United Dominion Realty Trust (NYSE:UDR) Downgraded to Sell Rating by Wall Street Zen

United Dominion Realty Trust (NYSE:UDR) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

A number of other research analysts also recently issued reports on the stock. UBS Group boosted their price objective on shares of United Dominion Realty Trust from $41.00 to $42.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. The Goldman Sachs Group reiterated a “sell” rating and set a $39.00 price target on shares of United Dominion Realty Trust in a research report on Thursday, February 12th. Barclays lowered their price objective on shares of United Dominion Realty Trust from $45.00 to $44.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Morgan Stanley reduced their target price on United Dominion Realty Trust from $44.50 to $43.50 and set an “equal weight” rating on the stock in a report on Thursday, November 13th. Finally, Cantor Fitzgerald increased their target price on United Dominion Realty Trust from $37.00 to $42.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 11th. Five investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $40.89.

United Dominion Realty Trust Price Performance

UDR opened at $37.12 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 4.92 and a current ratio of 4.48. The stock has a market capitalization of $12.20 billion, a PE ratio of 32.85, a price-to-earnings-growth ratio of 12.66 and a beta of 0.72. The stock’s 50 day moving average price is $37.06 and its 200-day moving average price is $36.79. United Dominion Realty Trust has a 52-week low of $32.94 and a 52-week high of $46.47.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UDR. Empowered Funds LLC raised its stake in 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 last quarter. Jane Street Group LLC grew its stake 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 acquiring an additional 3,637 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of United Dominion Realty Trust by 1.7% during 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 acquiring an additional 986 shares in the last quarter. Institutional investors own 97.82% of the company’s stock.

About United Dominion Realty Trust

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.