Jefferies Financial Group Inc. bought a new position in United Dominion Realty Trust, Inc. (NYSE:UDR – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 35,181 shares of the real estate investment trust’s stock, valued at approximately $1,404,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Addison Advisors LLC purchased a new position in shares of United Dominion Realty Trust in the 2nd quarter worth about $58,000. Northwestern Mutual Wealth Management Co. acquired a new stake in United Dominion Realty Trust during the 2nd quarter worth approximately $75,000. Allworth Financial LP acquired a new stake in United Dominion Realty Trust during the 2nd quarter worth approximately $106,000. Westpac Banking Corp purchased a new position in United Dominion Realty Trust in the second quarter valued at approximately $114,000. Finally, Global Retirement Partners LLC purchased a new position in United Dominion Realty Trust in the second quarter valued at approximately $187,000. 97.82% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at United Dominion Realty Trust
In related news, CEO Thomas W. Toomey sold 80,000 shares of the 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.82% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on United Dominion Realty Trust
United Dominion Realty Trust Stock Up 0.3%
NYSE:UDR opened at $37.19 on Friday. The stock has a 50-day simple moving average of $38.93 and a 200 day simple moving average of $37.46. United Dominion Realty Trust, Inc. has a one year low of $32.94 and a one year high of $42.00. The company has a market capitalization of $11.95 billion, a price-to-earnings ratio of 23.69, a price-to-earnings-growth ratio of 9.45 and a beta of 0.70. The company has a debt-to-equity ratio of 2.01, a quick ratio of 4.22 and a current ratio of 4.22.
United Dominion Realty Trust (NYSE:UDR – Get Free Report) last announced its quarterly earnings data 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. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The firm had revenue of $425.40 million for the quarter, compared to analysts’ expectations of $423.35 million. During the same period last year, the business posted $0.64 earnings per share. The firm’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. Sell-side analysts predict that United Dominion Realty Trust, Inc. will post 2.53 EPS for the current fiscal year.
United Dominion Realty Trust declared that its board has initiated a share 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 reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.
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.
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