IFM Investors Pty Ltd Reduces Holdings in United Dominion Realty Trust, Inc. $UDR

Key Points

• IFM Investors Pty Ltd has reduced its stake in United Dominion Realty Trust by 7.1%, now holding 128,960 shares worth approximately $5.83 million.
• Several hedge funds, including Vanguard Group and Invesco Ltd, have increased their positions in United Dominion Realty Trust during the first quarter of the year.
• Analysts have lowered their price targets for United Dominion Realty Trust, with the consensus now set at $44.73, reflecting a general rating of "Hold" for the stock.

IFM Investors Pty Ltd lowered its position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 7.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,960 shares of the real estate investment trust's stock after selling 9,870 shares during the period. IFM Investors Pty Ltd's holdings in United Dominion Realty Trust were worth $5,825,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of United Dominion Realty Trust by 0.4% during the first quarter. Vanguard Group Inc. now owns 51,023,940 shares of the real estate investment trust's stock valued at $2,304,751,000 after purchasing an additional 214,209 shares during the period. Invesco Ltd. raised its stake in shares of 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 valued at $413,542,000 after purchasing an additional 1,619,997 shares during the period. Northern Trust Corp raised its stake in shares of United Dominion Realty Trust by 0.7% during the first quarter. Northern Trust Corp now owns 4,886,672 shares of the real estate investment trust's stock valued at $220,731,000 after purchasing an additional 32,693 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of United Dominion Realty Trust by 1.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,436,208 shares of the real estate investment trust's stock valued at $200,384,000 after purchasing an additional 69,154 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of United Dominion Realty Trust by 3.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,207,420 shares of the real estate investment trust's stock valued at $139,234,000 after purchasing an additional 120,456 shares during the period. Hedge funds and other institutional investors own 97.82% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Truist Financial decreased their price target on shares of United Dominion Realty Trust from $46.00 to $43.00 and set a "hold" rating for the company in a research report on Tuesday, August 26th. Evercore ISI decreased their price target on shares of United Dominion Realty Trust from $45.00 to $44.00 and set an "outperform" rating for the company in a research report on Tuesday, August 12th. Barclays decreased their price target on shares of United Dominion Realty Trust from $51.00 to $48.00 and set an "overweight" rating for the company in a research report on Tuesday, August 12th. Wells Fargo & Company decreased their price target on shares of United Dominion Realty Trust from $48.00 to $42.00 and set an "overweight" rating for the company in a research report on Wednesday, August 27th. Finally, Piper Sandler reissued a "neutral" rating and set a $43.00 price target (down previously from $48.00) on shares of United Dominion Realty Trust in a research report on Monday, August 4th. Five research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, United Dominion Realty Trust has an average rating of "Hold" and an average target price of $44.73.

United Dominion Realty Trust Stock Up 1.9%

UDR stock opened at $38.92 on Friday. 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, Inc. has a 1-year low of $36.61 and a 1-year high of $47.55. The firm has a fifty day moving average price of $39.38 and a two-hundred day moving average price of $41.13. The firm has a market cap of $12.89 billion, a price-to-earnings ratio of 102.41, a PEG ratio of 9.56 and a beta of 0.88.

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

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.

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