United Dominion Realty Trust, Inc. $UDR Shares Purchased by Presima Securities ULC

Key Points

• Presima Securities ULC increased its stake in United Dominion Realty Trust by 9.7% in the first quarter, bringing their total holdings to approximately $24.58 million.
• Analysts have adjusted their price targets for United Dominion Realty Trust, with forecasts generally indicating a range between $43.00 and $48.00 per share.
• The company recently declared a quarterly dividend of $0.43, yielding around 4.4%, although their payout ratio stands at 452.63%.

Presima Securities ULC increased its holdings in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 9.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 544,186 shares of the real estate investment trust's stock after buying an additional 48,062 shares during the quarter. United Dominion Realty Trust comprises 5.5% of Presima Securities ULC's portfolio, making the stock its 7th largest holding. Presima Securities ULC owned about 0.16% of United Dominion Realty Trust worth $24,581,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Stifel Financial Corp grew its stake in shares of United Dominion Realty Trust by 10.0% in the fourth quarter. Stifel Financial Corp now owns 10,113 shares of the real estate investment trust's stock worth $439,000 after purchasing an additional 919 shares in the last quarter. Algert Global LLC grew its position in United Dominion Realty Trust by 23.1% in the 4th quarter. Algert Global LLC now owns 12,000 shares of the real estate investment trust's stock valued at $521,000 after buying an additional 2,250 shares in the last quarter. Ameriprise Financial Inc. increased its stake in United Dominion Realty Trust by 2.8% during the 4th quarter. Ameriprise Financial Inc. now owns 468,421 shares of the real estate investment trust's stock valued at $20,334,000 after buying an additional 12,795 shares during the period. BNP Paribas Financial Markets increased its stake in United Dominion Realty Trust by 20.4% during the 4th quarter. BNP Paribas Financial Markets now owns 496,585 shares of the real estate investment trust's stock valued at $21,557,000 after buying an additional 84,303 shares during the period. Finally, Captrust Financial Advisors raised its position in shares of United Dominion Realty Trust by 9.3% during the 4th quarter. Captrust Financial Advisors now owns 21,139 shares of the real estate investment trust's stock worth $918,000 after buying an additional 1,794 shares in the last quarter. 97.82% of the stock is currently owned by institutional investors and hedge funds.

United Dominion Realty Trust Trading Down 2.2%

Shares of NYSE UDR traded down $0.85 during mid-day trading on Wednesday, hitting $38.14. 2,807,671 shares of the company traded hands, compared to its average volume of 2,252,053. 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, Inc. has a 1 year low of $36.61 and a 1 year high of $47.55. The stock has a market capitalization of $12.64 billion, a price-to-earnings ratio of 100.36, a PEG ratio of 9.70 and a beta of 0.88. The business has a 50 day moving average of $39.42 and a two-hundred day moving average of $41.16.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last issued 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. United Dominion Realty Trust had a return on equity of 4.11% and a net margin of 7.81%.The firm had revenue of $423.00 million for the quarter, compared to analysts' expectations of $422.64 million. During the same quarter last year, the business posted $0.62 EPS. United Dominion Realty Trust's revenue 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. On average, sell-side analysts anticipate 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 disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors 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 yield of 4.5%. United Dominion Realty Trust's dividend payout ratio (DPR) is currently 452.63%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on UDR shares. Barclays decreased their price objective on shares of United Dominion Realty Trust from $51.00 to $48.00 and set an "overweight" rating for the company in a report on Tuesday, August 12th. UBS Group lowered their price target on United Dominion Realty Trust from $50.00 to $45.00 and set a "buy" rating on the stock in a research report on Tuesday, July 15th. 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. Morgan Stanley cut their price objective on United Dominion Realty Trust from $47.50 to $44.50 and set an "equal weight" rating for the company in a report on Wednesday, August 13th. Finally, BMO Capital Markets set a $44.00 target price on United Dominion Realty Trust in a report on Thursday, September 4th. Six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $45.04.

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.