United Dominion Realty Trust, Inc. $UDR Shares Acquired by Cbre Investment Management Listed Real Assets LLC

Cbre Investment Management Listed Real Assets LLC lifted its position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR) by 5.0% during the first quarter, Holdings Channel reports. The firm owned 1,255,532 shares of the real estate investment trust’s stock after acquiring an additional 59,314 shares during the quarter. Cbre Investment Management Listed Real Assets LLC’s holdings in United Dominion Realty Trust were worth $56,712,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Spire Wealth Management increased its position in shares of United Dominion Realty Trust by 3,079.2% during the first quarter. Spire Wealth Management now owns 763 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 739 shares in the last quarter. Sentry Investment Management LLC acquired a new stake in shares of United Dominion Realty Trust during the first quarter worth about $47,000. Horizon Financial Services LLC acquired a new stake in shares of United Dominion Realty Trust during the first quarter worth about $51,000. National Pension Service increased its position in United Dominion Realty Trust by 2,553.5% in the 1st quarter. National Pension Service now owns 1,141 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 1,098 shares during the period. Finally, Continuum Advisory LLC increased its position in United Dominion Realty Trust by 38.0% in the 4th quarter. Continuum Advisory LLC now owns 1,275 shares of the real estate investment trust’s stock valued at $55,000 after acquiring an additional 351 shares during the period. Institutional investors and hedge funds own 97.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Royal Bank Of Canada boosted their price target on United Dominion Realty Trust from $43.00 to $44.00 and gave the company a “sector perform” rating in a research report on Thursday, May 8th. UBS Group dropped their price target on United Dominion Realty Trust from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Tuesday, July 15th. Evercore ISI dropped their price target on United Dominion Realty Trust from $45.00 to $44.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 12th. Morgan Stanley dropped their price target on United Dominion Realty Trust from $47.50 to $44.50 and set an “equal weight” rating on the stock in a research report on Wednesday, August 13th. Finally, Wall Street Zen cut United Dominion Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Six investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $45.23.

United Dominion Realty Trust Price Performance

Shares of UDR opened at $39.1670 on Friday. United Dominion Realty Trust, Inc. has a twelve month low of $36.61 and a twelve month high of $47.55. The stock’s 50 day moving average is $39.95 and its two-hundred day moving average is $41.51. The firm has a market capitalization of $12.98 billion, a PE ratio of 103.07, a P/E/G ratio of 9.64 and a beta of 0.84. The company has a current ratio of 5.22, a quick ratio of 5.22 and a debt-to-equity ratio of 1.76.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. United Dominion Realty Trust had a return on equity of 4.11% and a net margin of 7.81%.The company had revenue of $423.00 million for the quarter, compared to analyst estimates of $422.64 million. During the same quarter in the previous year, the company earned $0.62 EPS. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. United Dominion Realty Trust has set its Q3 2025 guidance at 0.620-0.640 EPS. FY 2025 guidance at 2.490-2.550 EPS. Research analysts anticipate that United Dominion Realty Trust, Inc. will post 2.51 earnings per share for the current year.

United Dominion Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Thursday, July 10th. United Dominion Realty Trust’s payout ratio is currently 452.63%.

United Dominion Realty Trust 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.