United Dominion Realty Trust, Inc. $UDR Shares Sold by Amundi

Key Points

• Amundi reduced its stake in United Dominion Realty Trust by 27.5%, dropping its holdings to approximately 1.2 million shares worth around $52 million.
• Wall Street analysts have **downgraded** their price targets for UDR, with the average target set at $45.04 and ratings ranging from "Buy" to "Hold."
• United Dominion Realty Trust announced a quarterly dividend of $0.43 per share, resulting in an annualized yield of 4.4% despite a high payout ratio of 452.63%.

Amundi lowered its position in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 27.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,200,303 shares of the real estate investment trust's stock after selling 454,876 shares during the period. Amundi owned approximately 0.36% of United Dominion Realty Trust worth $52,453,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stifel Financial Corp grew its position in United Dominion Realty Trust by 10.0% during the 4th 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 during the last quarter. Algert Global LLC grew its position in United Dominion Realty Trust by 23.1% during the 4th 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 during the last quarter. Ameriprise Financial Inc. grew its position in United Dominion Realty Trust by 2.8% during the 4th quarter. Ameriprise Financial Inc. now owns 468,421 shares of the real estate investment trust's stock worth $20,334,000 after purchasing an additional 12,795 shares during the last quarter. BNP Paribas Financial Markets grew its position in United Dominion Realty Trust by 20.4% during the 4th quarter. BNP Paribas Financial Markets now owns 496,585 shares of the real estate investment trust's stock worth $21,557,000 after purchasing an additional 84,303 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in United Dominion Realty Trust by 9.3% during the 4th quarter. Captrust Financial Advisors now owns 21,139 shares of the real estate investment trust's stock worth $918,000 after purchasing an additional 1,794 shares during the last quarter. Hedge funds and other institutional investors own 97.82% of the company's stock.

United Dominion Realty Trust Stock Performance

NYSE UDR traded down $0.56 on Friday, hitting $38.36. 1,777,679 shares of the company's stock traded hands, compared to its average volume of 2,208,002. The company has a current ratio of 5.22, a quick ratio of 5.22 and a debt-to-equity ratio of 1.76. United Dominion Realty Trust, Inc. has a 1-year low of $36.61 and a 1-year high of $47.55. The firm's 50-day moving average price is $39.33 and its two-hundred day moving average price is $41.09. The firm has a market capitalization of $12.71 billion, a PE ratio of 100.95, a P/E/G ratio of 9.74 and a beta of 0.88.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.64 EPS for the quarter, beating the consensus estimate of $0.62 by $0.02. United Dominion Realty Trust had a net margin of 7.81% and a return on equity of 4.11%. The business had revenue of $423.00 million during the quarter, compared to analysts' expectations of $422.64 million. During the same period in the previous year, the business posted $0.62 EPS. The business's quarterly revenue was up 2.4% compared to the same quarter last year. 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. As a group, analysts expect that United Dominion Realty Trust, Inc. will post 2.51 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on UDR. Mizuho dropped their target price on shares of United Dominion Realty Trust from $45.00 to $41.00 and set a "neutral" rating on the stock in a research report on Friday, May 23rd. BMO Capital Markets set a $44.00 target price on shares of United Dominion Realty Trust in a research report on Thursday, September 4th. Piper Sandler reissued a "neutral" rating and set a $43.00 target price (down previously from $48.00) on shares of United Dominion Realty Trust in a research report on Monday, August 4th. UBS Group decreased their price objective on shares of United Dominion Realty Trust from $50.00 to $45.00 and set a "buy" rating for the company in a research note on Tuesday, July 15th. Finally, Morgan Stanley decreased their price objective on shares of United Dominion Realty Trust from $47.50 to $44.50 and set an "equal weight" rating for the company in a research note on Wednesday, August 13th. Five analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, United Dominion Realty Trust has an average rating of "Hold" and a consensus price target of $44.73.

United Dominion Realty Trust 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.