United Dominion Realty Trust, Inc. (NYSE:UDR) is expected to pay $0.30 on Oct 31, 2016. The indicated annual dividend is $1.18. Shareholders owning the stock before Oct 6, 2016 will be eligible to receive the payout. Based on United Dominion Realty Trust, Inc.’s current price of $34.70, the dividend is 0.85%. This dividend’s record date is Oct 11, 2016 and the announcement date is Sep 23, 2016. The stock decreased 1.17% or $0.41 on October 4, hitting $34.7. UDR, Inc. (NYSE:UDR) has declined 4.06% since March 2, 2016 and is downtrending. It has underperformed by 12.32% the S&P500.
UDR, Inc. is a real estate investment trust. The company has a market cap of $9.32 billion. The Firm owns, operates, acquires, renovates, develops, redevelops and manages multifamily apartment communities generally located in various markets across the United States. It has a 432.24 P/E ratio. The Firm operates through two divisions: Same-Store Communities and Non-Mature Communities/Other.
Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 0.04, from 1.04 in 2016Q1. The ratio is negative, as 27 funds sold all UDR, Inc. shares owned while 110 reduced positions. 28 funds bought stakes while 109 increased positions. They now own 266.03 million shares or 1.86% more from 261.17 million shares in 2016Q1.
Commonwealth Fincl Bank Of Aus holds 0% or 1,862 shares in its portfolio. Profund Lc accumulated 18,957 shares or 0.03% of the stock. Art Ltd Liability Company last reported 0.1% of its portfolio in the stock. Lazard Asset Mngmt Limited Liability Co, a New York-based fund reported 700 shares. Cypress Mngmt Llc (Wy) has 378 shares for 0% of their US portfolio. Louisiana State Employees Retirement accumulated 17,500 shares or 0.03% of the stock. Macquarie Limited reported 575,574 shares or 0.04% of all its holdings. Exane Derivatives holds 0% of its portfolio in UDR, Inc. (NYSE:UDR) for 1 shares. Strs Ohio owns 441,031 shares or 0.07% of their US portfolio. Shelton Capital Mgmt reported 24,450 shares or 0.08% of all its holdings. Us State Bank De last reported 0% of its portfolio in the stock. Folger Nolan Fleming Douglas Cap Management holds 20,864 shares or 0.13% of its portfolio. British Columbia Inv Management Corporation accumulated 119,936 shares or 0.04% of the stock. Renaissance Grp Inc Ltd holds 0.02% of its portfolio in UDR, Inc. (NYSE:UDR) for 10,039 shares. State Of Tennessee Treasury Department has 0.01% invested in the company for 59,352 shares.
Insider Transactions: Since April 12, 2016, the stock had 4 buys, and 3 sales for $948,880 net activity. On Wednesday, September 28 Troupe Warren L sold $550,500 worth of the stock or 15,000 shares. The insider GROVE JON A sold $367,225. ALCOCK HARRY G also sold $277,253 worth of UDR, Inc. (NYSE:UDR) shares. On Wednesday, August 24 the insider McDonnough Clinton D bought $71,300. KLINGBEIL JAMES D bought 30 shares worth $1,010.
UDR, Inc. (NYSE:UDR) Ratings Coverage
Out of 19 analysts covering UDR Inc (NYSE:UDR), 3 rate it a “Buy”, 3 “Sell”, while 13 “Hold”. This means 16% are positive. UDR Inc has been the topic of 32 analyst reports since July 21, 2015 according to StockzIntelligence Inc. BMO Capital Markets upgraded UDR, Inc. (NYSE:UDR) rating on Monday, March 7. BMO Capital Markets has “Outperform” rating and $40 price target. On Thursday, February 11 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The firm has “Neutral” rating given on Tuesday, July 21 by SunTrust. Zacks upgraded it to “Hold” rating and $39 target price in Monday, August 17 report. The stock of UDR, Inc. (NYSE:UDR) earned “Market Outperform” rating by JMP Securities on Tuesday, September 15. On Monday, August 3 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Mizuho downgraded the shares of UDR in a report on Monday, March 21 to “Neutral” rating. The firm has “Sell” rating given on Monday, November 9 by Miller Tabak. The firm has “Buy” rating by Mizuho given on Friday, December 18. The stock has “Neutral” rating given by Credit Suisse on Tuesday, October 27.
Another recent and important UDR, Inc. (NYSE:UDR) news was published by Prnewswire.com which published an article titled: “REIT Stocks Technical Report — UDR Inc., Apartment Investment and Management …” on September 16, 2016.
UDR Company Profile
UDR, Inc., incorporated on May 2, 2003, is a real estate investment trust. The Firm owns, operates, acquires, renovates, develops, redevelops and manages multifamily apartment communities generally located in various markets across the United States. The Firm operates through two divisions: Same-Store Communities and Non-Mature Communities/Other. The Company’s consolidated real estate portfolio includes approximately 130 communities located in over 20 markets, with a total of approximately 40,730 completed apartment homes. The Firm holds an ownership interest in approximately 30 communities containing over 6,700 apartment homes through unconsolidated joint ventures or partnerships.
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