Strs Ohio Purchases Shares of 808,193 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 acquired a new stake in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 808,193 shares of the real estate investment trust's stock, valued at approximately $36,506,000. Strs Ohio owned approximately 0.24% of United Dominion Realty Trust at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Beaird Harris Wealth Management LLC acquired a new stake in United Dominion Realty Trust during the first quarter worth $28,000. Spire Wealth Management grew 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 worth $34,000 after buying an additional 739 shares during the last quarter. Sentry Investment Management LLC purchased a new stake in shares of United Dominion Realty Trust in the first quarter valued at about $47,000. Horizon Financial Services LLC purchased a new position in United Dominion Realty Trust in the 1st quarter valued at $51,000. Finally, National Pension Service raised its stake in shares of 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 worth $52,000 after buying an additional 1,098 shares in the last quarter. Hedge funds and other institutional investors own 97.82% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Barclays reduced their target price on United Dominion Realty Trust from $51.00 to $48.00 and set an "overweight" rating on the stock in a research note on Tuesday, August 12th. Piper Sandler reissued a "neutral" rating and set a $43.00 price objective (down from $48.00) on shares of United Dominion Realty Trust in a research note on Monday, August 4th. Truist Financial dropped their price target on United Dominion Realty Trust from $46.00 to $43.00 and set a "hold" rating for the company in a research note on Tuesday, August 26th. Mizuho reduced their target price on shares of United Dominion Realty Trust from $45.00 to $41.00 and set a "neutral" rating on the stock in a report on Friday, May 23rd. Finally, Wells Fargo & Company decreased their target price 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. Four analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $44.38.

United Dominion Realty Trust Price Performance

NYSE UDR traded up $0.28 on Wednesday, reaching $37.59. The company's stock had a trading volume of 537,168 shares, compared to its average volume of 2,242,192. The stock has a market cap of $12.46 billion, a PE ratio of 98.90, a PEG ratio of 9.45 and a beta of 0.88. United Dominion Realty Trust, Inc. has a twelve month low of $36.61 and a twelve month high of $47.11. The company has a debt-to-equity ratio of 1.76, a quick ratio of 5.22 and a current ratio of 5.22. The firm's 50 day moving average is $39.19 and its two-hundred day moving average is $40.97.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last released 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. The business had revenue of $423.00 million during 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%.The company's revenue was up 2.4% compared to the same quarter last year. During the same period last year, the company posted $0.62 EPS. 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. As a group, sell-side 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.