Wall Street Zen downgraded shares of United Dominion Realty Trust (NYSE:UDR – Free Report) from a hold rating to a sell rating in a report issued on Saturday.
Other equities analysts have also issued reports about the company. Citigroup decreased their price objective on United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Truist Financial downgraded shares of United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 target price on the stock. in a report on Wednesday, July 8th. Scotiabank raised their target price on shares of United Dominion Realty Trust from $38.00 to $41.00 and gave the stock a “sector perform” rating in a report on Thursday, July 9th. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $38.00 price target on shares of United Dominion Realty Trust in a research note on Thursday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of United Dominion Realty Trust in a report on Wednesday, June 24th. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, United Dominion Realty Trust has a consensus rating of “Hold” and an average price target of $41.69.
Check Out Our Latest Analysis on UDR
United Dominion Realty Trust Stock Performance
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last posted its earnings results 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. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The firm had revenue of $425.40 million during the quarter, compared to analysts’ expectations of $423.35 million. During the same period in the previous year, the firm earned $0.64 earnings per share. The company’s revenue was up .0% on a year-over-year basis. 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. On average, research analysts predict that United Dominion Realty Trust will post 2.53 EPS for the current year.
United Dominion Realty Trust declared that its Board of Directors has authorized a stock buyback plan on Monday, May 4th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the real estate investment trust to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Insider Buying and Selling at United Dominion Realty Trust
In related news, CEO Thomas W. Toomey sold 80,000 shares of United Dominion Realty Trust stock in a transaction dated 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 sale, the chief executive officer owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. The trade was a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.82% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Empowered Funds LLC grew its stake in 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 purchasing an additional 337 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of United Dominion Realty Trust by 1.7% during 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. Finally, Jane Street Group LLC raised its stake 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 worth $634,000 after purchasing an additional 3,637 shares in the last quarter. 97.82% of the stock is owned by institutional investors and hedge funds.
About United Dominion Realty Trust
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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