United Dominion Realty Trust (NYSE:UDR) Share Price Passes Above 200-Day Moving Average – What’s Next?

United Dominion Realty Trust, Inc. (NYSE:UDR) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $36.59 and traded as high as $38.73. United Dominion Realty Trust shares last traded at $37.63, with a volume of 4,862,091 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Wall Street Zen raised shares of United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Royal Bank Of Canada boosted their target price on shares of United Dominion Realty Trust from $37.00 to $38.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Evercore reaffirmed an “outperform” rating on shares of United Dominion Realty Trust in a research report on Monday, June 8th. Scotiabank cut their price target on shares of United Dominion Realty Trust from $39.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 14th. Finally, Citigroup decreased their price target on shares of United Dominion Realty Trust from $42.00 to $40.50 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $40.60.

United Dominion Realty Trust Stock Down 2.5%

The stock has a fifty day moving average price of $36.87 and a 200-day moving average price of $36.59. The firm has a market cap of $12.23 billion, a PE ratio of 25.60, a PEG ratio of 13.04 and a beta of 0.73. The company has a debt-to-equity ratio of 1.75, a quick ratio of 5.56 and a current ratio of 5.56.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.05). The business had revenue of $425.85 million during the quarter, compared to analysts’ expectations of $427.08 million. United Dominion Realty Trust had a net margin of 28.60% and a return on equity of 15.10%. The company’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.61 EPS. 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. Research analysts expect that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current year.

United Dominion Realty Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.145 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 15th. United Dominion Realty Trust’s dividend payout ratio (DPR) is currently 118.37%.

United Dominion Realty Trust declared that its Board of Directors has approved a share buyback plan on Monday, May 4th that allows the company to repurchase 25,000,000 outstanding shares. This repurchase authorization allows the real estate investment trust to reacquire shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In related news, CEO Thomas W. Toomey sold 80,000 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $39.25, for a total transaction of $3,140,000.00. Following the completion of the sale, the chief executive officer directly owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. This represents a 8.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.82% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in 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. Jane Street Group LLC boosted its position 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 buying an additional 3,637 shares during the period. Finally, 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. 97.82% of the stock is owned by hedge funds and other institutional investors.

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.