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UDR (NYSE:UDR) VP H Andrew Cantor sold 5,038 shares of UDR stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $29.70, for a total value of $149,628.60. Following the completion of the sale, the vice president now directly owns 25,467 shares of the company’s stock, valued at approximately $756,370. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on UDR shares. Analysts at RBC Capital raised their price target on shares of UDR from $28.00 to $31.00 in a research note on Tuesday, August 5th. They now have a “sector perform” rating on the stock. Separately, analysts at Barclays raised their price target on shares of UDR from $27.00 to $29.00 in a research note on Monday, July 21st. They now have an “equal weight” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of UDR in a research note on Friday, July 18th. They now have a $30.00 price target on the stock. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $28.17.

UDR (NYSE:UDR) traded down 0.77% on Thursday, hitting $29.51. 812,230 shares of the company’s stock traded hands. UDR has a one year low of $21.96 and a one year high of $29.88. The stock has a 50-day moving average of $28.84 and a 200-day moving average of $26.91. The company has a market cap of $7.428 billion and a price-to-earnings ratio of 90.12.

UDR (NYSE:UDR) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. The company had revenue of $203.70 million for the quarter, compared to the consensus estimate of $198.40 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, analysts predict that UDR will post $1.53 earnings per share for the current fiscal year.

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.

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