United Dominion Realty Trust (NYSE:UDR) Stock Rating Lowered by Wall Street Zen

United Dominion Realty Trust (NYSE:UDR) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Several other analysts have also recently weighed in on UDR. Cantor Fitzgerald raised their price objective on shares of United Dominion Realty Trust from $37.00 to $42.00 and gave the company a “neutral” rating in a research report on Wednesday, February 11th. Morgan Stanley reduced their target price on United Dominion Realty Trust from $44.50 to $43.50 and set an “equal weight” rating on the stock in a research note on Thursday, November 13th. Evercore reaffirmed an “outperform” rating on shares of United Dominion Realty Trust in a research note on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of United Dominion Realty Trust in a report on Monday, December 29th. Finally, Piper Sandler raised their price objective on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday. Five analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $40.89.

United Dominion Realty Trust Stock Down 1.6%

Shares of NYSE UDR opened at $37.12 on Friday. The company has a current ratio of 4.48, a quick ratio of 4.92 and a debt-to-equity ratio of 1.79. The business has a 50-day moving average of $37.06 and a 200-day moving average of $36.79. The firm has a market capitalization of $12.20 billion, a price-to-earnings ratio of 32.85, a PEG ratio of 12.66 and a beta of 0.72. United Dominion Realty Trust has a 12 month low of $32.94 and a 12 month high of $46.47.

Institutional Investors Weigh In On United Dominion Realty Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UDR. Empowered Funds LLC boosted its position in 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 valued at $277,000 after buying an additional 337 shares during the period. Jane Street Group LLC raised its stake in shares of 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 acquiring an additional 3,637 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of United Dominion Realty Trust by 1.7% during 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 purchasing an additional 986 shares during the period. 97.82% of the stock is currently owned by institutional investors.

About United Dominion Realty Trust

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.