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

United Dominion Realty Trust (NYSE:UDR) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

A number of other analysts have also recently commented on UDR. UBS Group upped their price target on United Dominion Realty Trust from $41.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. The Goldman Sachs Group reiterated a “sell” rating and set a $39.00 price objective on shares of United Dominion Realty Trust in a research note on Thursday, February 12th. Scotiabank reduced their target price on shares of United Dominion Realty Trust from $46.00 to $37.00 and set a “sector perform” rating for the company in a report on Tuesday, November 4th. Cantor Fitzgerald lifted their price target on shares of United Dominion Realty Trust from $37.00 to $42.00 and gave the company a “neutral” rating in a report on Wednesday, February 11th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of United Dominion Realty Trust in a research report on Monday, December 29th. Five analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, United Dominion Realty Trust currently has a consensus rating of “Hold” and an average price target of $40.89.

United Dominion Realty Trust Trading Down 1.6%

Shares of United Dominion Realty Trust stock opened at $37.12 on Friday. United Dominion Realty Trust has a 1-year low of $32.94 and a 1-year high of $46.47. The company’s fifty day simple moving average is $37.06 and its 200-day simple moving average is $36.77. The company has a debt-to-equity ratio of 1.79, a current ratio of 4.48 and a quick ratio of 4.48. The stock has a market capitalization of $12.20 billion, a PE ratio of 32.85, a P/E/G ratio of 12.47 and a beta of 0.72.

Institutional Investors Weigh In On United Dominion Realty Trust

Several institutional investors and hedge funds have recently modified their holdings of UDR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position 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 acquiring an additional 986 shares during the last quarter. Empowered Funds LLC lifted its stake in United Dominion Realty Trust by 5.8% in the 1st quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock worth $277,000 after purchasing an additional 337 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in United Dominion Realty Trust by 35.0% in 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. 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.