Stock analysts at Barclays began coverage on shares of UDR (NYSE:UDR - Get Free Report) in a research report issued on Tuesday, Marketbeat.com reports. The firm set an "overweight" rating and a $50.00 price target on the real estate investment trust's stock. Barclays's target price indicates a potential upside of 12.59% from the stock's previous close.
Other equities research analysts also recently issued research reports about the stock. UBS Group raised their price objective on shares of UDR from $48.00 to $52.00 and gave the company a "buy" rating in a research report on Thursday, September 12th. Deutsche Bank Aktiengesellschaft increased their price objective on UDR from $40.00 to $44.00 and gave the company a "hold" rating in a research note on Tuesday, September 10th. Evercore ISI lifted their price objective on UDR from $42.00 to $43.00 and gave the company an "in-line" rating in a research report on Monday, September 9th. Royal Bank of Canada cut their price target on shares of UDR from $46.00 to $45.00 and set a "sector perform" rating on the stock in a research note on Tuesday, November 5th. Finally, Wells Fargo & Company raised their price target on shares of UDR from $41.00 to $48.00 and gave the company an "overweight" rating in a report on Monday, August 26th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $46.00.
View Our Latest Research Report on UDR
UDR Stock Down 0.7 %
UDR traded down $0.33 on Tuesday, reaching $44.41. The company's stock had a trading volume of 2,076,561 shares, compared to its average volume of 2,427,111. UDR has a fifty-two week low of $34.19 and a fifty-two week high of $47.55. The company has a quick ratio of 5.91, a current ratio of 5.91 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $14.65 billion, a price-to-earnings ratio of 120.92, a P/E/G ratio of 12.34 and a beta of 0.87. The stock has a 50 day moving average of $44.38 and a two-hundred day moving average of $43.04.
Institutional Investors Weigh In On UDR
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC grew its holdings in shares of UDR by 25.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,847 shares of the real estate investment trust's stock valued at $323,000 after buying an additional 1,612 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of UDR by 17.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,204 shares of the real estate investment trust's stock worth $296,000 after purchasing an additional 1,050 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of UDR by 1,018.3% during the second quarter. Blue Trust Inc. now owns 1,040 shares of the real estate investment trust's stock worth $39,000 after purchasing an additional 947 shares during the period. Fifth Third Bancorp boosted its stake in shares of UDR by 5.9% during the 2nd quarter. Fifth Third Bancorp now owns 20,091 shares of the real estate investment trust's stock valued at $827,000 after buying an additional 1,117 shares during the period. Finally, GYL Financial Synergies LLC grew its holdings in shares of UDR by 12.4% during the 2nd quarter. GYL Financial Synergies LLC now owns 56,149 shares of the real estate investment trust's stock valued at $2,311,000 after acquiring an additional 6,198 shares in the last quarter. 97.84% of the stock is owned by institutional investors and hedge funds.
About UDR
(
Get Free Report)
UDR, Inc NYSE: UDR, an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S.
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