United Dominion Realty Trust (NYSE:UDR) Rating Increased to Hold at Wall Street Zen

Key Points

• Wall Street Zen upgraded United Dominion Realty Trust (NYSE:UDR) from a "sell" to a "hold" in a research report issued Saturday.
• Analyst coverage is mixed—five Buy, eight Hold and two Sell—resulting in a MarketBeat consensus rating of Hold with a consensus target price of $40.82.
• UDR shares opened at $35.12 and trade within a one‑year range of $32.94–$43.92; the company has a market cap of $11.44 billion, a P/E of 31.08, and roughly 97.8% institutional ownership.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued on Saturday.

A number of other research firms also recently issued reports on UDR. JPMorgan Chase & Co. restated an "underweight" rating and issued a $40.00 target price (down from $42.00) on shares of United Dominion Realty Trust in a report on Thursday, December 18th. Weiss Ratings restated a "hold (c)" rating on shares of United Dominion Realty Trust in a report on Friday, March 27th. Cantor Fitzgerald lifted their price target on shares of United Dominion Realty Trust from $37.00 to $42.00 and gave the company a "neutral" rating in a research report on Wednesday, February 11th. The Goldman Sachs Group reaffirmed a "sell" rating and set a $39.00 price target on shares of United Dominion Realty Trust in a research report on Thursday, February 12th. Finally, Evercore reaffirmed an "outperform" rating on shares of United Dominion Realty Trust in a research report on Wednesday, February 11th. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $40.82.

United Dominion Realty Trust Price Performance

United Dominion Realty Trust stock opened at $35.12 on Friday. United Dominion Realty Trust has a 1 year low of $32.94 and a 1 year high of $43.92. The firm has a 50 day moving average price of $36.33 and a 200 day moving average price of $36.12. The company has a market cap of $11.44 billion, a price-to-earnings ratio of 31.08, a PEG ratio of 11.77 and a beta of 0.73. The company has a debt-to-equity ratio of 1.79, a quick ratio of 4.48 and a current ratio of 4.48.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Empowered Funds LLC lifted its position in shares of United Dominion Realty Trust by 5.8% during the first quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust's stock worth $277,000 after purchasing an additional 337 shares in the last quarter. Jane Street Group LLC lifted its position in shares of United Dominion Realty Trust by 35.0% during the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust's stock worth $634,000 after purchasing an additional 3,637 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of United Dominion Realty Trust by 1.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust's stock worth $2,741,000 after purchasing an additional 986 shares in the last quarter. 97.82% of the stock is owned by institutional investors and hedge funds.

United Dominion Realty Trust Company Profile

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.

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