United Dominion Realty Trust (NYSE:UDR) Downgraded to “Neutral” Rating by BNP Paribas Exane

BNP Paribas Exane lowered shares of United Dominion Realty Trust (NYSE:UDR) from an outperform rating to a neutral rating in a report issued on Monday, MarketBeat Ratings reports.

A number of other analysts have also commented on UDR. Evercore ISI lifted their price objective on United Dominion Realty Trust from $44.00 to $45.00 and gave the stock an “outperform” rating in a research report on Monday, September 15th. BMO Capital Markets set a $44.00 price objective on United Dominion Realty Trust in a research report on Thursday, September 4th. UBS Group lowered their price objective on United Dominion Realty Trust from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Tuesday, July 15th. Scotiabank lowered their price objective on United Dominion Realty Trust from $51.00 to $48.00 and set a “sector perform” rating for the company in a research report on Friday, June 13th. Finally, Truist Financial lowered their price objective on United Dominion Realty Trust from $46.00 to $43.00 and set a “hold” rating for the company in a research report on Tuesday, August 26th. Four equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $44.38.

United Dominion Realty Trust Stock Performance

United Dominion Realty Trust stock opened at $36.87 on Monday. The stock has a 50-day simple moving average of $38.60 and a 200 day simple moving average of $40.51. 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 12-month low of $36.61 and a 12-month high of $46.62. The stock has a market capitalization of $12.22 billion, a price-to-earnings ratio of 97.02, a P/E/G ratio of 11.13 and a beta of 0.88.

United Dominion Realty Trust (NYSE:UDR) last released its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. United Dominion Realty Trust had a return on equity of 4.11% and a net margin of 7.81%.The business had revenue of $423.00 million during the quarter, compared to analysts’ expectations of $422.64 million. During the same period in the previous year, the business posted $0.62 earnings per share. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. 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. On average, research analysts anticipate that United Dominion Realty Trust will post 2.51 earnings per share for the current fiscal year.

United Dominion Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Thursday, October 9th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Thursday, October 9th. United Dominion Realty Trust’s payout ratio is presently 452.63%.

Hedge Funds Weigh In On United Dominion Realty Trust

Institutional investors and hedge funds have recently modified their holdings of the business. GF Fund Management CO. LTD. raised its stake in shares of United Dominion Realty Trust by 4.3% in the first quarter. GF Fund Management CO. LTD. now owns 5,937 shares of the real estate investment trust’s stock valued at $268,000 after buying an additional 243 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of United Dominion Realty Trust by 4.5% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 7,864 shares of the real estate investment trust’s stock valued at $355,000 after buying an additional 336 shares during the period. Empowered Funds LLC raised its stake in shares of 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 buying an additional 337 shares during the period. Integrity Wealth Solutions LLC raised its stake in shares of United Dominion Realty Trust by 5.6% in the first quarter. Integrity Wealth Solutions LLC now owns 6,766 shares of the real estate investment trust’s stock valued at $306,000 after buying an additional 357 shares during the period. Finally, UMB Bank n.a. raised its stake in shares of United Dominion Realty Trust by 47.8% in the first quarter. UMB Bank n.a. now owns 1,342 shares of the real estate investment trust’s stock valued at $61,000 after buying an additional 434 shares during the period. 97.82% of the stock is currently owned by institutional investors and hedge funds.

United Dominion Realty Trust Company Profile

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.