United Dominion Realty Trust (NYSE:UDR) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

United Dominion Realty Trust, Inc. (NYSE:UDR)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $36.79 and traded as high as $37.86. United Dominion Realty Trust shares last traded at $37.1230, with a volume of 3,945,758 shares traded.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on UDR. Morgan Stanley dropped their price target on shares of United Dominion Realty Trust from $44.50 to $43.50 and set an “equal weight” rating for the company in a research note on Thursday, November 13th. The Goldman Sachs Group restated a “sell” rating and issued a $39.00 price objective on shares of United Dominion Realty Trust in a report on Thursday, February 12th. Evercore reaffirmed an “outperform” rating on shares of United Dominion Realty Trust in a report on Wednesday, February 11th. Mizuho lowered their price objective on United Dominion Realty Trust from $40.00 to $38.00 and set a “neutral” rating for the company in a research report on Monday, November 24th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of United Dominion Realty Trust in a research note on Monday, December 29th. Five analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, United Dominion Realty Trust has a consensus rating of “Hold” and an average target price of $40.89.

United Dominion Realty Trust Trading Down 1.6%

The firm has a 50-day moving average of $37.06 and a 200 day moving average of $36.78. The company has a market cap of $12.20 billion, a P/E ratio of 32.85, a price-to-earnings-growth ratio of 12.47 and a beta of 0.72. The company has a current ratio of 4.48, a quick ratio of 4.92 and a debt-to-equity ratio of 1.79.

United Dominion Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were paid a $0.43 dividend. The ex-dividend date was Monday, January 12th. This represents a $1.72 annualized dividend and a dividend yield of 4.6%. United Dominion Realty Trust’s payout ratio is currently 152.21%.

Hedge Funds Weigh In On United Dominion Realty Trust

A number of institutional investors and hedge funds have recently made changes to their positions in UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in United Dominion Realty Trust by 1.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,692 shares of the real estate investment trust’s stock valued at $2,741,000 after buying an additional 986 shares in the last quarter. Jane Street Group LLC grew its stake in United Dominion Realty Trust by 35.0% in the first quarter. Jane Street Group LLC now owns 14,028 shares of the real estate investment trust’s stock valued at $634,000 after acquiring an additional 3,637 shares during the period. Finally, Empowered Funds LLC increased its holdings 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 valued at $277,000 after acquiring an additional 337 shares in the last quarter. Institutional investors own 97.82% of the company’s stock.

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.