United Dominion Realty Trust, Inc. $UDR Shares Bought by APG Asset Management US Inc.

Key Points

• APG Asset Management US Inc. increased its stake in United Dominion Realty Trust by 6.0% in the 1st quarter, now holding 1,645,459 shares valued at approximately $74.3 million.
• Analysts have a consensus rating of "Hold" for United Dominion Realty Trust, with a target price of $45.23, reflecting several recent downward adjustments in price targets by various research firms.
• United Dominion Realty Trust reported earnings of $0.64 EPS for the last quarter, exceeding estimates, and declared a quarterly dividend of $0.43, yielding 4.5%.

APG Asset Management US Inc. raised its holdings in United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 6.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 1,645,459 shares of the real estate investment trust's stock after acquiring an additional 92,824 shares during the period. United Dominion Realty Trust accounts for about 0.6% of APG Asset Management US Inc.'s holdings, making the stock its 24th biggest position. APG Asset Management US Inc. owned 0.50% of United Dominion Realty Trust worth $74,325,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in United Dominion Realty Trust by 0.4% in 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 acquiring an additional 214,209 shares during the last quarter. Invesco Ltd. raised its holdings in United Dominion Realty Trust by 21.5% in 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 acquiring an additional 1,619,997 shares during the last quarter. Northern Trust Corp raised its holdings in United Dominion Realty Trust by 0.7% in 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 acquiring an additional 32,693 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in United Dominion Realty Trust by 1.6% in 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 acquiring an additional 69,154 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in United Dominion Realty Trust by 3.9% in 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 acquiring an additional 120,456 shares during the last quarter. 97.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Piper Sandler reiterated a "neutral" rating and issued a $43.00 price target (down from $48.00) on shares of United Dominion Realty Trust in a report on Monday, August 4th. Barclays dropped their price objective on 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. Morgan Stanley dropped 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. Evercore ISI dropped their price objective on United Dominion Realty Trust from $45.00 to $44.00 and set an "outperform" rating for the company in a report on Tuesday, August 12th. Finally, Royal Bank Of Canada upped their price objective on United Dominion Realty Trust from $43.00 to $44.00 and gave the stock a "sector perform" rating in a report on Thursday, May 8th. Six research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $45.23.

United Dominion Realty Trust Trading Down 0.8%

UDR stock opened at $38.5250 on Friday. The business has a fifty day simple moving average of $39.99 and a 200-day simple moving average of $41.53. 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 52 week low of $36.61 and a 52 week high of $47.55. The company has a market cap of $12.77 billion, a price-to-earnings ratio of 101.38, a PEG ratio of 9.71 and a beta of 0.84.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $422.64 million. During the same period in the prior year, the firm earned $0.62 EPS. The firm'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. On average, equities research analysts expect that United Dominion Realty Trust, Inc. will post 2.51 EPS for the current year.

United Dominion Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Thursday, July 10th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 4.5%. The ex-dividend date was Thursday, July 10th. United Dominion Realty Trust's dividend payout ratio is currently 452.63%.

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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