United Dominion Realty Trust, Inc. $UDR Shares Acquired by Cbre Investment Management Listed Real Assets LLC

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

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. GF Fund Management CO. LTD. increased its holdings in shares of United Dominion Realty Trust by 4.3% in the first quarter. GF Fund Management CO. LTD. now owns 5,937 shares of the real estate investment trust's stock valued at $268,000 after purchasing an additional 243 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of United Dominion Realty Trust by 4.5% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 7,864 shares of the real estate investment trust's stock valued at $355,000 after purchasing an additional 336 shares during the last quarter. Continuum Advisory LLC increased its holdings in shares of United Dominion Realty Trust by 38.0% in the fourth quarter. Continuum Advisory LLC now owns 1,275 shares of the real estate investment trust's stock valued at $55,000 after purchasing an additional 351 shares during the last quarter. Integrity Wealth Solutions LLC increased its holdings in shares of United Dominion Realty Trust by 5.6% in the first quarter. Integrity Wealth Solutions LLC now owns 6,766 shares of the real estate investment trust's stock valued at $306,000 after purchasing an additional 357 shares during the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of United Dominion Realty Trust by 47.8% in the first quarter. UMB Bank n.a. now owns 1,342 shares of the real estate investment trust's stock valued at $61,000 after purchasing an additional 434 shares during the last quarter. Institutional investors and hedge funds own 97.82% of the company's stock.

United Dominion Realty Trust Stock Down 0.5%

NYSE:UDR traded down $0.18 during midday trading on Thursday, reaching $38.80. The company had a trading volume of 405,184 shares, compared to its average volume of 2,212,794. United Dominion Realty Trust, Inc. has a 12-month low of $36.61 and a 12-month high of $47.55. The company has a current ratio of 5.22, a quick ratio of 5.22 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $12.86 billion, a price-to-earnings ratio of 102.12, a PEG ratio of 9.69 and a beta of 0.84. The stock's fifty day simple moving average is $39.82 and its 200-day simple moving average is $41.43.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.02. United Dominion Realty Trust had a return on equity of 4.11% and a net margin of 7.81%.The company had revenue of $423.00 million for the quarter, compared to analysts' expectations of $422.64 million. During the same period last year, the firm earned $0.62 earnings per share. United Dominion Realty Trust's quarterly revenue was up 2.4% on a year-over-year basis. 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, sell-side 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 firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th were paid a $0.43 dividend. The ex-dividend date 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%.

Wall Street Analyst Weigh In

Several research firms recently commented on UDR. Truist Financial cut their price target on United Dominion Realty Trust from $46.00 to $43.00 and set a "hold" rating for the company in a report on Tuesday. Morgan Stanley cut their target price on 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. Wells Fargo & Company cut their target price on United Dominion Realty Trust from $48.00 to $42.00 and set an "overweight" rating for the company in a research note on Wednesday. Scotiabank cut their target price on United Dominion Realty Trust from $51.00 to $48.00 and set a "sector perform" rating for the company in a research note on Friday, June 13th. Finally, UBS Group cut their target price on 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. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $44.83.

About United Dominion Realty Trust

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.