622,465 Shares in United Dominion Realty Trust, Inc. $UDR Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 622,465 shares of the real estate investment trust’s stock, valued at approximately $24,849,000.

A number of other institutional investors have also recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in 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 purchasing an additional 986 shares in the last quarter. Empowered Funds LLC increased its position in shares of United Dominion Realty Trust by 5.8% in the first quarter. Empowered Funds LLC now owns 6,129 shares of the real estate investment trust’s stock valued at $277,000 after buying an additional 337 shares in the last quarter. Jane Street Group LLC increased its position in shares of 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 buying an additional 3,637 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of United Dominion Realty Trust during the 2nd quarter worth approximately $676,000. Finally, State of Wyoming acquired a new position in shares of United Dominion Realty Trust during the 2nd quarter worth approximately $472,000. 97.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UDR. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $44.00 target price on shares of United Dominion Realty Trust in a research report on Friday, August 14th. Royal Bank Of Canada raised their price target on shares of United Dominion Realty Trust from $37.00 to $38.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Morgan Stanley cut their price objective on United Dominion Realty Trust from $44.50 to $42.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th. Mizuho increased their target price 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. Finally, Evercore restated an “outperform” rating on shares of United Dominion Realty Trust in a research report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $41.66.

Insider Transactions at United Dominion Realty Trust

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $39.25, for a total transaction of $3,140,000.00. Following the sale, the chief executive officer directly 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.82% of the company’s stock.

United Dominion Realty Trust Stock Performance

NYSE:UDR opened at $37.74 on Friday. The company has a debt-to-equity ratio of 2.01, a current ratio of 4.22 and a quick ratio of 4.22. The firm has a market capitalization of $12.12 billion, a price-to-earnings ratio of 24.04, a PEG ratio of 9.55 and a beta of 0.70. The company’s 50-day moving average is $38.99 and its two-hundred day moving average is $37.43. United Dominion Realty Trust, Inc. has a 1-year low of $32.94 and a 1-year high of $42.00.

United Dominion Realty Trust (NYSE:UDR) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.08. The company had revenue of $425.40 million during the quarter, compared to analysts’ expectations of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.64 earnings per share. 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. Analysts forecast that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current year.

United Dominion Realty Trust declared that its Board of Directors has initiated a share repurchase 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 reacquire shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

About United Dominion Realty Trust

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.