1,451 Shares in UDR, Inc. (NYSE:UDR) Acquired by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC purchased a new position in shares of UDR, Inc. (NYSE:UDR) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,451 shares of the real estate investment trust’s stock, valued at approximately $63,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Exchange Traded Concepts LLC grew its position in UDR by 8.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 3,330 shares of the real estate investment trust’s stock worth $145,000 after acquiring an additional 269 shares during the last quarter. CWM LLC grew its position in UDR by 10.0% during the 3rd quarter. CWM LLC now owns 3,802 shares of the real estate investment trust’s stock worth $172,000 after acquiring an additional 347 shares during the last quarter. Empowered Funds LLC grew its position in UDR by 7.1% during the 3rd quarter. Empowered Funds LLC now owns 5,246 shares of the real estate investment trust’s stock worth $238,000 after acquiring an additional 350 shares during the last quarter. TCV Trust & Wealth Management Inc. grew its position in UDR by 8.2% during the 3rd quarter. TCV Trust & Wealth Management Inc. now owns 5,589 shares of the real estate investment trust’s stock worth $253,000 after acquiring an additional 424 shares during the last quarter. Finally, IRON Financial LLC grew its position in UDR by 3.0% during the 4th quarter. IRON Financial LLC now owns 17,674 shares of the real estate investment trust’s stock worth $767,000 after acquiring an additional 511 shares during the last quarter. 97.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on UDR shares. Wells Fargo & Company reduced their price target on UDR from $48.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, January 24th. StockNews.com upgraded UDR from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Royal Bank of Canada lifted their price objective on UDR from $43.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Friday, February 7th. Scotiabank lifted their price objective on UDR from $48.00 to $49.00 and gave the stock a “sector perform” rating in a research report on Friday, February 14th. Finally, Zelman & Associates reiterated a “neutral” rating on shares of UDR in a research report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, UDR presently has an average rating of “Hold” and an average target price of $46.18.

UDR Trading Up 0.2 %

NYSE UDR opened at $43.04 on Wednesday. The stock’s 50 day moving average is $42.41 and its 200 day moving average is $43.55. The firm has a market capitalization of $14.20 billion, a PE ratio of 172.16, a P/E/G ratio of 11.72 and a beta of 0.88. UDR, Inc. has a twelve month low of $34.76 and a twelve month high of $47.55. The company has a quick ratio of 5.91, a current ratio of 1.32 and a debt-to-equity ratio of 1.71.

UDR (NYSE:UDR) last announced its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.53. UDR had a return on equity of 2.65% and a net margin of 5.36%. Research analysts forecast that UDR, Inc. will post 2.51 earnings per share for the current fiscal year.

UDR Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 9th were paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date of this dividend was Friday, January 10th. UDR’s payout ratio is 680.00%.

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.