UDR (NYSE:UDR – Get Free Report) had its goal worth lifted by Deutsche Financial institution Aktiengesellschaft from $40.00 to $44.00 in a analysis report issued on Tuesday, Benzinga reviews. The agency at present has a “maintain” ranking on the true property funding belief’s inventory. Deutsche Financial institution Aktiengesellschaft’s goal worth would point out a possible draw back of 4.31% from the inventory’s present worth.
A lot of different brokerages have additionally issued reviews on UDR. UBS Group raised their worth goal on UDR from $44.00 to $48.00 and gave the inventory a “purchase” ranking in a analysis be aware on Thursday, July 18th. Wedbush lifted their goal worth on UDR from $45.00 to $49.00 and gave the corporate an “outperform” ranking in a analysis report on Monday, August fifth. The Goldman Sachs Group initiated protection on UDR in a analysis report on Wednesday, September 4th. They set a “promote” ranking and a $42.00 goal worth for the corporate. Evercore ISI lifted their goal worth on UDR from $42.00 to $43.00 and gave the corporate an “in-line” ranking in a analysis report on Monday. Lastly, Piper Sandler lifted their goal worth on UDR from $40.00 to $46.00 and gave the corporate a “impartial” ranking in a analysis report on Monday, August twenty sixth. One equities analysis analyst has rated the inventory with a promote ranking, ten have given a maintain ranking and eight have issued a purchase ranking to the corporate’s inventory. In line with information from MarketBeat.com, the inventory presently has a consensus ranking of “Maintain” and a consensus goal worth of $43.44.
Get Our Newest Inventory Evaluation on UDR
UDR Inventory Up 0.9 %
UDR opened at $45.98 on Tuesday. The corporate has a debt-to-equity ratio of 1.57, a fast ratio of 5.82 and a present ratio of 5.82. The agency’s fifty day transferring common is $42.13 and its 200 day transferring common is $39.57. The inventory has a market cap of $15.14 billion, a price-to-earnings ratio of 33.32, a price-to-earnings-growth ratio of 9.66 and a beta of 0.85. UDR has a fifty-two week low of $30.95 and a fifty-two week excessive of $46.03.
UDR (NYSE:UDR – Get Free Report) final posted its earnings outcomes on Tuesday, July thirtieth. The actual property funding belief reported $0.08 EPS for the quarter, lacking analysts’ consensus estimates of $0.61 by ($0.53). The agency had income of $415.30 million throughout the quarter, in comparison with analysts’ expectations of $413.75 million. UDR had a return on fairness of three.70% and a web margin of 8.34%. UDR’s quarterly income was up 2.7% on a year-over-year foundation. Throughout the identical quarter within the prior 12 months, the agency posted $0.61 earnings per share. On common, sell-side analysts forecast that UDR will submit 2.46 earnings per share for the present fiscal 12 months.
Institutional Inflows and Outflows
Hedge funds have just lately added to or decreased their stakes within the enterprise. Sanctuary Advisors LLC acquired a brand new stake in shares of UDR within the second quarter valued at $488,000. Truist Monetary Corp raised its stake in shares of UDR by 0.6% within the second quarter. Truist Monetary Corp now owns 66,673 shares of the true property funding belief’s inventory valued at $2,744,000 after buying a further 414 shares within the final quarter. Point72 Asset Administration L.P. acquired a brand new stake in UDR within the second quarter valued at $586,000. Artistic Planning raised its stake in UDR by 16.1% within the second quarter. Artistic Planning now owns 15,732 shares of the true property funding belief’s inventory valued at $647,000 after shopping for a further 2,181 shares within the final quarter. Lastly, Waterfall Asset Administration LLC acquired a brand new stake in UDR within the second quarter valued at $820,000. 97.84% of the inventory is at present owned by hedge funds and different institutional buyers.
About UDR
UDR, Inc (NYSE: UDR), an S&P 500 firm, is a number one multifamily actual property funding belief with a demonstrated efficiency historical past of delivering superior and reliable returns by efficiently managing, shopping for, promoting, growing and redeveloping engaging actual property communities in focused U.S.
Featured Tales
Obtain Information & Scores for UDR Every day – Enter your e-mail handle under to obtain a concise each day abstract of the most recent information and analysts’ scores for UDR and associated corporations with MarketBeat.com’s FREE each day e-mail e-newsletter.
