APG Asset Management US Inc. Has $74.33 Million Stock Holdings in United Dominion Realty Trust, Inc. $UDR

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. boosted its stake in shares of United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 6.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,645,459 shares of the real estate investment trust's stock after buying an additional 92,824 shares during the quarter. United Dominion Realty Trust accounts for about 0.6% of APG Asset Management US Inc.'s holdings, making the stock its 24th biggest holding. APG Asset Management US Inc. owned approximately 0.50% of United Dominion Realty Trust worth $74,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the stock. GF Fund Management CO. LTD. grew its stake in United Dominion Realty Trust by 4.3% during the 1st quarter. GF Fund Management CO. LTD. now owns 5,937 shares of the real estate investment trust's stock worth $268,000 after buying an additional 243 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in United Dominion Realty Trust by 4.5% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 7,864 shares of the real estate investment trust's stock valued at $355,000 after purchasing an additional 336 shares during the last quarter. Continuum Advisory LLC increased its position in shares of United Dominion Realty Trust by 38.0% in the fourth quarter. Continuum Advisory LLC now owns 1,275 shares of the real estate investment trust's stock valued at $55,000 after buying an additional 351 shares in the last quarter. Integrity Wealth Solutions LLC grew its stake in United Dominion Realty Trust by 5.6% in the 1st quarter. Integrity Wealth Solutions LLC now owns 6,766 shares of the real estate investment trust's stock valued at $306,000 after acquiring an additional 357 shares during the last quarter. Finally, UMB Bank n.a. raised its position in United Dominion Realty Trust by 47.8% during the first quarter. UMB Bank n.a. now owns 1,342 shares of the real estate investment trust's stock worth $61,000 after acquiring an additional 434 shares during the last quarter. Hedge funds and other institutional investors own 97.82% of the company's stock.

United Dominion Realty Trust Price Performance

UDR stock traded up $0.16 during midday trading on Wednesday, reaching $38.91. 809,941 shares of the company's stock traded hands, compared to its average volume of 2,215,203. The company has a 50-day simple moving average of $39.86 and a two-hundred day simple moving average of $41.45. United Dominion Realty Trust, Inc. has a 1-year low of $36.61 and a 1-year high of $47.55. The company has a market cap of $12.89 billion, a price-to-earnings ratio of 102.38, a PEG ratio of 9.74 and a beta of 0.84. 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 (NYSE:UDR - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 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 analysts' expectations of $422.64 million. During the same period in the prior year, the firm posted $0.62 earnings per share. The business'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, analysts anticipate that United Dominion Realty Trust, Inc. will post 2.51 earnings per share for the current year.

United Dominion Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, July 10th. This represents a $1.72 annualized dividend and a dividend yield of 4.4%. United Dominion Realty Trust's dividend payout ratio (DPR) is currently 452.63%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. UBS Group decreased their price objective on United Dominion Realty Trust from $50.00 to $45.00 and set a "buy" rating on the stock in a report on Tuesday, July 15th. Mizuho decreased their target price on 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. Piper Sandler reaffirmed a "neutral" rating and set a $43.00 price target (down previously from $48.00) on shares of United Dominion Realty Trust in a research report on Monday, August 4th. Truist Financial decreased their price objective on shares of United Dominion Realty Trust from $46.00 to $43.00 and set a "hold" rating for the company in a report on Tuesday. Finally, Wells Fargo & Company cut their price objective on United Dominion Realty Trust from $48.00 to $42.00 and set an "overweight" rating for the company in a report on Wednesday. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, United Dominion Realty Trust currently has an average rating of "Hold" and an average target price of $44.83.

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.