UDR, Inc. (NYSE:UDR) Stock Holdings Lifted by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lifted its position in UDR, Inc. (NYSE:UDR) by 7.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 587,772 shares of the real estate investment trust’s stock after buying an additional 42,926 shares during the quarter. Asset Management One Co. Ltd.’s holdings in UDR were worth $25,515,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. FMR LLC increased its position 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 worth $516,923,000 after acquiring an additional 1,471,855 shares in the last quarter. JPMorgan Chase & Co. increased its position 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 worth $352,498,000 after acquiring an additional 368,087 shares in the last quarter. Daiwa Securities Group Inc. increased its position in shares of UDR by 2.3% in the third quarter. Daiwa Securities Group Inc. now owns 7,109,980 shares of the real estate investment trust’s stock worth $322,366,000 after acquiring an additional 159,625 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of UDR by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,272,032 shares of the real estate investment trust’s stock worth $193,694,000 after acquiring an additional 117,213 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of UDR by 862.3% in 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 acquiring an additional 2,766,172 shares in the last quarter. 97.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently commented on UDR shares. Royal Bank of Canada raised their price target on shares of UDR from $43.00 to $44.00 and gave the stock a “sector perform” rating in a report on Friday, February 7th. Barclays decreased their price target on shares of UDR from $50.00 to $48.00 and set an “overweight” rating for the company in a report on Friday, January 24th. Zelman & Associates restated a “neutral” rating on shares of UDR in a report on Thursday. StockNews.com upgraded shares of UDR from a “sell” rating to a “hold” rating in a report on Thursday, February 6th. Finally, Mizuho decreased their price target on shares of UDR from $47.00 to $45.00 and set a “neutral” rating for the company in a report on Monday, January 6th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $46.18.

UDR Trading Down 0.5 %

NYSE:UDR opened at $42.93 on Friday. UDR, Inc. has a 12 month low of $34.76 and a 12 month high of $47.55. The firm has a market cap of $14.17 billion, a price-to-earnings ratio of 171.73, a P/E/G ratio of 11.72 and a beta of 0.88. The company has a quick ratio of 5.91, a current ratio of 1.32 and a debt-to-equity ratio of 1.71. The company’s 50 day moving average is $42.48 and its 200-day moving average is $43.47.

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

UDR Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 9th were given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date was Friday, January 10th. UDR’s dividend payout ratio (DPR) is currently 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.