224,506 Shares in United Dominion Realty Trust, Inc. $UDR Acquired by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab purchased a new stake in United Dominion Realty Trust, Inc. (NYSE:UDR) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 224,506 shares of the real estate investment trust’s stock, valued at approximately $8,962,000.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of United Dominion Realty Trust during the 2nd quarter valued at $1,247,535,000. Bank of New York Mellon Corp purchased a new position in United Dominion Realty Trust in the 2nd quarter worth approximately $89,660,000. Deutsche Bank AG purchased a new position in United Dominion Realty Trust in the 2nd quarter worth approximately $36,150,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of United Dominion Realty Trust in the 2nd quarter worth $24,849,000. Finally, Danske Bank A S bought a new position in shares of United Dominion Realty Trust in the 2nd quarter worth $1,943,000. Hedge funds and other institutional investors own 97.82% of the company’s stock.

Insiders Place Their Bets

In other United Dominion Realty Trust news, CEO Thomas W. Toomey sold 80,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $39.25, for a total value of $3,140,000.00. Following the transaction, the chief executive officer directly owned 810,455 shares of the company’s stock, valued at approximately $31,810,358.75. This trade represents a 8.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.82% of the company’s stock.

United Dominion Realty Trust Stock Down 0.2%

UDR stock opened at $37.18 on Wednesday. The business has a fifty day moving average price of $39.06 and a 200-day moving average price of $37.42. 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 stock has a market capitalization of $11.95 billion, a P/E ratio of 23.68, a P/E/G ratio of 9.65 and a beta of 0.70. 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 announced its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.08. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The firm had revenue of $425.40 million during the quarter, compared to analyst estimates of $423.35 million. During the same period in the previous year, the business posted $0.64 earnings per share. The business’s revenue for the quarter was up .0% on a year-over-year basis. 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. Equities analysts forecast that United Dominion Realty Trust, Inc. will post 2.53 earnings per share for the current fiscal year.

United Dominion Realty Trust announced that its board has initiated a stock buyback plan on Monday, May 4th that authorizes the company to buyback 25,000,000 shares. This buyback authorization authorizes the real estate investment trust to buy shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $44.00 price objective on shares of United Dominion Realty Trust in a report on Friday. The Goldman Sachs Group reissued a “sell” rating and issued a $38.00 target price on shares of United Dominion Realty Trust in a research note on Thursday, July 30th. Scotiabank lifted their price target on United Dominion Realty Trust from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 9th. Barclays boosted their target price on United Dominion Realty Trust from $41.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Finally, Jefferies Financial Group upgraded shares of United Dominion Realty Trust to a “strong-buy” rating in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $41.66.

United Dominion Realty Trust 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.