Deutsche Bank AG acquired a new position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 905,562 shares of the real estate investment trust’s stock, valued at approximately $36,150,000.
Other large investors have also added to or reduced their stakes in the company. Global Retirement Partners LLC purchased a new position in United Dominion Realty Trust in the 2nd quarter worth approximately $187,000. 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 worth $277,000 after acquiring an additional 337 shares during the last quarter. State of Wyoming purchased a new position in United Dominion Realty Trust in the second quarter worth $472,000. Jane Street Group LLC raised its position in United Dominion Realty Trust by 35.0% during the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock valued at $634,000 after purchasing an additional 3,637 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new stake in United Dominion Realty Trust during the second quarter worth about $676,000. Institutional investors own 97.82% of the company’s stock.
Insider Buying and Selling
In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $39.25, for a total value of $3,140,000.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.82% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on United Dominion Realty Trust
United Dominion Realty Trust Price Performance
Shares of NYSE UDR opened at $37.79 on Friday. The firm has a market cap of $12.14 billion, a P/E ratio of 24.07, a PEG ratio of 9.60 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. 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 company has a 50 day moving average of $38.96 and a 200 day moving average of $37.44.
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 EPS for the quarter, topping 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 business had revenue of $425.40 million during the quarter, compared to analyst estimates of $423.35 million. During the same quarter last year, the company earned $0.64 EPS. The company’s quarterly revenue was up .0% compared to the same quarter last year. 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. As a group, research analysts expect that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current fiscal year.
United Dominion Realty Trust declared that its board has approved a stock 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 buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s board believes its shares are undervalued.
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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