UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Trims Stake in United Dominion Realty Trust, Inc. $UDR

Key Points

• UBS AM sold 37,208 shares of United Dominion Realty Trust, reducing its stake by 1.2% to approximately 3.17 million shares, valued at around $143.2 million.
• The stock is currently trading at $38.36, with a market cap of $12.71 billion and a PE ratio of 100.95.
• Recent analyst ratings for United Dominion Realty Trust show a consensus rating of "Hold" with a price target reduction to $44.73.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC reduced its stake in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 1.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,170,212 shares of the real estate investment trust's stock after selling 37,208 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.96% of United Dominion Realty Trust worth $143,198,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Beaird Harris Wealth Management LLC bought a new stake in shares of United Dominion Realty Trust in the 1st quarter worth approximately $28,000. Spire Wealth Management boosted its position in shares of United Dominion Realty Trust by 3,079.2% in the 1st quarter. Spire Wealth Management now owns 763 shares of the real estate investment trust's stock worth $34,000 after purchasing an additional 739 shares in the last quarter. Sentry Investment Management LLC bought a new stake in shares of United Dominion Realty Trust in the 1st quarter worth approximately $47,000. Horizon Financial Services LLC bought a new stake in shares of United Dominion Realty Trust in the 1st quarter worth approximately $51,000. Finally, National Pension Service boosted its position in shares of United Dominion Realty Trust by 2,553.5% in the 1st quarter. National Pension Service now owns 1,141 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 1,098 shares in the last quarter. 97.82% of the stock is owned by institutional investors.

United Dominion Realty Trust Stock Performance

UDR traded up $0.31 during mid-day trading on Thursday, reaching $37.62. 367,171 shares of the company traded hands, compared to its average volume of 2,240,771. The stock has a market capitalization of $12.47 billion, a P/E ratio of 99.10, a P/E/G ratio of 9.34 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. The company's fifty day moving average price is $39.12 and its 200-day moving average price is $40.95. United Dominion Realty Trust, Inc. has a 52-week low of $36.61 and a 52-week high of $46.62.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates 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 net margin of 7.81% and a return on equity of 4.11%. The company's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $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. On average, sell-side analysts expect that United Dominion Realty Trust, Inc. will post 2.51 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Piper Sandler reissued a "neutral" rating and issued a $43.00 price target (down from $48.00) on shares of United Dominion Realty Trust in a research report on Monday, August 4th. Mizuho lowered their price objective on United Dominion Realty Trust from $45.00 to $41.00 and set a "neutral" rating on the stock in a research report on Friday, May 23rd. Wells Fargo & Company lowered 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 report on Wednesday, August 27th. Barclays lowered their price objective on United Dominion Realty Trust from $51.00 to $48.00 and set an "overweight" rating on the stock in a research report on Tuesday, August 12th. Finally, UBS Group lowered their price objective 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. Four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, United Dominion Realty Trust has an average rating of "Hold" and an average target price of $44.38.

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.