B&I Capital AG Decreases Position in UDR, Inc. (NYSE:UDR)

B&I Capital AG cut its holdings in shares of UDR, Inc. (NYSE:UDR - Free Report) by 5.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 233,820 shares of the real estate investment trust's stock after selling 14,750 shares during the period. UDR makes up 3.3% of B&I Capital AG's holdings, making the stock its 9th biggest holding. B&I Capital AG owned 0.07% of UDR worth $10,150,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of UDR by 862.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,086,964 shares of the real estate investment trust's stock valued at $139,963,000 after buying an additional 2,766,172 shares during the last quarter. Mizuho Securities USA LLC lifted its stake in UDR by 8,460.5% during the 3rd quarter. Mizuho Securities USA LLC now owns 2,000,000 shares of the real estate investment trust's stock valued at $90,680,000 after acquiring an additional 1,976,637 shares in the last quarter. FMR LLC boosted its holdings in UDR by 14.8% during the 3rd quarter. FMR LLC now owns 11,401,026 shares of the real estate investment trust's stock worth $516,923,000 after acquiring an additional 1,471,855 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of UDR by 5.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,774,541 shares of the real estate investment trust's stock worth $352,498,000 after acquiring an additional 368,087 shares in the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in shares of UDR by 1,665.3% in the 3rd quarter. Los Angeles Capital Management LLC now owns 369,448 shares of the real estate investment trust's stock worth $16,751,000 after acquiring an additional 348,520 shares in the last quarter. Institutional investors and hedge funds own 97.84% of the company's stock.

Insider Activity

In other UDR news, CEO Thomas W. Toomey sold 25,000 shares of the firm's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $42.75, for a total value of $1,068,750.00. Following the completion of the transaction, the chief executive officer now owns 824,716 shares in the company, valued at $35,256,609. This trade represents a 2.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.73% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

UDR has been the topic of several analyst reports. StockNews.com upgraded shares of UDR from a "sell" rating to a "hold" rating in a report on Thursday, February 6th. Mizuho cut their target price on UDR from $47.00 to $45.00 and set a "neutral" rating on the stock in a research note on Monday, January 6th. Wells Fargo & Company reduced their target price on UDR from $48.00 to $45.00 and set an "overweight" rating for the company in a report on Friday, January 24th. Scotiabank lifted their price target on UDR from $48.00 to $49.00 and gave the stock a "sector perform" rating in a report on Friday, February 14th. Finally, Jefferies Financial Group downgraded UDR from a "buy" rating to a "hold" rating and reduced their price objective for the company from $50.00 to $45.00 in a research note on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, UDR presently has a consensus rating of "Hold" and an average price target of $46.18.

UDR Stock Performance

NYSE UDR traded up $0.90 during trading on Monday, hitting $46.08. 2,104,983 shares of the company's stock traded hands, compared to its average volume of 2,049,535. The company has a debt-to-equity ratio of 1.71, a quick ratio of 5.91 and a current ratio of 5.61. The stock has a market capitalization of $15.26 billion, a price-to-earnings ratio of 184.32, a PEG ratio of 8.67 and a beta of 0.88. UDR, Inc. has a 12-month low of $35.14 and a 12-month high of $47.55. The business has a 50 day moving average of $42.32 and a 200-day moving average of $43.69.

UDR (NYSE:UDR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.53. UDR had a net margin of 5.36% and a return on equity of 2.65%. As a group, equities research analysts anticipate that UDR, Inc. will post 2.51 earnings per share for the current fiscal year.

UDR Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 9th were given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 3.69%. The ex-dividend date was Friday, January 10th. UDR's dividend payout ratio (DPR) is presently 680.00%.

UDR Company Profile

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.