United Dominion Realty Trust, Inc. $UDR Shares Purchased by Aew Capital Management L P

Key Points

• Aew Capital Management L P increased its stake in United Dominion Realty Trust by 8.9%, owning approximately 0.08% of the company, valued at about $11.97 million.
• United Dominion Realty Trust reported $0.64 EPS for the last quarter, exceeding analysts' expectations of $0.62, with a revenue of $423 million.
• The company announced a quarterly dividend of $0.43 per share, resulting in an annualized yield of 4.4%, though it has a high payout ratio of 452.63%.

Aew Capital Management L P grew its position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR - Free Report) by 8.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 264,928 shares of the real estate investment trust's stock after purchasing an additional 21,560 shares during the period. Aew Capital Management L P owned approximately 0.08% of United Dominion Realty Trust worth $11,967,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in UDR. Nuveen LLC purchased a new stake in shares of United Dominion Realty Trust during the first quarter valued at approximately $79,487,000. Northern Trust Corp raised its stake in shares of United Dominion Realty Trust by 54.2% during the fourth quarter. Northern Trust Corp now owns 4,853,979 shares of the real estate investment trust's stock valued at $210,711,000 after purchasing an additional 1,706,037 shares during the period. Invesco Ltd. raised its stake in shares of United Dominion Realty Trust by 21.5% during the first quarter. Invesco Ltd. now owns 9,155,231 shares of the real estate investment trust's stock valued at $413,542,000 after purchasing an additional 1,619,997 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of United Dominion Realty Trust during the fourth quarter valued at approximately $42,073,000. Finally, Waterfront Capital Partners LLC purchased a new stake in shares of United Dominion Realty Trust during the fourth quarter valued at approximately $26,742,000. Hedge funds and other institutional investors own 97.82% of the company's stock.

United Dominion Realty Trust Stock Up 1.6%

Shares of NYSE:UDR opened at $39.1670 on Friday. 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 company has a fifty day simple moving average of $39.95 and a 200 day simple moving average of $41.51. The firm has a market cap of $12.98 billion, a PE ratio of 103.07, a price-to-earnings-growth ratio of 9.64 and a beta of 0.84. United Dominion Realty Trust, Inc. has a 12-month low of $36.61 and a 12-month high of $47.55.

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 earnings per share (EPS) for the quarter, topping 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 business's revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 earnings per share. 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 anticipate that United Dominion Realty Trust, Inc. will post 2.51 EPS for the current fiscal year.

United Dominion Realty Trust Dividend Announcement

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

Wall Street Analyst Weigh In

UDR has been the topic of a number of analyst reports. Wall Street Zen lowered shares of United Dominion Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Scotiabank dropped their price objective on shares of United Dominion Realty Trust from $51.00 to $48.00 and set a "sector perform" rating on the stock in a research note on Friday, June 13th. Mizuho dropped their price objective on shares of United Dominion Realty Trust from $45.00 to $41.00 and set a "neutral" rating on the stock in a research note on Friday, May 23rd. Evercore ISI dropped their price objective on shares of United Dominion Realty Trust from $45.00 to $44.00 and set an "outperform" rating on the stock in a research note on Tuesday, August 12th. Finally, Barclays dropped their price objective on shares of 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. 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 stock. According to data from MarketBeat, United Dominion Realty Trust has an average rating of "Hold" and a consensus target price of $45.23.

United Dominion Realty Trust Company 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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