1,742 Shares in UDR, Inc. (NYSE:UDR) Bought by Crews Bank & Trust

Crews Bank & Trust acquired a new position in shares of UDR, Inc. (NYSE:UDR) during the 4th quarter, Holdings Channel.com reports. The fund acquired 1,742 shares of the real estate investment trust’s stock, valued at approximately $76,000.

A number of other institutional investors also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of UDR by 862.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,086,964 shares of the real estate investment trust’s stock worth $139,963,000 after buying an additional 2,766,172 shares during the last quarter. Mizuho Securities USA LLC grew its stake in shares of UDR by 8,460.5% in the 3rd quarter. Mizuho Securities USA LLC now owns 2,000,000 shares of the real estate investment trust’s stock valued at $90,680,000 after purchasing an additional 1,976,637 shares during the last quarter. FMR LLC increased its holdings in shares of UDR by 14.8% in the third quarter. FMR LLC now owns 11,401,026 shares of the real estate investment trust’s stock valued at $516,923,000 after purchasing an additional 1,471,855 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of UDR by 5.0% in the third quarter. JPMorgan Chase & Co. now owns 7,774,541 shares of the real estate investment trust’s stock valued at $352,498,000 after purchasing an additional 368,087 shares during the period. Finally, Los Angeles Capital Management LLC raised its stake in shares of UDR by 1,665.3% during the third quarter. Los Angeles Capital Management LLC now owns 369,448 shares of the real estate investment trust’s stock worth $16,751,000 after purchasing an additional 348,520 shares during the last quarter. 97.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Barclays lowered their price objective on shares of UDR from $50.00 to $48.00 and set an “overweight” rating on the stock in a research report on Friday, January 24th. Jefferies Financial Group lowered UDR from a “buy” rating to a “hold” rating and decreased their price target for the stock from $50.00 to $45.00 in a research note on Thursday, January 2nd. StockNews.com downgraded UDR from a “hold” rating to a “sell” rating in a research note on Thursday, January 2nd. Royal Bank of Canada dropped their price target on UDR from $46.00 to $45.00 and set a “sector perform” rating for the company in a research report on Tuesday, November 5th. Finally, Wells Fargo & Company lowered their price objective on shares of UDR from $48.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $46.06.

UDR Trading Up 0.7 %

Shares of UDR stock opened at $41.74 on Friday. UDR, Inc. has a fifty-two week low of $34.19 and a fifty-two week high of $47.55. The business’s fifty day moving average is $43.09 and its two-hundred day moving average is $43.40. The company has a quick ratio of 5.91, a current ratio of 5.91 and a debt-to-equity ratio of 1.69. The firm has a market cap of $13.77 billion, a PE ratio of 112.81, a P/E/G ratio of 11.12 and a beta of 0.89.

UDR Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 9th were paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date was Friday, January 10th. UDR’s payout ratio is 459.47%.

UDR Profile

UDR, Inc (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S.