Hsbc Holdings PLC Buys New Shares in United Dominion Realty Trust, Inc. $UDR

Hsbc Holdings PLC purchased a new stake in shares of United Dominion Realty Trust, Inc. (NYSE:UDR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,009,608 shares of the real estate investment trust’s stock, valued at approximately $40,318,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of United Dominion Realty Trust during the 2nd quarter valued at about $1,247,535,000. Canada Pension Plan Investment Board bought a new position in shares of United Dominion Realty Trust during the 2nd quarter valued at approximately $219,560,000. Bank of New York Mellon Corp purchased a new stake in United Dominion Realty Trust in the 2nd quarter worth approximately $89,660,000. Legal & General Group Plc purchased a new stake in United Dominion Realty Trust in the 2nd quarter worth approximately $78,688,000. Finally, Deutsche Bank AG bought a new stake in United Dominion Realty Trust during the 2nd quarter worth approximately $36,150,000. Hedge funds and other institutional investors own 97.82% of the company’s stock.

Insider Buying and Selling at United Dominion Realty Trust

In related news, CEO Thomas W. Toomey sold 80,000 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer directly owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. This trade represents a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.82% of the company’s stock.

United Dominion Realty Trust Stock Down 0.5%

NYSE UDR opened at $37.97 on Thursday. United Dominion Realty Trust, Inc. has a 12 month low of $32.94 and a 12 month high of $42.00. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.01. The stock has a market cap of $12.20 billion, a PE ratio of 24.18, a P/E/G ratio of 9.72 and a beta of 0.70. The stock’s 50 day moving average is $38.95 and its 200 day moving average is $37.46.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.08. The business had revenue of $425.40 million during the quarter, compared to analyst estimates of $423.35 million. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The company’s revenue was up .0% on a year-over-year basis. During the same period last year, the firm posted $0.64 EPS. 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. Research analysts predict that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current fiscal year.

United Dominion Realty Trust announced that its Board of Directors has initiated a stock buyback program on Monday, May 4th that permits the company to repurchase 25,000,000 outstanding shares. This repurchase authorization permits the real estate investment trust to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

Several equities analysts have weighed in on UDR shares. Jefferies Financial Group raised shares of United Dominion Realty Trust to a “strong-buy” rating in a report on Wednesday, July 22nd. Citigroup reduced their price objective 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. Royal Bank Of Canada raised their price objective on shares of United Dominion Realty Trust from $37.00 to $38.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 6th. Evercore restated an “outperform” rating on shares of United Dominion Realty Trust in a research note on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $44.00 target price on shares of United Dominion Realty Trust in a report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, United Dominion Realty Trust presently has a consensus rating of “Hold” and an average price target of $41.66.

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.