United Dominion Realty Trust, Inc. (NYSE:UDR) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts give UDR an average rating of Hold from 15 brokerages (2 sell, 8 hold, 5 buy) with a 12‑month average price target of about $40.54.
• UDR raised its quarterly dividend to $0.435 (annualized $1.74), implying a 4.8% yield; the ex-dividend and record date are April 15 with payment on April 30, while the payout ratio stands at 153.98%.
• The stock trades around $36.21 with a market cap of $11.8B, a P/E of 32.05 and a 52‑week range of $32.94–$43.92, and about 97.82% of shares are held by institutional investors.

United Dominion Realty Trust, Inc. (NYSE:UDR - Get Free Report) has been given an average recommendation of "Hold" by the fifteen brokerages that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $40.5357.

A number of research analysts have commented on the company. Scotiabank upped their price target on United Dominion Realty Trust from $37.00 to $39.00 and gave the stock a "sector perform" rating in a research note on Wednesday, March 4th. Royal Bank Of Canada upped their price target on United Dominion Realty Trust from $38.00 to $39.00 and gave the stock a "sector perform" rating in a research note on Tuesday, February 10th. Evercore restated an "outperform" rating on shares of United Dominion Realty Trust in a research note on Wednesday, February 11th. Weiss Ratings reissued a "hold (c)" rating on shares of United Dominion Realty Trust in a research note on Friday, March 27th. Finally, Barclays lowered their price objective on shares of United Dominion Realty Trust from $44.00 to $42.00 and set an "overweight" rating for the company in a research note on Friday, March 6th.

United Dominion Realty Trust Stock Up 4.8%

NYSE:UDR opened at $36.21 on Wednesday. The company has a quick ratio of 4.48, a current ratio of 4.48 and a debt-to-equity ratio of 1.79. The stock's fifty day moving average is $35.63 and its two-hundred day moving average is $35.98. United Dominion Realty Trust has a 52 week low of $32.94 and a 52 week high of $43.92. The stock has a market capitalization of $11.80 billion, a price-to-earnings ratio of 32.05, a price-to-earnings-growth ratio of 11.67 and a beta of 0.73.

United Dominion Realty Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be paid a $0.435 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This is a positive change from United Dominion Realty Trust's previous quarterly dividend of $0.43. This represents a $1.74 annualized dividend and a dividend yield of 4.8%. United Dominion Realty Trust's payout ratio is 153.98%.

Institutional Trading of United Dominion Realty Trust

Several hedge funds have recently modified their holdings of UDR. Empowered Funds LLC raised its stake in shares of United Dominion Realty Trust by 5.8% in the first quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust's stock valued at $277,000 after acquiring an additional 337 shares in the last quarter. Jane Street Group LLC raised its stake in shares of United Dominion Realty Trust by 35.0% in the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust's stock valued at $634,000 after acquiring an additional 3,637 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of United Dominion Realty Trust by 1.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust's stock valued at $2,741,000 after acquiring an additional 986 shares in the last quarter. 97.82% of the stock is currently owned by institutional investors and hedge funds.

About United Dominion Realty Trust

United Dominion Realty Trust NYSE: UDR is a publicly traded real estate investment trust specializing in the ownership, management, acquisition, development and redevelopment of multifamily apartment communities. The company's core focus is on Class A and Class A–plus residential properties, offering a diverse portfolio designed to meet the evolving needs of renters. UDR employs a full-service management platform to oversee daily operations, property maintenance, leasing, and resident services, ensuring consistency and quality across its holdings.

UDR's business activities encompass ground-up development, strategic property redevelopment, and selective acquisitions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.