UDR (NYSE:UDR) Upgraded by StockNews.com to “Hold” Rating

UDR (NYSE:UDRGet Free Report) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday.

Several other research firms have also recently weighed in on UDR. Deutsche Bank Aktiengesellschaft increased their price objective on shares of UDR from $40.00 to $44.00 and gave the company a “hold” rating in a research report on Tuesday, September 10th. Evercore ISI increased their price target on UDR from $42.00 to $43.00 and gave the company an “in-line” rating in a report on Monday, September 9th. UBS Group lifted their price objective on UDR from $48.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, September 12th. The Goldman Sachs Group assumed coverage on UDR in a research report on Wednesday, September 4th. They issued a “sell” rating and a $42.00 target price on the stock. Finally, Royal Bank of Canada reduced their price target on shares of UDR from $46.00 to $45.00 and set a “sector perform” rating for the company in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $45.18.

Check Out Our Latest Analysis on UDR

UDR Stock Up 1.2 %

Shares of UDR stock traded up $0.53 during trading hours on Thursday, hitting $44.84. 1,220,105 shares of the company’s stock traded hands, compared to its average volume of 2,436,619. UDR has a 12-month low of $34.19 and a 12-month high of $47.55. The company has a quick ratio of 5.91, a current ratio of 5.91 and a debt-to-equity ratio of 1.69. The stock has a market cap of $14.80 billion, a price-to-earnings ratio of 121.19, a PEG ratio of 12.44 and a beta of 0.87. The stock’s fifty day simple moving average is $44.37 and its two-hundred day simple moving average is $42.87.

Institutional Trading of UDR

Hedge funds and other institutional investors have recently bought and sold shares of the business. Activest Wealth Management bought a new position in UDR in the 3rd quarter worth about $27,000. Family Firm Inc. bought a new position in UDR in the second quarter worth approximately $26,000. Brooklyn Investment Group bought a new position in UDR in the third quarter worth approximately $33,000. UMB Bank n.a. purchased a new position in UDR during the 2nd quarter worth $33,000. Finally, Rothschild Investment LLC bought a new stake in UDR during the 2nd quarter valued at $35,000. Hedge funds and other institutional investors own 97.84% of the company’s stock.

UDR Company Profile

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for UDR (NYSE:UDR)

Receive News & Ratings for UDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UDR and related companies with MarketBeat.com's FREE daily email newsletter.