UDR Inc. (UDR) makes 1.84% gain – What does that mean for its investors?

UDR Inc. (NYSE: UDR) is -0.70% lower on its value in year-to-date trading and has touched a low of $29.20 and a high of $51.25 in the current 52-week trading range. The UDR stock was last observed hovering at around $36.79 in the last trading session, with the day’s gains setting it 1.37% off its average median price target of $40.50 for the next 12 months. It is also 17.04% off the consensus price target high of $46.00 offered by 19 analysts, but current levels are -12.24% lower than the price target low of $34.00 for the same period.

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Currently trading at $38.16, the stock is 0.36% and 2.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.76 million and changing 3.72% at the moment leaves the stock 5.28% off its SMA200. UDR registered -16.72% loss for a year compared to 6-month gain of 4.46%. The firm has a 50-day simple moving average (SMA 50) of $38.59 and a 200-day simple moving average (SMA200) of $35.87.

The stock witnessed a -6.19% loss in the last 1 month and extending the period to 3 months gives it a 8.84%, and is 1.84% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.18% over the week and 3.19% over the month.

UDR Inc. (UDR) has around 1330 employees, a market worth around $11.10B and $1.24B in sales. Current P/E ratio is 85.75. Profit margin for the company is 10.50%. Distance from 52-week low is 30.68% and -25.54% from its 52-week high. The company has generated returns on investments over the last 12 months (2.70%).

UDR Inc. (UDR) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for UDR Inc. (UDR) is a “Overweight”. 19 analysts offering their recommendations for the stock have an average rating of 2.50, where 9 rate it as a Hold and 1 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

UDR Inc. is expected to release its quarterly report on 04/26/2021 and quarterly earnings per share for the current quarter are estimated at $0.11 with sales reaching $305.25M over the same period.The EPS is expected to shrink by -14.50% this year, but quarterly earnings will post 9.00% year-over-year. Quarterly sales are estimated to grow 0.80% in year-over-year returns.

UDR Inc. (UDR) Top Institutional Holders

631 institutions hold shares in UDR Inc. (UDR), with 2.94M shares held by insiders accounting for 1.00% while institutional investors hold 100.35% of the company’s shares. The shares outstanding are 294.71M, and float is at 291.54M with Short Float at 2.64%. Institutions hold 99.35% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 46.53 million shares valued at $1.52 billion. The investor’s holdings represent 15.80% of the UDR Shares outstanding. As of Sep 29, 2020, the second largest holder is Cohen & Steers Inc. with 36.73 million shares valued at $1.2 billion to account for 12.47% of the shares outstanding. The other top investors are Blackrock Inc. which holds 33.72 million shares representing 11.45% and valued at over $1.1 billion, while State Street Corporation holds 5.86% of the shares totaling 17.27 million with a market value of $563.06 million.

UDR Inc. (UDR) Insider Activity

A total of 3 insider transactions have happened at UDR Inc. (UDR) in the last six months, with sales accounting for 2 and purchases happening 1 times. The most recent transaction is an insider sale by TOOMEY THOMAS W, the company’s Chairman & CEO. SEC filings show that TOOMEY THOMAS W sold 100,000 shares of the company’s common stock on Jan 04 at a price of $38.50 per share for a total of $3.85 million. Following the sale, the insider now owns 1.37 million shares.

UDR Inc. disclosed in a document filed with the SEC on Nov 10 that TOOMEY THOMAS W (Chairman and CEO) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Nov 10 and was made at $39.00 per share for $1.17 million. Following the transaction, the insider now directly holds 1.47 million shares of the UDR stock.

Still, SEC filings show that on Jun 08, ALCOCK HARRY G (SVP-Chief Investment Officer) disposed off 10,000 shares at an average price of $42.50 for $0.42 million. The insider now directly holds 77,261 shares of UDR Inc. (UDR).

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UDR Inc. (UDR): Who are the competitors?

The company’s main competitors (and peers) include American Homes 4 Rent (AMH) that is trading 16.05% up over the past 12 months. Short interest in the company’s stock has fallen -11.82% from the last report on Nov 12, 2020 to stand at a total of 8.61 million short shares sold with a short interest ratio of 3.43.

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