United Dominion Realty Trust (NYSE:UDR) Stock Rating Lowered by BNP Paribas Exane

BNP Paribas Exane lowered shares of United Dominion Realty Trust (NYSE:UDR) from an outperform rating to a neutral rating in a report released on Monday, MarketBeat Ratings reports.

UDR has been the subject of several other reports. Wall Street Zen raised United Dominion Realty Trust from a “sell” rating to a “hold” rating in a research report on Friday, September 26th. Piper Sandler reaffirmed a “neutral” rating and issued a $43.00 target price (down from $48.00) on shares of United Dominion Realty Trust in a research report on Monday, August 4th. UBS Group reduced their target price on United Dominion Realty Trust from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Tuesday, July 15th. BNP Paribas cut United Dominion Realty Trust from an “outperform” rating to a “hold” rating in a research report on Monday. Finally, Morgan Stanley reduced their target price on United Dominion Realty Trust from $47.50 to $44.50 and set an “equal weight” rating for the company in a research report on Wednesday, August 13th. Four analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $43.81.

United Dominion Realty Trust Stock Down 0.9%

UDR opened at $36.92 on Monday. United Dominion Realty Trust has a 1-year low of $36.61 and a 1-year high of $46.62. The company has a current ratio of 5.22, a quick ratio of 5.22 and a debt-to-equity ratio of 1.76. The stock has a market capitalization of $12.23 billion, a price-to-earnings ratio of 97.15, a P/E/G ratio of 11.15 and a beta of 0.85. The business has a 50 day moving average of $38.43 and a 200-day moving average of $40.46.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $422.64 million. During the same period in the prior year, the business earned $0.62 earnings per share. United Dominion Realty Trust’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. As a group, sell-side analysts anticipate that United Dominion Realty Trust will post 2.51 earnings per share for the current year.

United Dominion Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Thursday, October 9th will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.7%. United Dominion Realty Trust’s dividend payout ratio (DPR) is presently 452.63%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in UDR. Beaird Harris Wealth Management LLC bought a new position in shares of United Dominion Realty Trust during the first quarter valued at $28,000. Spire Wealth Management lifted its holdings 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 valued at $34,000 after acquiring an additional 739 shares during the period. Sentry Investment Management LLC bought a new position in shares of United Dominion Realty Trust during the first quarter valued at $47,000. Horizon Financial Services LLC bought a new position in shares of United Dominion Realty Trust during the first quarter valued at $51,000. Finally, National Pension Service lifted its holdings in shares of United Dominion Realty Trust by 2,553.5% during the first 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. 97.82% of the stock is owned by institutional investors.

United Dominion Realty Trust 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.