Alliancebernstein L.P. grew its stake in shares of United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 0.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,348,974 shares of the real estate investment trust's stock after acquiring an additional 12,488 shares during the period. Alliancebernstein L.P. owned about 0.41% of United Dominion Realty Trust worth $60,933,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the stock. Stifel Financial Corp grew its stake in United Dominion Realty Trust by 10.0% in the fourth quarter. Stifel Financial Corp now owns 10,113 shares of the real estate investment trust's stock worth $439,000 after purchasing an additional 919 shares in the last quarter. Algert Global LLC grew its stake in United Dominion Realty Trust by 23.1% in the fourth quarter. Algert Global LLC now owns 12,000 shares of the real estate investment trust's stock worth $521,000 after purchasing an additional 2,250 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of United Dominion Realty Trust by 2.8% in the 4th quarter. Ameriprise Financial Inc. now owns 468,421 shares of the real estate investment trust's stock worth $20,334,000 after acquiring an additional 12,795 shares in the last quarter. Captrust Financial Advisors grew its position in shares of United Dominion Realty Trust by 9.3% in the 4th quarter. Captrust Financial Advisors now owns 21,139 shares of the real estate investment trust's stock worth $918,000 after acquiring an additional 1,794 shares in the last quarter. Finally, Deutsche Bank AG grew its position in shares of United Dominion Realty Trust by 56.6% in the 4th quarter. Deutsche Bank AG now owns 1,451,122 shares of the real estate investment trust's stock worth $62,993,000 after acquiring an additional 524,623 shares in the last quarter. 97.82% of the stock is owned by institutional investors and hedge funds.
United Dominion Realty Trust Stock Performance
Shares of UDR traded down $0.61 during midday trading on Friday, hitting $38.31. 350,272 shares of the stock traded hands, compared to its average volume of 2,239,490. United Dominion Realty Trust, Inc. has a 1-year low of $36.61 and a 1-year high of $47.55. The firm has a market capitalization of $12.69 billion, a PE ratio of 100.79, a price-to-earnings-growth ratio of 9.56 and a beta of 0.88. The company has a debt-to-equity ratio of 1.76, a quick ratio of 5.22 and a current ratio of 5.22. The business's 50 day moving average price is $39.38 and its two-hundred day moving average price is $41.13.
United Dominion Realty Trust (NYSE:UDR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.02. The company had revenue of $423.00 million during the quarter, compared to the consensus estimate of $422.64 million. United Dominion Realty Trust had a net margin of 7.81% and a return on equity of 4.11%. The company's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 earnings per share. United Dominion Realty Trust has set its Q3 2025 guidance at 0.620-0.640 EPS. FY 2025 guidance at 2.490-2.550 EPS. Equities research analysts predict that United Dominion Realty Trust, Inc. will post 2.51 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Wall Street Zen lowered United Dominion Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Truist Financial decreased their price objective on shares of United Dominion Realty Trust from $46.00 to $43.00 and set a "hold" rating for the company in a report on Tuesday, August 26th. Mizuho decreased their price target on shares of United Dominion Realty Trust from $45.00 to $41.00 and set a "neutral" rating for the company in a report on Friday, May 23rd. Piper Sandler reaffirmed a "neutral" rating and issued a $43.00 price target (down from $48.00) on shares of United Dominion Realty Trust in a report on Monday, August 4th. Finally, BMO Capital Markets set a $44.00 target price on United Dominion Realty Trust in a research note on Thursday, September 4th. Five analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $44.73.
Check Out Our Latest Research Report on UDR
United Dominion Realty Trust Company Profile
(
Free Report)
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.
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