48,677 Shares in United Dominion Realty Trust, Inc. $UDR Acquired by Danske Bank A S

Danske Bank A S purchased a new position in United Dominion Realty Trust, Inc. (NYSE:UDR) in the second quarter, HoldingsChannel.com reports. The firm purchased 48,677 shares of the real estate investment trust’s stock, valued at approximately $1,943,000.

Several other large investors also recently bought and sold shares of UDR. BlackRock Inc. purchased a new stake in shares of United Dominion Realty Trust during the second quarter valued at approximately $1,247,535,000. Bank of New York Mellon Corp acquired a new position in shares of United Dominion Realty Trust during the second quarter worth $89,660,000. Deutsche Bank AG purchased a new position in shares of United Dominion Realty Trust in the second quarter valued at $36,150,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of United Dominion Realty Trust in the second quarter valued at $24,849,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of United Dominion Realty Trust by 1.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust’s stock valued at $2,741,000 after purchasing an additional 986 shares during the period. Institutional investors and hedge funds own 97.82% of the company’s stock.

Wall Street Analyst Weigh In

UDR has been the topic of several analyst reports. Wells Fargo & Company lifted their price target on shares of United Dominion Realty Trust from $43.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Truist Financial cut shares of 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. Morgan Stanley lowered their target price on United Dominion Realty Trust from $44.50 to $42.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th. Barclays raised their target price on United Dominion Realty Trust from $41.00 to $46.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and set a $38.00 target price on shares of United Dominion Realty Trust in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $41.66.

Insider Buying and Selling at United Dominion Realty Trust

In related news, CEO Thomas W. Toomey sold 80,000 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 810,455 shares of the company’s stock, valued at $31,810,358.75. This represents a 8.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.82% of the stock is currently owned by corporate insiders.

United Dominion Realty Trust Stock Performance

Shares of UDR opened at $37.79 on Friday. The business’s fifty day moving average price is $38.96 and its 200 day moving average price is $37.44. United Dominion Realty Trust, Inc. has a 12-month low of $32.94 and a 12-month high of $42.00. The stock has a market capitalization of $12.14 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 9.60 and a beta of 0.70. The company has a debt-to-equity ratio of 2.01, a current ratio of 4.22 and a quick ratio of 4.22.

United Dominion Realty Trust (NYSE:UDR) last released its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.08. The firm 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 firm’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Equities research analysts forecast that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current year.

United Dominion Realty Trust declared that its board has approved a stock buyback plan on Monday, May 4th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the real estate investment trust to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s management 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.