Robeco Institutional Asset Management B.V. lowered its holdings in shares of UDR, Inc. (NYSE:UDR - Free Report) by 58.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,893 shares of the real estate investment trust's stock after selling 33,986 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in UDR were worth $1,037,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also bought and sold shares of the company. Activest Wealth Management bought a new position in UDR during the third quarter valued at $27,000. Brooklyn Investment Group bought a new stake in shares of UDR in the 3rd quarter worth about $33,000. Continuum Advisory LLC lifted its holdings in shares of UDR by 5,335.3% in the 3rd quarter. Continuum Advisory LLC now owns 924 shares of the real estate investment trust's stock worth $41,000 after acquiring an additional 907 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of UDR by 58.2% in the 3rd quarter. Mather Group LLC. now owns 998 shares of the real estate investment trust's stock worth $45,000 after acquiring an additional 367 shares during the last quarter. Finally, Salem Investment Counselors Inc. lifted its holdings in shares of UDR by 62.7% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,349 shares of the real estate investment trust's stock worth $59,000 after acquiring an additional 520 shares during the last quarter. Institutional investors own 97.84% of the company's stock.
UDR Stock Down 0.2 %
Shares of UDR stock traded down $0.08 on Friday, reaching $42.91. The stock had a trading volume of 1,807,971 shares, compared to its average volume of 1,885,070. The company has a quick ratio of 5.91, a current ratio of 1.32 and a debt-to-equity ratio of 1.71. The stock has a market capitalization of $14.16 billion, a P/E ratio of 171.64, a P/E/G ratio of 11.72 and a beta of 0.88. The company has a 50 day moving average price of $42.65 and a 200 day moving average price of $43.43. UDR, Inc. has a 1 year low of $34.19 and a 1 year high of $47.55.
UDR (NYSE:UDR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.53. UDR had a return on equity of 2.65% and a net margin of 5.36%. As a group, equities research analysts forecast that UDR, Inc. will post 2.51 EPS for the current year.
UDR Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 9th were paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend was Friday, January 10th. UDR's dividend payout ratio (DPR) is presently 680.00%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the stock. Scotiabank decreased their price objective on shares of UDR from $49.00 to $48.00 and set a "sector perform" rating for the company in a report on Thursday, November 14th. StockNews.com upgraded shares of UDR from a "sell" rating to a "hold" rating in a report on Thursday. Jefferies Financial Group lowered shares of UDR from a "buy" rating to a "hold" rating and decreased their price objective for the company from $50.00 to $45.00 in a report on Thursday, January 2nd. Barclays decreased their price objective on shares of UDR from $50.00 to $48.00 and set an "overweight" rating for the company in a report on Friday, January 24th. Finally, Royal Bank of Canada lifted their price objective on shares of UDR from $43.00 to $44.00 and gave the company a "sector perform" rating in a report on Friday. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $46.00.
Get Our Latest Report on UDR
About UDR
(
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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