Nomura Holdings Inc. Has $3.39 Million Stock Holdings in United Dominion Realty Trust, Inc. $UDR

Key Points

• Nomura Holdings Inc. increased its stake in United Dominion Realty Trust by 67.6%, acquiring an additional 30,254 shares, bringing its total holdings to 75,002 shares valued at approximately $3.39 million.
• United Dominion Realty Trust recently reported quarterly earnings of $0.64 per share, exceeding consensus estimates of $0.62, and its revenue increased by 2.4% year-over-year to reach $423 million.
• The company declared a quarterly dividend of $0.43, with a current annualized dividend yield of 4.3%, despite a high payout ratio of 452.63%.

Nomura Holdings Inc. boosted its stake in shares of United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 67.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,002 shares of the real estate investment trust's stock after purchasing an additional 30,254 shares during the quarter. Nomura Holdings Inc.'s holdings in United Dominion Realty Trust were worth $3,388,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in United Dominion Realty Trust by 0.4% during the 1st 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. boosted its position in United Dominion Realty Trust by 21.5% during the 1st 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 boosted its position in United Dominion Realty Trust by 0.7% during the 1st 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. boosted its position in United Dominion Realty Trust by 1.6% during the 1st 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 boosted its position in United Dominion Realty Trust by 3.9% during the 4th 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. Institutional investors and hedge funds own 97.82% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on UDR shares. UBS Group reduced their price objective on United Dominion Realty Trust from $50.00 to $45.00 and set a "buy" rating for the company in a research report on Tuesday, July 15th. Evercore ISI reduced their price target 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. Piper Sandler reiterated 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. Wells Fargo & Company reduced their price target on 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, Wall Street Zen lowered United Dominion Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Six analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $45.04.

United Dominion Realty Trust Price Performance

NYSE:UDR traded up $0.24 during mid-day trading on Friday, reaching $39.06. 2,475,321 shares of the stock were exchanged, compared to its average volume of 2,000,537. The business has a fifty day moving average price of $39.55 and a 200 day moving average price of $41.25. The firm has a market capitalization of $12.94 billion, a PE ratio of 102.80, a PEG ratio of 9.72 and a beta of 0.88. United Dominion Realty Trust, Inc. has a 1-year low of $36.61 and a 1-year 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.

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 (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. The firm had revenue of $423.00 million for the quarter, compared to analyst estimates of $422.64 million. United Dominion Realty Trust had a return on equity of 4.11% and a net margin of 7.81%.United Dominion Realty Trust's revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the company earned $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. Research analysts expect 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 company also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Thursday, July 10th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Thursday, July 10th. United Dominion Realty Trust's payout ratio is presently 452.63%.

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.