UDR Inc (NYSE: UDR) is 20.19% higher on its value in year-to-date trading and has touched a low of $30.95 and a high of $47.55 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 $46.35 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $46.02, the stock is 1.69% and 7.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.98 million and changing -0.71% at the moment leaves the stock 17.75% off its SMA200. UDR registered 27.21% gain for a year compared to 6-month gain of 24.78%. The firm has a 50-day simple moving average (SMA 50) of $43.0814 and a 200-day simple moving average (SMA200) of $39.141.
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The stock witnessed a 6.28% loss in the last 1 month and extending the period to 3 months gives it a 12.74%, and is -0.75% down 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 1.46% over the week and 1.64% over the month.
UDR Inc (UDR) has around 1410 employees, a market worth around $15.18B and $1.65B in sales. Current P/E ratio is 113.88 and Fwd P/E is 98.56. Profit margin for the company is 8.05%. Distance from 52-week low is 48.69% and -3.22% from its 52-week high. The company has generated returns on investments over the last 12 months (1.45%).
with sales reaching $418.37M over the same period.The EPS is expected to shrink by -69.55% this year, but quarterly earnings will post 2.60% year-over-year. Quarterly sales are estimated to grow 2.00% in year-over-year returns.
UDR Inc (UDR) Top Institutional Holders
751.0 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 1.60%. 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
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UDR Inc disclosed in a document filed with the SEC on Jun 07 ’24 that TOOMEY THOMAS W (Chairman and CEO) sold a total of 90,000 shares of the company’s common stock. The trade occurred on Jun 07 ’24 and was made at $39.52 per share for $3.56 million. Following the transaction, the insider now directly holds 0.85 million shares of the UDR stock.
Still, SEC filings show that on May 10 ’24, Lacy Michael D (SVP-Property Operations) disposed off 4,500 shares at an average price of $38.17 for $0.17 million. The insider now directly holds 8,566 shares of UDR Inc (UDR).
