United Dominion Realty Trust (NYSE:UDR) Given New $45.00 Price Target at Evercore ISI

United Dominion Realty Trust (NYSE:UDR) had its target price hoisted by Evercore ISI from $44.00 to $45.00 in a report released on Monday, MarketBeat Ratings reports. The firm currently has an outperform rating on the real estate investment trust’s stock.

Other equities research analysts also recently issued research reports about the stock. Barclays decreased their target price on shares of United Dominion Realty Trust from $51.00 to $48.00 and set an “overweight” rating for the company in a research note on Tuesday, August 12th. Piper Sandler reissued a “neutral” rating and set a $43.00 price objective (down from $48.00) on shares of United Dominion Realty Trust in a research note on Monday, August 4th. Morgan Stanley lowered their target price on shares of United Dominion Realty Trust from $47.50 to $44.50 and set an “equal weight” rating for the company in a research note on Wednesday, August 13th. Wall Street Zen lowered shares of United Dominion Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Finally, Mizuho cut their price objective on shares of United Dominion Realty Trust from $45.00 to $41.00 and set a “neutral” rating on the stock in a report on Friday, May 23rd. Four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $44.38.

United Dominion Realty Trust Stock Down 1.6%

Shares of NYSE UDR opened at $37.77 on Monday. The firm has a market cap of $12.52 billion, a price-to-earnings ratio of 99.40, a PEG ratio of 9.61 and a beta of 0.88. The company has a quick ratio of 5.22, a current ratio of 5.22 and a debt-to-equity ratio of 1.76. United Dominion Realty Trust has a 52-week low of $36.61 and a 52-week high of $47.55. The business’s 50 day moving average is $39.27 and its two-hundred day moving average is $41.00.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.02. The business had revenue of $423.00 million for the quarter, compared to analysts’ expectations of $422.64 million. United Dominion Realty Trust had a return on equity of 4.11% and a net margin of 7.81%.The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period last year, the firm earned $0.62 earnings per share. United Dominion Realty Trust has set its Q3 2025 guidance at 0.620-0.640 EPS. FY 2025 guidance at 2.490-2.550 EPS. Research analysts predict that United Dominion Realty Trust will post 2.51 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UDR. Nuveen LLC acquired a new position in United Dominion Realty Trust in the 1st quarter valued at $79,487,000. Invesco Ltd. lifted its holdings in United Dominion Realty Trust by 21.5% during the 1st quarter. Invesco Ltd. now owns 9,155,231 shares of the real estate investment trust’s stock valued at $413,542,000 after purchasing an additional 1,619,997 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in United Dominion Realty Trust in the 4th quarter valued at about $42,073,000. Woodline Partners LP increased its position in United Dominion Realty Trust by 173.0% in the 1st quarter. Woodline Partners LP now owns 1,421,023 shares of the real estate investment trust’s stock valued at $64,188,000 after acquiring an additional 900,504 shares in the last quarter. Finally, Strs Ohio acquired a new stake in shares of United Dominion Realty Trust during the 1st quarter worth approximately $36,506,000. 97.82% of the stock is currently owned by institutional investors and hedge funds.

About United Dominion Realty Trust

UDR, Inc (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S.