Strs Ohio Buys New Shares in United Dominion Realty Trust, Inc. $UDR

Key Points

• Strs Ohio acquired a new stake in United Dominion Realty Trust, purchasing 808,193 shares valued at approximately $36.5 million during the first quarter.
• Institutional investors collectively own approximately 97.82% of United Dominion Realty Trust's stock, indicating strong institutional interest and support.
• United Dominion Realty Trust reported a $0.64 EPS for the latest quarter, exceeding the consensus estimate of $0.62, with an anticipated guidance for Q3 2025 EPS set between 0.620-0.640.

Strs Ohio bought a new stake in shares of United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 808,193 shares of the real estate investment trust's stock, valued at approximately $36,506,000. Strs Ohio owned about 0.24% of United Dominion Realty Trust as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Teachers Retirement System of The State of Kentucky grew its holdings in shares of United Dominion Realty Trust by 4.5% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 23,191 shares of the real estate investment trust's stock valued at $1,048,000 after purchasing an additional 989 shares during the last quarter. Yousif Capital Management LLC boosted its position in United Dominion Realty Trust by 35.1% during the 1st quarter. Yousif Capital Management LLC now owns 65,707 shares of the real estate investment trust's stock valued at $2,968,000 after buying an additional 17,061 shares during the period. Amalgamated Bank boosted its position in United Dominion Realty Trust by 1.6% during the 1st quarter. Amalgamated Bank now owns 59,947 shares of the real estate investment trust's stock valued at $2,708,000 after buying an additional 936 shares during the period. Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in United Dominion Realty Trust during the 1st quarter valued at $431,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in United Dominion Realty Trust by 7.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,581 shares of the real estate investment trust's stock valued at $523,000 after buying an additional 842 shares during the period. Institutional investors own 97.82% of the company's stock.

United Dominion Realty Trust Trading Up 1.9%

NYSE:UDR opened at $38.92 on Friday. The company has a 50-day moving average price of $39.38 and a 200-day moving average price of $41.13. 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 current ratio of 5.22, a quick ratio of 5.22 and a debt-to-equity ratio of 1.76. The stock has a market cap of $12.89 billion, a price-to-earnings ratio of 102.41, a P/E/G ratio of 9.56 and a beta of 0.88.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 EPS for the quarter, topping 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 analysts' expectations of $422.64 million. During the same period last year, the company posted $0.62 EPS. The company's quarterly revenue 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. Equities analysts predict that United Dominion Realty Trust, Inc. will post 2.51 EPS for the current year.

Analyst Ratings Changes

UDR has been the subject of several analyst reports. Scotiabank dropped 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 research report on Friday, June 13th. Wall Street Zen cut shares of United Dominion Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. BMO Capital Markets set a $44.00 price target on shares of United Dominion Realty Trust in a research report on Thursday, September 4th. Mizuho dropped 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 research report on Friday, May 23rd. Finally, Truist Financial dropped 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. Five analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $44.73.

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.

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