News headlines about UDR (NYSE:UDR) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. UDR earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.0661672108555 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
UDR has been the topic of a number of analyst reports. Robert W. Baird restated a “buy” rating and issued a $40.00 target price on shares of UDR in a report on Tuesday, January 9th. Mizuho set a $38.00 target price on shares of UDR and gave the stock a “buy” rating in a research note on Friday, February 9th. Bank of America upgraded shares of UDR from a “neutral” rating to a “buy” rating and set a $40.00 target price on the stock in a research note on Friday, March 9th. TheStreet cut shares of UDR from a “b-” rating to a “c” rating in a research report on Tuesday, February 6th. Finally, Zacks Investment Research upgraded shares of UDR from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Eleven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $39.15.
UDR (NYSE:UDR) traded up $0.13 during mid-day trading on Wednesday, hitting $35.54. 1,830,951 shares of the stock traded hands, compared to its average volume of 1,688,099. The stock has a market capitalization of $9,471.41, a P/E ratio of 18.89, a PEG ratio of 3.28 and a beta of 0.41. The company has a debt-to-equity ratio of 1.32, a current ratio of 4.93 and a quick ratio of 4.93. UDR has a 1 year low of $32.88 and a 1 year high of $40.71.
In other UDR news, CEO Thomas W. Toomey sold 20,000 shares of the stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $39.20, for a total transaction of $784,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,127,925 shares of the company’s stock, valued at $44,214,660. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 3.07% of the company’s stock.
UDR Company Profile
UDR, Inc is a self-administered real estate investment trust. The Company owns, operates, acquires, renovates, develops, redevelops, disposes of and manages multifamily apartment communities generally located in various markets across the United States. The Company’s segments are Same-Store Communities and Non-Mature Communities/Other.
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