Hsbc Holdings PLC Has $36.93 Million Stake in United Dominion Realty Trust, Inc. $UDR

Key Points

• Hsbc Holdings PLC increased its stake in United Dominion Realty Trust by 4.2% in the first quarter, acquiring an additional 33,224 shares, bringing its total holdings to 818,155 shares valued at approximately $36.93 million.
• United Dominion Realty Trust recently reported a quarterly earnings per share (EPS) of $0.64, exceeding analysts' expectations of $0.62, and a 2.4% year-over-year revenue growth.
• The company's quarterly dividend of $0.43 per share results in an annualized dividend yield of 4.4%, although the payout ratio stands at a high 452.63%.

Hsbc Holdings PLC increased its holdings in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 4.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 818,155 shares of the real estate investment trust's stock after purchasing an additional 33,224 shares during the period. Hsbc Holdings PLC owned approximately 0.25% of United Dominion Realty Trust worth $36,930,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Spire Wealth Management lifted its position in United Dominion Realty Trust by 3,079.2% during the 1st quarter. Spire Wealth Management now owns 763 shares of the real estate investment trust's stock worth $34,000 after acquiring an additional 739 shares during the last quarter. Sentry Investment Management LLC acquired a new position in shares of United Dominion Realty Trust during the first quarter valued at about $47,000. Horizon Financial Services LLC acquired a new position in United Dominion Realty Trust in the first quarter worth about $51,000. National Pension Service raised its position in United Dominion Realty Trust by 2,553.5% in the first quarter. National Pension Service now owns 1,141 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 1,098 shares in the last quarter. Finally, Continuum Advisory LLC raised its position in 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 worth $55,000 after purchasing an additional 351 shares in the last quarter. Institutional investors and hedge funds own 97.82% of the company's stock.

United Dominion Realty Trust Trading Down 0.2%

Shares of NYSE UDR traded down $0.09 during midday trading on Thursday, reaching $38.89. 266,617 shares of the stock were exchanged, compared to its average volume of 2,211,895. The business has a 50-day simple moving average of $39.82 and a two-hundred day simple moving average of $41.43. The company has a market capitalization of $12.89 billion, a price-to-earnings ratio of 102.30, a P/E/G ratio of 9.69 and a beta of 0.84. 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 debt-to-equity ratio of 1.76, a current ratio of 5.22 and a quick ratio of 5.22.

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 for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. The company had revenue of $423.00 million for the quarter, compared to analysts' expectations of $422.64 million. United Dominion Realty Trust had a net margin of 7.81% and a return on equity of 4.11%. The business's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the firm 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. As a group, equities research analysts expect that United Dominion Realty Trust, Inc. will post 2.51 EPS for the current year.

United Dominion Realty Trust Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on UDR shares. UBS Group dropped 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 report on Tuesday, July 15th. Mizuho lowered 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. Scotiabank lowered their price target on shares of United Dominion Realty Trust from $51.00 to $48.00 and set a "sector perform" rating for the company in a report on Friday, June 13th. Truist Financial reduced their price objective on shares of United Dominion Realty Trust from $46.00 to $43.00 and set a "hold" rating on the stock in a research note on Tuesday. Finally, Wells Fargo & Company reduced their price objective on shares of United Dominion Realty Trust from $48.00 to $42.00 and set an "overweight" rating on the stock in a research note on Wednesday. Six investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $44.83.

United Dominion Realty Trust 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.