purchased a new position in United Dominion Realty Trust, Inc. (NYSE:UDR – Free Report) in the second quarter, Holdings Channel.com reports. The fund purchased 16,937 shares of the real estate investment trust’s stock, valued at approximately $676,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. 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. Jane Street Group LLC boosted its position in 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 worth $634,000 after purchasing an additional 3,637 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings 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 worth $2,741,000 after buying an additional 986 shares during the last quarter. Hedge funds and other institutional investors own 97.82% of the company’s stock.
United Dominion Realty Trust Trading Up 1.1%
Shares of NYSE UDR opened at $37.48 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 business has a fifty day simple moving average of $39.02 and a two-hundred day simple moving average of $37.43. The firm has a market cap of $12.04 billion, a PE ratio of 23.87, a price-to-earnings-growth ratio of 9.45 and a beta of 0.70. United Dominion Realty Trust, Inc. has a twelve month low of $32.94 and a twelve month high of $42.00.
United Dominion Realty Trust announced that its board has authorized a share buyback program on Monday, May 4th that allows the company to repurchase 25,000,000 shares. This repurchase authorization allows the real estate investment trust to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.
Wall Street Analysts Forecast Growth
UDR has been the subject of several recent research reports. Wells Fargo & Company boosted their price target on United Dominion Realty Trust from $43.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Citigroup cut their target price on shares of United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Evercore restated an “outperform” rating on shares of United Dominion Realty Trust in a report on Monday, June 8th. Morgan Stanley reduced their target price on shares of United Dominion Realty Trust from $44.50 to $42.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $44.00 target price on shares of United Dominion Realty Trust in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $41.66.
View Our Latest Report on United Dominion Realty Trust
Insider Buying and Selling at United Dominion Realty Trust
In related news, CEO Thomas W. Toomey sold 80,000 shares of the company’s stock in a transaction on Friday, June 5th. The stock was 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. This represents a 8.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.82% of the stock is owned by company insiders.
United Dominion Realty Trust News Roundup
Here are the key news stories impacting United Dominion Realty Trust this week:
- Positive Sentiment: Zacks’ revised FY2026 EPS forecast of $2.54 remains slightly above the current analyst consensus of $2.53. The company also recently exceeded quarterly EPS expectations, reporting $0.21 versus the $0.13 consensus, while revenue was slightly ahead of forecasts.
- Neutral Sentiment: The revised estimates imply continued earnings growth over time, with Zacks projecting FY2027 EPS of $2.61 and FY2028 EPS of $2.72. However, the reports do not identify a new company-specific catalyst behind the stock’s recent strength.
- Negative Sentiment: Zacks Research cut its estimates for Q4 2026 EPS to $0.64 from $0.65 and FY2026 EPS to $2.54 from $2.56. It also reduced Q1 2027 EPS to $0.63 from $0.64, Q3 2027 EPS to $0.64 from $0.65, and FY2027 EPS to $2.61 from $2.63.
- Negative Sentiment: Longer-term forecasts were also trimmed: Q1 2028 EPS fell to $0.64 from $0.66, Q2 2028 EPS to $0.69 from $0.70, and FY2028 EPS to $2.72 from $2.76. The broad-based reductions may weigh on sentiment because they point to slightly weaker expected operating performance.
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.
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