United Dominion Realty Trust (NYSE:UDR) Cut to “Sell” at Wall Street Zen

Wall Street Zen cut shares of United Dominion Realty Trust (NYSE:UDR) from a hold rating to a sell rating in a report released on Saturday morning.

UDR has been the topic of several other reports. Scotiabank raised their target price on United Dominion Realty Trust from $38.00 to $41.00 and gave the company a “sector perform” rating in a report on Thursday, July 9th. Mizuho increased their price target on United Dominion Realty Trust from $39.00 to $41.00 and gave the company a “neutral” rating in a report on Wednesday, June 10th. Wells Fargo & Company raised their price objective on United Dominion Realty Trust from $43.00 to $44.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada lifted their price objective on United Dominion Realty Trust from $37.00 to $38.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 6th. Finally, Morgan Stanley upped their target price on United Dominion Realty Trust from $43.00 to $44.50 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $41.81.

United Dominion Realty Trust Trading Up 1.4%

Shares of UDR opened at $38.70 on Friday. The stock’s fifty day simple moving average is $39.10 and its 200 day simple moving average is $37.38. The firm has a market capitalization of $12.43 billion, a P/E ratio of 24.65, a price-to-earnings-growth ratio of 12.87 and a beta of 0.70. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.01. United Dominion Realty Trust has a twelve month low of $32.94 and a twelve month high of $42.00.

United Dominion Realty Trust (NYSE:UDR) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.08. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The business had revenue of $425.40 million for the quarter, compared to analyst estimates of $423.35 million. During the same period in the previous year, the company posted $0.64 EPS. The company’s revenue was up .0% compared to the same quarter last year. United Dominion Realty Trust has set its FY 2026 guidance at 2.490-2.570 EPS and its Q3 2026 guidance at 0.640-0.640 EPS. On average, equities research analysts forecast that United Dominion Realty Trust will post 2.53 earnings per share for the current year.

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

Insiders Place Their Bets

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

Institutional Investors Weigh In On United Dominion Realty Trust

A number of institutional investors have recently made changes to their positions in the company. Jane Street Group LLC increased its position in United Dominion Realty Trust by 35.0% during 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake 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 buying an additional 986 shares during the last quarter. Finally, Empowered Funds LLC grew its stake 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 buying an additional 337 shares during the last quarter. 97.82% of the stock is currently owned by institutional investors.

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.