Share on StockTwits

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 transaction of $149,628.60. Following the sale, the vice president now directly owns 25,467 shares in the company, valued at approximately $756,370. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of UDR (NYSE:UDR) opened at 29.47 on Monday. UDR has a 52-week low of $21.96 and a 52-week high of $29.88. The stock has a 50-day moving average of $28.87 and a 200-day moving average of $26.95. The company has a market cap of $7.418 billion and a price-to-earnings ratio of 89.42.

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. Analysts expect that UDR will post $1.53 EPS for the current fiscal year.

UDR has been the subject of a number of recent research reports. 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 research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $28.17.

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.