UDR VP Warren L. Troupe 400 Shares (UDR)
UDR (NYSE:UDR) VP Warren L. Troupe 400 shares of UDR stock in a transaction dated Tuesday, July 8th. Following the , the vice president now directly owns 571,426 shares of the company’s stock, valued at approximately $16,291,355. The was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of UDR (NYSE:UDR) traded up 0.21% on Friday, hitting $28.50. The stock had a trading volume of 662,066 shares. UDR has a 1-year low of $21.96 and a 1-year high of $28.87. The stock has a 50-day moving average of $27.99 and a 200-day moving average of $26.04. The company has a market cap of $7.166 billion and a P/E ratio of 119.00.
UDR (NYSE:UDR) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.36 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.36. The company had revenue of $198.04 million for the quarter, compared to the consensus estimate of $191.82 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. The company’s quarterly revenue was up 7.1% on a year-over-year basis. On average, analysts predict that UDR will post $1.51 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, July 31st. Investors of record on Thursday, July 10th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 3.65%. The ex-dividend date is Tuesday, July 8th.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of UDR from $28.00 to $29.00 in a research note on Friday, June 20th. They now have an “overweight” rating on the stock. Separately, analysts at TheStreet upgraded shares of UDR from a “hold” rating to a “buy” rating in a research note on Friday, May 9th. Finally, analysts at Citigroup Inc. reiterated a “hold” rating on shares of UDR in a research note on Friday, May 2nd. They now have a $27.00 price target on the stock. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. UDR presently has an average rating of “Buy” and a consensus target price of $26.50.
UDR, Inc (NYSE:UDR) is a self administered real estate investment trust (REIT), which owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities located throughout the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.