Cbre Investment Management Listed Real Assets LLC Raises Stock Position in United Dominion Realty Trust, Inc. $UDR

Key Points

• Cbre Investment Management Listed Real Assets LLC increased its stock holdings in United Dominion Realty Trust by 5.0%, owning approximately 1,255,532 shares valued at $56.7 million.
• United Dominion Realty Trust reported a quarterly earnings per share of $0.64, exceeding analysts' expectations, and set its FY 2025 guidance in the range of 2.490-2.550 EPS.
• The company announced a quarterly dividend of $0.43 per share, reflecting a yield of 4.4%, with a high dividend payout ratio of 452.63%.

Cbre Investment Management Listed Real Assets LLC grew its holdings in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 5.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,255,532 shares of the real estate investment trust's stock after acquiring an additional 59,314 shares during the period. Cbre Investment Management Listed Real Assets LLC owned about 0.38% of United Dominion Realty Trust worth $56,712,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Nuveen LLC purchased a new stake in United Dominion Realty Trust in the first quarter valued at $79,487,000. Northern Trust Corp raised its holdings in United Dominion Realty Trust by 54.2% during the fourth quarter. Northern Trust Corp now owns 4,853,979 shares of the real estate investment trust's stock worth $210,711,000 after purchasing an additional 1,706,037 shares in the last quarter. Invesco Ltd. raised its holdings in United Dominion Realty Trust by 21.5% during the first quarter. Invesco Ltd. now owns 9,155,231 shares of the real estate investment trust's stock worth $413,542,000 after purchasing an additional 1,619,997 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in United Dominion Realty Trust during the fourth quarter worth about $42,073,000. Finally, Waterfront Capital Partners LLC purchased a new position in United Dominion Realty Trust during the fourth quarter worth about $26,742,000. Institutional investors and hedge funds own 97.82% of the company's stock.

United Dominion Realty Trust Trading Up 0.6%

NYSE UDR traded up $0.25 during mid-day trading on Wednesday, reaching $39.00. 2,129,941 shares of the stock were exchanged, compared to its average volume of 2,223,639. United Dominion Realty Trust, Inc. has a 1-year low of $36.61 and a 1-year high of $47.55. The business's fifty day simple moving average is $39.86 and its 200 day simple moving average is $41.45. The stock has a market capitalization of $12.92 billion, a PE ratio of 102.62, a PEG ratio of 9.74 and a beta of 0.84. The company has a debt-to-equity ratio of 1.76, a quick ratio of 5.22 and a current ratio of 5.22.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm had revenue of $423.00 million for the quarter, compared to analyst estimates of $422.64 million. During the same quarter last year, the business earned $0.62 earnings per share. United Dominion Realty Trust's 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. On average, research analysts anticipate that United Dominion Realty Trust, Inc. will post 2.51 earnings per share for the current fiscal year.

United Dominion Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th were paid a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, July 10th. This represents a $1.72 dividend on an annualized basis and a yield of 4.4%. United Dominion Realty Trust's dividend payout ratio (DPR) is currently 452.63%.

Analyst Upgrades and Downgrades

UDR has been the topic of several recent analyst reports. Scotiabank lowered their target price on shares of United Dominion Realty Trust from $51.00 to $48.00 and set a "sector perform" rating on the stock in a research report on Friday, June 13th. Evercore ISI lowered their target price on shares of United Dominion Realty Trust from $45.00 to $44.00 and set an "outperform" rating on the stock in a research report on Tuesday, August 12th. Piper Sandler restated a "neutral" rating and set a $43.00 target price (down from $48.00) on shares of United Dominion Realty Trust in a research report on Monday, August 4th. Royal Bank Of Canada upped their target price on shares of United Dominion Realty Trust from $43.00 to $44.00 and gave the stock a "sector perform" rating in a research report on Thursday, May 8th. Finally, Wall Street Zen lowered shares of United Dominion Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Six research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, United Dominion Realty Trust presently has an average rating of "Hold" and an average price target of $44.83.

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.