United Dominion Realty Trust (NYSE:UDR) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of United Dominion Realty Trust (NYSE:UDR) from a hold rating to a strong-buy rating in a report published on Tuesday,Zacks.com reports.

Several other equities research analysts also recently commented on UDR. Barclays lifted their price objective on United Dominion Realty Trust from $41.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday. Mizuho upped their target price on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. Citigroup dropped their price target on shares of United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Truist Financial lowered shares of United Dominion Realty Trust from a “buy” rating to a “hold” rating and set a $41.00 price target for the company. in a research note on Wednesday, July 8th. Finally, Wells Fargo & Company boosted their price objective on shares of United Dominion Realty Trust from $39.00 to $43.00 and gave the company an “overweight” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $41.20.

United Dominion Realty Trust Stock Performance

UDR stock opened at $40.53 on Tuesday. The stock’s 50 day simple moving average is $38.67 and its 200 day simple moving average is $37.17. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 1.75. United Dominion Realty Trust has a 12-month low of $32.94 and a 12-month high of $42.00. The stock has a market capitalization of $13.17 billion, a PE ratio of 27.57, a price-to-earnings-growth ratio of 13.35 and a beta of 0.71.

United Dominion Realty Trust (NYSE:UDR) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The business had revenue of $425.85 million during the quarter, compared to the consensus estimate of $427.08 million. During the same period in the previous year, the business posted $0.61 EPS. The firm’s revenue for the quarter was up .8% on a year-over-year basis. United Dominion Realty Trust has set its FY 2026 guidance at 2.470-2.570 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. As a group, research analysts forecast that United Dominion Realty Trust will post 2.53 earnings per share for the current fiscal year.

United Dominion Realty Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.145 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 4.3%. United Dominion Realty Trust’s payout ratio is presently 118.37%.

United Dominion Realty Trust announced that its board has approved a share repurchase plan on Monday, May 4th that permits the company to buyback 25,000,000 shares. This buyback authorization permits the real estate investment trust to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the 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 transaction, the chief executive officer owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. This 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 can be accessed through the SEC website. Corporate insiders own 1.82% of the company’s stock.

Institutional Investors Weigh In On United Dominion Realty Trust

A number of large investors have recently made changes to their positions in UDR. Jane Street Group LLC increased its position in shares of United Dominion Realty Trust by 35.0% during the 1st 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 during the last quarter. Empowered Funds LLC lifted its stake in shares of United Dominion Realty Trust by 5.8% in the 1st quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock worth $277,000 after purchasing an additional 337 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings 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 worth $2,741,000 after buying an additional 986 shares during the last quarter. 97.82% of the stock is currently owned by institutional investors.

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.