252,165 Shares in United Dominion Realty Trust, Inc. $UDR Purchased by Eisler Capital Management Ltd.

Key Points

• Eisler Capital Management Ltd. acquired 252,165 shares of United Dominion Realty Trust, Inc. valued at approximately $11.39 million during the 1st quarter of the year.
• The company reported a Q2 earnings per share (EPS) of $0.64, exceeding analysts' expectations of $0.62, with a revenue of $423 million for the quarter.
• United Dominion Realty Trust recently declared a quarterly dividend of $0.43 per share, yielding 4.4%, with a payout ratio of 452.63%.

Eisler Capital Management Ltd. acquired a new position in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 252,165 shares of the real estate investment trust's stock, valued at approximately $11,390,000. Eisler Capital Management Ltd. owned approximately 0.08% of United Dominion Realty Trust at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Ieq Capital LLC boosted its position in United Dominion Realty Trust by 0.7% in the 1st quarter. Ieq Capital LLC now owns 74,886 shares of the real estate investment trust's stock worth $3,383,000 after purchasing an additional 532 shares in the last quarter. Harvest Portfolios Group Inc. boosted its position in United Dominion Realty Trust by 9.1% in the 1st quarter. Harvest Portfolios Group Inc. now owns 35,817 shares of the real estate investment trust's stock worth $1,618,000 after purchasing an additional 2,998 shares in the last quarter. MetLife Investment Management LLC boosted its position in United Dominion Realty Trust by 91.5% in the 1st quarter. MetLife Investment Management LLC now owns 169,993 shares of the real estate investment trust's stock worth $7,679,000 after purchasing an additional 81,215 shares in the last quarter. Jump Financial LLC purchased a new stake in United Dominion Realty Trust in the 1st quarter worth approximately $213,000. Finally, Cbre Investment Management Listed Real Assets LLC lifted its position in shares of United Dominion Realty Trust by 5.0% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,255,532 shares of the real estate investment trust's stock valued at $56,712,000 after buying an additional 59,314 shares in the last quarter. Hedge funds and other institutional investors own 97.82% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on UDR shares. Mizuho decreased their target price on 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. Evercore ISI decreased their target price on 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 reiterated 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. Wells Fargo & Company decreased their target price on United Dominion Realty Trust from $48.00 to $42.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 27th. Finally, Truist Financial decreased their target price on United Dominion Realty Trust from $46.00 to $43.00 and set a "hold" rating on the stock in a research report on Tuesday, August 26th. 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. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $44.83.

United Dominion Realty Trust Trading Up 1.5%

Shares of UDR traded up $0.60 during midday trading on Monday, reaching $39.60. The company had a trading volume of 2,551,720 shares, compared to its average volume of 1,952,593. United Dominion Realty Trust, Inc. has a 1-year low of $36.61 and a 1-year high of $47.55. The stock has a market cap of $13.12 billion, a PE ratio of 104.20, a price-to-earnings-growth ratio of 9.91 and a beta of 0.88. The firm has a 50 day simple moving average of $39.74 and a 200-day simple moving average of $41.37. The company has a quick ratio of 5.22, a current ratio of 5.22 and a debt-to-equity ratio of 1.76.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last issued 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 return on equity of 4.11% and a net margin of 7.81%.The business had revenue of $423.00 million during the quarter, compared to the consensus estimate of $422.64 million. During the same period last year, the company earned $0.62 EPS. The company's revenue for the quarter 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. Research analysts forecast that United Dominion Realty Trust, Inc. will post 2.51 EPS for the current fiscal year.

United Dominion Realty Trust Announces Dividend

The business also recently announced 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 of this dividend was Thursday, July 10th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.3%. United Dominion Realty Trust's dividend payout ratio (DPR) is 452.63%.

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.