MBB Public Markets I LLC Buys Shares of 7,290 United Dominion Realty Trust, Inc. $UDR

Key Points

• MBB Public Markets I LLC has made a new investment of approximately $329,000 in United Dominion Realty Trust by acquiring 7,290 shares in the first quarter.
• The company reported $0.64 earnings per share for the last quarter, exceeding the consensus estimate of $0.62, with a revenue of $423 million.
• United Dominion Realty Trust recently announced a quarterly dividend of $0.43, representing an annual yield of 4.4%, with a high dividend payout ratio of 452.63%.

MBB Public Markets I LLC acquired a new stake in shares of United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 7,290 shares of the real estate investment trust's stock, valued at approximately $329,000.

Other large investors have also bought and sold shares of the company. Beaird Harris Wealth Management LLC bought a new position in United Dominion Realty Trust during the 1st quarter valued at $28,000. Spire Wealth Management lifted its stake 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 valued at $34,000 after acquiring an additional 739 shares in the last quarter. Sentry Investment Management LLC bought a new position in United Dominion Realty Trust during the 1st quarter valued at $47,000. Horizon Financial Services LLC bought a new position in United Dominion Realty Trust during the 1st quarter valued at $51,000. Finally, National Pension Service lifted its stake in United Dominion Realty Trust by 2,553.5% during the 1st quarter. National Pension Service now owns 1,141 shares of the real estate investment trust's stock valued at $52,000 after acquiring an additional 1,098 shares in the last quarter. 97.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UDR has been the topic of several recent analyst reports. Wells Fargo & Company dropped their price objective on United Dominion Realty Trust from $48.00 to $42.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 27th. Barclays decreased their target price on 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. BMO Capital Markets set a $44.00 target price on United Dominion Realty Trust in a research report on Thursday, September 4th. Wall Street Zen lowered United Dominion Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Finally, Evercore ISI decreased their target price on 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. Five investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $44.73.

United Dominion Realty Trust Stock Performance

UDR traded down $0.56 during trading hours on Friday, hitting $38.36. The stock had a trading volume of 1,777,679 shares, compared to its average volume of 2,194,719. The company's fifty day simple moving average is $39.33 and its 200 day simple moving average is $41.05. 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 $12.71 billion, a PE ratio of 100.95, a price-to-earnings-growth ratio of 9.61 and a beta of 0.88. 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 announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $422.64 million. During the same quarter last year, the firm posted $0.62 EPS. The firm'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. Equities analysts anticipate that United Dominion Realty Trust, Inc. will post 2.51 earnings per share for the current year.

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.