905,562 Shares in United Dominion Realty Trust, Inc. $UDR Acquired by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 905,562 UDR shares in the second quarter, valued at approximately $36.2 million and representing about 0.28% of the multifamily REIT. Institutional investors collectively own 97.82% of UDR.
• Analyst sentiment remains mixed but leans positive: Barclays raised its price target to $46, while the broader consensus rating is “Hold” with a $41.66 target price.
• UDR exceeded quarterly earnings expectations, reporting $0.21 in EPS versus a $0.13 estimate and $425.4 million in revenue. The board also authorized repurchases of up to 25 million shares, while CEO Thomas W. Toomey sold 80,000 shares.

Deutsche Bank AG bought a new stake in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 905,562 shares of the real estate investment trust's stock, valued at approximately $36,150,000. Deutsche Bank AG owned approximately 0.28% of United Dominion Realty Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position 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 worth $2,741,000 after purchasing an additional 986 shares in the last quarter. Empowered Funds LLC lifted its holdings 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 acquiring an additional 337 shares in the last quarter. Jane Street Group LLC lifted its holdings in 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 acquiring an additional 3,637 shares in the last quarter. GSA Capital Partners LLP acquired a new position in United Dominion Realty Trust in the second quarter valued at about $676,000. Finally, State of Wyoming acquired a new position in United Dominion Realty Trust in the second quarter valued at about $472,000. 97.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on UDR shares. Barclays raised their price target on United Dominion Realty Trust from $41.00 to $46.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 14th. Evercore reiterated an "outperform" rating on shares of United Dominion Realty Trust in a report on Monday, June 8th. Weiss Ratings reissued a "hold (c)" rating on shares of United Dominion Realty Trust in a research report on Wednesday, June 24th. Citigroup reduced their price objective on United Dominion Realty Trust from $42.00 to $40.50 and set a "neutral" rating for the company in a research report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $44.00 price target on shares of United Dominion Realty Trust in a research note on Friday, August 14th. One investment 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 issued a Sell rating to the company. According to MarketBeat, United Dominion Realty Trust presently has an average rating of "Hold" and a consensus target price of $41.66.

United Dominion Realty Trust Stock Up 0.3%

Shares of NYSE UDR opened at $37.79 on Friday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 4.22 and a current ratio of 4.22. The stock has a market capitalization of $12.14 billion, a P/E ratio of 24.07, a PEG ratio of 9.60 and a beta of 0.70. The stock's fifty day moving average is $38.96 and its 200 day moving average is $37.44. United Dominion Realty Trust, Inc. has a 52 week low of $32.94 and a 52 week high of $42.00.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last released its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.08. The firm had revenue of $425.40 million during the quarter, compared to analysts' expectations of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The company's quarterly revenue was up .0% on a year-over-year basis. During the same period in the prior year, the company earned $0.64 earnings per share. 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. Sell-side analysts forecast that United Dominion Realty Trust, Inc. will post 2.53 earnings per share for the current fiscal year.

United Dominion Realty Trust announced that its board has authorized a stock repurchase plan on Monday, May 4th that authorizes the company to repurchase 25,000,000 shares. This repurchase authorization authorizes the real estate investment trust to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

Insider Activity at United Dominion Realty Trust

In other news, CEO Thomas W. Toomey sold 80,000 shares of the company's stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $39.25, for a total value of $3,140,000.00. Following the completion of the transaction, the chief executive officer owned 810,455 shares of the company's stock, valued at $31,810,358.75. This represents a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.82% of the company's stock.

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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