United Dominion Realty Trust (NYSE:UDR) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of United Dominion Realty Trust (NYSE:UDRFree Report) to a strong-buy rating in a report published on Wednesday morning,Zacks.com reports.

Several other research analysts have also weighed in on the company. Morgan Stanley boosted their price target on United Dominion Realty Trust from $43.00 to $44.50 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft raised shares of United Dominion Realty Trust from a “hold” rating to a “buy” rating and raised their target price for the company from $39.00 to $45.00 in a research note on Monday. Evercore restated an “outperform” rating on shares of United Dominion Realty Trust in a report on Monday, June 8th. The Goldman Sachs Group dropped their price target on shares of United Dominion Realty Trust from $39.00 to $35.00 and set a “sell” rating on the stock in a research report on Friday, April 17th. Finally, Barclays increased their price target on shares of United Dominion Realty Trust from $41.00 to $46.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, United Dominion Realty Trust presently has a consensus rating of “Hold” and a consensus target price of $41.50.

Check Out Our Latest Analysis on UDR

United Dominion Realty Trust Trading Up 0.3%

United Dominion Realty Trust stock opened at $39.60 on Wednesday. The company has a market cap of $12.87 billion, a price-to-earnings ratio of 26.94, a P/E/G ratio of 13.34 and a beta of 0.71. The firm has a 50-day moving average of $38.96 and a 200-day moving average of $37.28. The company has a debt-to-equity ratio of 1.75, a current ratio of 5.56 and a quick ratio of 5.56. United Dominion Realty Trust has a one year low of $32.94 and a one year high of $42.00.

United Dominion Realty Trust (NYSE:UDRGet Free Report) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The company had revenue of $425.85 million during the quarter, compared to analyst estimates of $427.08 million. During the same period in the prior year, the firm posted $0.61 EPS. United Dominion Realty Trust’s revenue was up .8% compared to the same quarter last year. United Dominion Realty Trust has set its FY 2026 guidance at 2.470-2.570 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. On average, equities analysts expect that United Dominion Realty Trust will post 2.53 earnings per share for the current fiscal year.

United Dominion Realty Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $0.145 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 4.4%. United Dominion Realty Trust’s dividend payout ratio is presently 118.37%.

United Dominion Realty Trust announced that its board has initiated a stock buyback plan on Monday, May 4th that permits the company to repurchase 25,000,000 shares. This repurchase authorization permits the real estate investment trust to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at United Dominion Realty Trust

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $39.25, for a total value of $3,140,000.00. Following the completion of the sale, the chief executive officer owned 810,455 shares of the company’s stock, valued at $31,810,358.75. The trade was a 8.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.82% of the company’s stock.

Institutional Trading of United Dominion Realty Trust

Several large investors have recently modified their holdings of UDR. Empowered Funds LLC boosted 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 worth $277,000 after buying an additional 337 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 acquiring an additional 986 shares during the period. Finally, Jane Street Group LLC raised 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 valued at $634,000 after acquiring an additional 3,637 shares during the period. 97.82% of the stock is owned by institutional investors and hedge funds.

United Dominion Realty Trust Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for United Dominion Realty Trust (NYSE:UDR)

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