UDR, Inc. (NYSE:UDR) Shares Purchased by Blue Trust Inc.

Blue Trust Inc. raised its position in UDR, Inc. (NYSE:UDR) by 41.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,843 shares of the real estate investment trust’s stock after purchasing an additional 1,421 shares during the period. Blue Trust Inc.’s holdings in UDR were worth $220,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. FMR LLC lifted its stake 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 buying an additional 1,471,855 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in UDR by 5.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,774,541 shares of the real estate investment trust’s stock valued at $352,498,000 after acquiring an additional 368,087 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in UDR by 2.3% in the 3rd quarter. Daiwa Securities Group Inc. now owns 7,109,980 shares of the real estate investment trust’s stock worth $322,366,000 after purchasing an additional 159,625 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of UDR by 2.8% during the 3rd 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 purchasing an additional 117,213 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew 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 valued at $139,963,000 after purchasing an additional 2,766,172 shares in the last quarter. Institutional investors and hedge funds own 97.84% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on UDR shares. Barclays reduced their price objective on UDR from $50.00 to $48.00 and set an “overweight” rating on the stock in a research report on Friday, January 24th. Royal Bank of Canada lowered their price target on shares of UDR from $46.00 to $45.00 and set a “sector perform” rating on the stock in a research report on Tuesday, November 5th. Wells Fargo & Company cut their price objective on shares of UDR from $48.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, January 24th. StockNews.com lowered shares of UDR from a “hold” rating to a “sell” rating in a report on Thursday, January 2nd. Finally, Scotiabank reduced their price target on shares of UDR from $49.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 14th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $46.06.

UDR Stock Up 0.0 %

Shares of UDR opened at $41.74 on Tuesday. The company’s 50-day simple moving average is $43.02 and its 200-day simple moving average is $43.44. The company has a debt-to-equity ratio of 1.69, a quick ratio of 5.91 and a current ratio of 5.91. UDR, Inc. has a 1 year low of $34.19 and a 1 year high of $47.55. The stock has a market capitalization of $13.77 billion, a PE ratio of 112.82, a P/E/G ratio of 11.38 and a beta of 0.88.

UDR Dividend Announcement

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