United Dominion Realty Trust (NYSE:UDR) CEO Sells $3,140,000.00 in Stock

United Dominion Realty Trust, Inc. (NYSE:UDR) CEO Thomas Toomey sold 80,000 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $39.25, for a total value 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 approximately $31,810,358.75. This represents a 8.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

United Dominion Realty Trust Stock Performance

Shares of UDR opened at $39.35 on Thursday. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 1.75. The business’s 50 day moving average price is $36.44 and its 200-day moving average price is $36.50. United Dominion Realty Trust, Inc. has a 52 week low of $32.94 and a 52 week high of $42.10. The stock has a market cap of $12.79 billion, a P/E ratio of 26.77, a P/E/G ratio of 13.30 and a beta of 0.73.

United Dominion Realty Trust (NYSE:UDR) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The company had revenue of $425.85 million during the quarter, compared to the consensus estimate of $427.08 million. During the same period in the prior year, the firm earned $0.61 earnings per share. The business’s revenue for the quarter was up .8% compared to the same quarter last year. 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. Equities research analysts anticipate that United Dominion Realty Trust, Inc. will post 2.53 earnings per share for the current fiscal year.

United Dominion Realty Trust announced that its Board of Directors has approved a share repurchase program on Monday, May 4th that authorizes the company to repurchase 25,000,000 outstanding shares. This repurchase authorization authorizes the real estate investment trust to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

United Dominion Realty Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $0.145 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 15th. United Dominion Realty Trust’s payout ratio is currently 118.37%.

Wall Street Analysts Forecast Growth

UDR has been the topic of a number of analyst reports. Wells Fargo & Company boosted their price target on United Dominion Realty Trust from $39.00 to $43.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Wall Street Zen raised United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Cantor Fitzgerald lowered their price objective on United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Weiss Ratings reissued a “hold (c)” rating on shares of United Dominion Realty Trust in a report on Friday, March 27th. Finally, Scotiabank reduced their target price on United Dominion Realty Trust from $39.00 to $38.00 and set a “sector perform” rating for the company in a report on Thursday, May 14th. Five research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $40.60.

Institutional Trading of United Dominion Realty Trust

Institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings 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 worth $2,741,000 after purchasing an additional 986 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of United Dominion Realty Trust by 35.0% during the 1st 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 during the period. Finally, Empowered Funds LLC lifted its holdings in shares of United Dominion Realty Trust by 5.8% during the 1st 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 during the period. Institutional investors own 97.82% of the company’s stock.

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.