Barclays Issues Pessimistic Forecast for United Dominion Realty Trust (NYSE:UDR) Stock Price

United Dominion Realty Trust (NYSE:UDR) had its target price decreased by investment analysts at Barclays from $44.00 to $42.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Barclays‘s price objective would suggest a potential upside of 12.72% from the stock’s previous close.

A number of other analysts also recently weighed in on the stock. The Goldman Sachs Group restated a “sell” rating and issued a $39.00 target price on shares of United Dominion Realty Trust in a report on Thursday, February 12th. Royal Bank Of Canada lifted their price target on United Dominion Realty Trust from $38.00 to $39.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 10th. Weiss Ratings reissued a “hold (c)” rating on shares of United Dominion Realty Trust in a research note on Monday, December 29th. Scotiabank upped their price objective on United Dominion Realty Trust from $37.00 to $39.00 and gave the company a “sector perform” rating in a research report on Wednesday. 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 research note on Tuesday, February 17th. Five analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $40.82.

United Dominion Realty Trust Stock Down 1.1%

NYSE UDR opened at $37.26 on Friday. The stock has a 50 day moving average price of $37.35 and a 200-day moving average price of $36.73. United Dominion Realty Trust has a one year low of $32.94 and a one year high of $45.73. The company has a debt-to-equity ratio of 1.79, a quick ratio of 4.48 and a current ratio of 4.48. The company has a market capitalization of $12.24 billion, a P/E ratio of 32.97, a P/E/G ratio of 12.49 and a beta of 0.71.

Institutional Trading of United Dominion Realty Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC boosted its position in shares of United Dominion Realty Trust by 5.8% during 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. Jane Street Group LLC raised its holdings in shares of United Dominion Realty Trust by 35.0% in the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock worth $634,000 after buying an additional 3,637 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 period. 97.82% of the stock is owned by hedge funds and other 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.