UDR, Inc. (NYSE:UDR) Shares Acquired by Barclays PLC

Barclays PLC increased its position in shares of UDR, Inc. (NYSE:UDR - Free Report) by 21.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 745,619 shares of the real estate investment trust's stock after acquiring an additional 129,350 shares during the quarter. Barclays PLC owned about 0.23% of UDR worth $32,367,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of UDR by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 50,809,731 shares of the real estate investment trust's stock worth $2,205,650,000 after purchasing an additional 180,551 shares during the last quarter. Norges Bank purchased a new position in UDR during the fourth quarter valued at approximately $1,273,442,000. FMR LLC lifted its holdings in UDR by 10.5% in the fourth quarter. FMR LLC now owns 12,592,458 shares of the real estate investment trust's stock valued at $546,639,000 after acquiring an additional 1,191,432 shares during the period. Geode Capital Management LLC grew its position in shares of UDR by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 7,924,151 shares of the real estate investment trust's stock valued at $343,129,000 after acquiring an additional 220,293 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of UDR by 5.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,774,541 shares of the real estate investment trust's stock valued at $352,498,000 after purchasing an additional 368,087 shares in the last quarter. Institutional investors and hedge funds own 97.84% of the company's stock.

UDR Trading Down 0.1 %

Shares of NYSE:UDR traded down $0.05 during trading on Thursday, reaching $41.75. 428,756 shares of the company traded hands, compared to its average volume of 2,173,588. UDR, Inc. has a 52-week low of $36.61 and a 52-week high of $47.55. The firm has a market capitalization of $13.83 billion, a price-to-earnings ratio of 166.54, a P/E/G ratio of 8.67 and a beta of 0.78. The business's fifty day moving average is $42.84 and its 200-day moving average is $43.17. The company has a current ratio of 5.61, a quick ratio of 5.91 and a debt-to-equity ratio of 1.71.

UDR (NYSE:UDR - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.53. UDR had a net margin of 5.36% and a return on equity of 2.65%. As a group, analysts forecast that UDR, Inc. will post 2.51 EPS for the current year.

UDR Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date is Thursday, April 10th. This is a positive change from UDR's previous quarterly dividend of $0.43. UDR's dividend payout ratio is presently 688.00%.

Insiders Place Their Bets

In other UDR news, CEO Thomas W. Toomey sold 25,000 shares of UDR stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $42.75, for a total transaction of $1,068,750.00. Following the completion of the transaction, the chief executive officer now directly owns 824,716 shares of the company's stock, valued at $35,256,609. The trade was a 2.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.39% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on UDR shares. Zelman & Associates restated a "neutral" rating on shares of UDR in a research report on Thursday, February 13th. Royal Bank of Canada raised their price objective on UDR from $43.00 to $44.00 and gave the company a "sector perform" rating in a report on Friday, February 7th. Evercore ISI upped their target price on shares of UDR from $43.00 to $45.00 and gave the stock an "in-line" rating in a report on Monday, February 10th. StockNews.com upgraded shares of UDR from a "sell" rating to a "hold" rating in a report on Thursday, February 6th. Finally, Scotiabank lifted their price objective on UDR from $48.00 to $49.00 and gave the company a "sector perform" rating in a research note on Friday, February 14th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $46.12.

UDR Company Profile

UDR, Inc NYSE: UDR, an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S.