United Dominion Realty Trust (NYSE:UDR) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of United Dominion Realty Trust, Inc. (NYSE:UDR) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $36.93 and traded as high as $37.94. United Dominion Realty Trust shares last traded at $37.62, with a volume of 5,153,381 shares changing hands.

Analyst Ratings Changes

Several research firms have recently commented on UDR. The Goldman Sachs Group upped their price target on shares of United Dominion Realty Trust from $33.00 to $37.50 and gave the company a “sell” rating in a research report on Tuesday, January 20th. Wells Fargo & Company lowered their target price on United Dominion Realty Trust from $41.00 to $39.00 and set an “overweight” rating on the stock in a research report on Monday, November 10th. Mizuho cut their price target on United Dominion Realty Trust from $40.00 to $38.00 and set a “neutral” rating for the company in a report on Monday, November 24th. Piper Sandler decreased their price objective on United Dominion Realty Trust from $43.00 to $39.00 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. Finally, Royal Bank Of Canada decreased their target price on shares of United Dominion Realty Trust from $40.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Tuesday, November 4th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, United Dominion Realty Trust presently has an average rating of “Hold” and a consensus target price of $40.21.

United Dominion Realty Trust Price Performance

The firm has a 50 day moving average of $36.46 and a 200-day moving average of $36.93. The company has a current ratio of 4.92, a quick ratio of 4.92 and a debt-to-equity ratio of 1.81. The company has a market cap of $12.43 billion, a P/E ratio of 85.50, a P/E/G ratio of 7.73 and a beta of 0.72.

United Dominion Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, January 12th. United Dominion Realty Trust’s payout ratio is 390.91%.

Institutional Trading of United Dominion Realty Trust

Hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC lifted its stake 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 worth $277,000 after purchasing an additional 337 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake 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 valued at $2,741,000 after buying an additional 986 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of United Dominion Realty Trust by 35.0% during the 1st quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock valued at $634,000 after buying an additional 3,637 shares during the period. Hedge funds and other institutional investors own 97.82% of the company’s stock.

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.