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

UDR (NYSE:UDR) 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.

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

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.