48,677 Shares in United Dominion Realty Trust, Inc. $UDR Purchased by Danske Bank A S

Key Points

• Danske Bank acquired 48,677 UDR shares worth approximately $1.94 million in the second quarter, joining other institutional investors. Institutions and hedge funds collectively own 97.82% of UDR’s outstanding stock.
• UDR reported quarterly EPS of $0.21, beating the $0.13 consensus estimate, while revenue of $425.4 million slightly exceeded expectations. The company maintained 2026 EPS guidance of $2.49 to $2.57 and authorized a 25 million-share buyback.
• Analyst sentiment remains mixed, with UDR carrying a consensus “Hold” rating and an average price target of $41.66 versus its recent $37.79 share price. CEO Thomas W. Toomey sold 80,000 shares, reducing his direct position by 8.98%.

Danske Bank A S bought a new stake in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 48,677 shares of the real estate investment trust's stock, valued at approximately $1,943,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in United Dominion Realty Trust by 1.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust's stock worth $2,741,000 after acquiring an additional 986 shares during the period. Empowered Funds LLC lifted its stake in shares of United Dominion Realty Trust by 5.8% during the 1st 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 during the period. Jane Street Group LLC boosted its holdings in shares of United Dominion Realty Trust by 35.0% during the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust's stock worth $634,000 after purchasing an additional 3,637 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in shares of United Dominion Realty Trust during the second quarter worth $676,000. Finally, State of Wyoming purchased a new stake in shares of United Dominion Realty Trust in the second quarter valued at $472,000. 97.82% of the stock is currently owned by hedge funds and other institutional investors.

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.

United Dominion Realty Trust Trading Up 0.3%

Shares of UDR stock opened at $37.79 on Friday. The stock has a market cap of $12.14 billion, a price-to-earnings ratio of 24.07, a price-to-earnings-growth ratio of 9.60 and a beta of 0.70. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.01. United Dominion Realty Trust, Inc. has a fifty-two week low of $32.94 and a fifty-two week high of $42.00. The firm's 50 day moving average price is $38.96 and its two-hundred day moving average price is $37.44.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.08. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The company had revenue of $425.40 million during the quarter, compared to analyst estimates of $423.35 million. During the same quarter in the prior year, the business earned $0.64 earnings per share. The business's quarterly revenue was up .0% compared to the same quarter last year. United Dominion Realty Trust has set its FY 2026 guidance at 2.490-2.570 EPS and its Q3 2026 guidance at 0.640-0.640 EPS. On average, analysts anticipate that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current year.

United Dominion Realty Trust declared that its Board of Directors has approved a share buyback program on Monday, May 4th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the real estate investment trust to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on UDR shares. Evercore reiterated an "outperform" rating on shares of United Dominion Realty Trust in a research note on Monday, June 8th. Truist Financial lowered United Dominion Realty Trust from a "buy" rating to a "hold" rating and set a $41.00 price target on the stock. in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $44.00 price target on shares of United Dominion Realty Trust in a report on Friday, August 14th. Wall Street Zen raised shares of United Dominion Realty Trust from a "sell" rating to a "hold" rating in a research note on Sunday, August 9th. Finally, Cantor Fitzgerald increased their price objective on shares of United Dominion Realty Trust from $39.00 to $41.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, United Dominion Realty Trust has an average rating of "Hold" and a consensus price target of $41.66.

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.

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