UDR Inc (NYSE: UDR) is 16.45% higher on its value in year-to-date trading and has touched a low of $30.95 and a high of $45.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UDR stock was last observed hovering at around $44.92 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $44.59, the stock is 4.82% and 7.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.93 million and changing -0.73% at the moment leaves the stock 16.65% off its SMA200. UDR registered 12.39% gain for a year compared to 6-month gain of 19.99%.
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The stock witnessed a 11.59% loss in the last 1 month and extending the period to 3 months gives it a 12.63%, and is 2.18% 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 1.55% over the week and 1.58% over the month.
UDR Inc (UDR) has around 1410 employees, a market worth around $14.71B and $1.65B in sales. Current P/E ratio is 110.34 and Fwd P/E is 93.94. Profit margin for the company is 8.05%. Distance from 52-week low is 44.07% and -1.13% from its 52-week high. The company has generated returns on investments over the last 12 months (1.45%).
The EPS is expected to shrink by -69.06% this year
754.0 institutions hold shares in UDR Inc (UDR), with institutional investors hold 100.57% of the company’s shares. The shares outstanding are 329.01M, and float is at 328.19M with Short Float at 1.58%. Institutions hold 100.08% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 50.55 million shares valued at $2.08 billion. The investor’s holdings represent 15.3718 of the UDR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 31.86 million shares valued at $1.31 billion to account for 9.6904 of the shares outstanding. The other top investors are COHEN & STEERS, INC. which holds 29.39 million shares representing 8.9365 and valued at over $1.21 billion, while NORGES BANK holds 8.4812 of the shares totaling 27.89 million with a market value of $1.15 billion.
UDR Inc (UDR) Insider Activity
The most recent transaction is an insider sale by TOOMEY THOMAS W, the company’s Chairman and CEO. SEC filings show that TOOMEY THOMAS W sold 90,000 shares of the company’s common stock on Jun 07 ’24 at a price of $39.52 per share for a total of $3.56 million. Following the sale, the insider now owns 0.85 million shares.
UDR Inc disclosed in a document filed with the SEC on May 10 ’24 that Lacy Michael D (SVP-Property Operations) sold a total of 4,500 shares of the company’s common stock. The trade occurred on May 10 ’24 and was made at $38.17 per share for $0.17 million. Following the transaction, the insider now directly holds 8566.0 shares of the UDR stock.
Still, SEC filings show that on Dec 26 ’23, TOOMEY THOMAS W (Chairman and CEO) disposed off 45,000 shares at an average price of $37.90 for $1.71 million. The insider now directly holds 939,716 shares of UDR Inc (UDR).
