UDR, Inc. (NYSE:UDR) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its position in shares of UDR, Inc. (NYSE:UDR) by 354.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,879 shares of the real estate investment trust’s stock after acquiring an additional 45,134 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in UDR were worth $2,624,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. BI Asset Management Fondsmaeglerselskab A S increased its holdings in UDR by 20.6% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,782 shares of the real estate investment trust’s stock valued at $141,000 after acquiring an additional 645 shares in the last quarter. Texas Permanent School Fund Corp increased its stake in shares of UDR by 2.9% during the 1st quarter. Texas Permanent School Fund Corp now owns 62,539 shares of the real estate investment trust’s stock worth $2,340,000 after purchasing an additional 1,788 shares in the last quarter. Duality Advisers LP acquired a new position in shares of UDR during the 1st quarter worth approximately $405,000. Forsta AP Fonden lifted its stake in UDR by 173.7% in the 1st quarter. Forsta AP Fonden now owns 183,400 shares of the real estate investment trust’s stock valued at $6,861,000 after buying an additional 116,400 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in UDR by 23.5% during the 1st quarter. Sei Investments Co. now owns 1,670,595 shares of the real estate investment trust’s stock valued at $62,497,000 after buying an additional 318,282 shares during the last quarter. Institutional investors and hedge funds own 97.84% of the company’s stock.

Wall Street Analysts Forecast Growth

UDR has been the topic of several recent research reports. Truist Financial upped their price objective on UDR from $44.00 to $47.00 and gave the company a “buy” rating in a research report on Monday, August 26th. Scotiabank lifted their price objective on UDR from $45.00 to $49.00 and gave the company a “sector perform” rating in a research report on Monday, September 16th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of UDR from $40.00 to $44.00 and gave the stock a “hold” rating in a report on Tuesday, September 10th. BNP Paribas initiated coverage on shares of UDR in a research note on Wednesday, September 11th. They set an “outperform” rating and a $49.00 price target on the stock. Finally, The Goldman Sachs Group initiated coverage on UDR in a report on Wednesday, September 4th. They issued a “sell” rating and a $42.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $45.24.

UDR Trading Up 2.2 %

NYSE:UDR opened at $44.48 on Friday. The stock has a market cap of $14.68 billion, a price-to-earnings ratio of 120.22, a price-to-earnings-growth ratio of 9.45 and a beta of 0.85. UDR, Inc. has a one year low of $31.87 and a one year high of $47.55. The company has a debt-to-equity ratio of 1.69, a quick ratio of 5.91 and a current ratio of 5.91. The business’s 50-day simple moving average is $44.62 and its 200 day simple moving average is $41.84.

UDR Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 10th were paid a dividend of $0.425 per share. The ex-dividend date was Thursday, October 10th. This represents a $1.70 dividend on an annualized basis and a yield of 3.82%. UDR’s dividend payout ratio (DPR) is 459.47%.

UDR Company 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.