Pacific Sun Financial Corp Invests $614,000 in United Dominion Realty Trust, Inc. $UDR

Pacific Sun Financial Corp bought a new stake in shares of United Dominion Realty Trust, Inc. (NYSE:UDR) during the second quarter, Holdings Channel.com reports. The fund bought 15,369 shares of the real estate investment trust’s stock, valued at approximately $614,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in United Dominion Realty Trust in the second quarter worth about $1,247,535,000. Bank of New York Mellon Corp bought a new stake in United Dominion Realty Trust during the 2nd quarter valued at approximately $89,660,000. Deutsche Bank AG purchased a new position in shares of United Dominion Realty Trust during the 2nd quarter worth approximately $36,150,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of United Dominion Realty Trust during the 2nd quarter worth approximately $24,849,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new position in shares of United Dominion Realty Trust in the 2nd quarter worth approximately $8,962,000. Hedge funds and other institutional investors own 97.82% of the company’s stock.

Insider Buying and Selling

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 completion of the sale, the chief executive officer directly owned 810,455 shares in the company, valued at approximately $31,810,358.75. This trade represents a 8.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.82% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on UDR shares. Truist Financial lowered United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 price objective for the company. in a research report on Wednesday, July 8th. JPMorgan Chase & Co. upped their target price on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the stock an “underweight” rating in a research report on Tuesday, August 4th. Scotiabank increased their price target on shares of United Dominion Realty Trust from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 9th. The Goldman Sachs Group reissued a “sell” rating and set a $38.00 price target on shares of United Dominion Realty Trust in a research report on Thursday, July 30th. Finally, Morgan Stanley dropped their price objective on shares of United Dominion Realty Trust from $44.50 to $42.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $41.66.

United Dominion Realty Trust Stock Performance

Shares of UDR opened at $37.18 on Wednesday. The company has a market cap of $11.95 billion, a price-to-earnings ratio of 23.68, a P/E/G ratio of 9.65 and a beta of 0.70. The business’s fifty day simple moving average is $39.06 and its two-hundred day simple moving average is $37.42. 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.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.08. The firm had revenue of $425.40 million during the quarter, compared to analysts’ expectations of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The company’s revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 earnings per share. 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 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 initiated a share repurchase plan on Monday, May 4th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the real estate investment trust to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

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.