United Dominion Realty Trust (NYSE:UDR) Rating Increased to Strong-Buy at Jefferies Financial Group

United Dominion Realty Trust (NYSE:UDR) was upgraded by research analysts at Jefferies Financial Group to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Several other analysts have also recently commented on the stock. Cantor Fitzgerald dropped their target price on shares of United Dominion Realty Trust from $42.00 to $39.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft upgraded United Dominion Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the stock from $39.00 to $45.00 in a research report on Monday. Scotiabank lifted their price objective on United Dominion Realty Trust from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 9th. Morgan Stanley upped their price objective on United Dominion Realty Trust from $43.00 to $44.50 and gave the company an “equal weight” rating in a report on Thursday, June 25th. Finally, Mizuho increased their target price on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $41.50.

United Dominion Realty Trust Stock Down 0.1%

Shares of NYSE UDR opened at $39.54 on Wednesday. United Dominion Realty Trust has a 1 year low of $32.94 and a 1 year high of $42.00. The firm’s 50-day moving average is $38.86 and its 200-day moving average is $37.25. The company has a current ratio of 5.56, a quick ratio of 5.56 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $12.85 billion, a PE ratio of 26.90, a price-to-earnings-growth ratio of 13.38 and a beta of 0.71.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). United Dominion Realty Trust had a return on equity of 15.10% and a net margin of 28.60%.The business had revenue of $425.85 million for the quarter, compared to the consensus estimate of $427.08 million. During the same period last year, the firm earned $0.61 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. United Dominion Realty Trust has set its FY 2026 guidance at 2.470-2.570 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. Equities analysts expect that United Dominion Realty Trust will post 2.53 EPS for the current year.

United Dominion Realty Trust announced that its Board of Directors has approved a stock repurchase program on Monday, May 4th that authorizes the company to buyback 25,000,000 outstanding shares. This buyback authorization authorizes the real estate investment trust to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of United Dominion Realty Trust stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $39.25, for a total value of $3,140,000.00. Following the transaction, the chief executive officer owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. The trade was a 8.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.82% of the company’s stock.

Institutional Investors Weigh In On United Dominion Realty Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in UDR. Empowered Funds LLC lifted its position in United Dominion Realty Trust by 5.8% in the 1st 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 boosted its stake in United Dominion Realty Trust by 35.0% in the 1st 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 during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in United Dominion Realty Trust by 1.7% in the 1st 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 during the period. 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.