UDR stock icon

UDR
UDR

$41.67
1.44%

Market Cap: 13.7B

 

About: UDR is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized prior to January 1, 2021, and held as of December 31, 2022, and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. The company generates key revenue from Same-Store Communities.

Employees: 1,410

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 21 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

14.13% more ownership

Funds ownership: 97.65% [Q4 2023] → 111.78% (+14.13%) [Q1 2024]

14% more repeat investments, than reductions

Existing positions increased: 174 | Existing positions reduced: 153

0% more funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 7 (+0) [Q1 2024]

2% less funds holding

Funds holding: 449 [Q4 2023] → 438 (-11) [Q1 2024]

9% less capital invested

Capital invested by funds: $12.3B [Q4 2023] → $11.2B (-$1.14B) [Q1 2024]

19% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 58

66% less call options, than puts

Call options by funds: $6.48M | Put options by funds: $19.2M

Research analyst outlook

21 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$34
18%
downside
Avg. target
$40
4%
downside
High target
$45
8%
upside

21 analyst ratings

10 positive
48%
10 neutral
48%
negative
5%
BMO Capital
John Kim
8%upside
$45
Outperform
Upgraded
15 Jul 2024
Truist Securities
Michael Lewis
6%upside
$44
Buy
Maintained
24 Jun 2024
JP Morgan
Anthony Paolone
3%upside
$43
Overweight
Maintained
17 Jun 2024
Wells Fargo
James Feldman
2%downside
$41
Overweight
Maintained
31 May 2024
Mizuho
Vikram Malhorta
9%downside
$38
Neutral
Maintained
30 May 2024

Financial journalist opinion

Based on 5 articles about UDR published over the past 30 days