United Dominion Realty Trust (UDR) Getting Somewhat Positive Media Coverage, Analysis Finds

News headlines about United Dominion Realty Trust (NYSE:UDR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. United Dominion Realty Trust earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 46.3819964817161 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

UDR has been the topic of several recent research reports. Cantor Fitzgerald restated a “buy” rating and issued a $42.00 price objective on shares of United Dominion Realty Trust in a research report on Wednesday, September 13th. UBS AG upgraded United Dominion Realty Trust from a “neutral” rating to a “buy” rating and upped their price objective for the company from $39.00 to $43.00 in a research report on Friday, September 8th. Mizuho restated a “buy” rating and issued a $43.00 price objective on shares of United Dominion Realty Trust in a research report on Monday, November 6th. Morgan Stanley upgraded United Dominion Realty Trust from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, August 16th. They noted that the move was a valuation call. Finally, Stifel Nicolaus restated a “hold” rating and issued a $41.00 price objective on shares of United Dominion Realty Trust in a research report on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $40.00.

Shares of United Dominion Realty Trust (NYSE:UDR) opened at $39.94 on Tuesday. The company has a market capitalization of $10,640.62, a PE ratio of 21.48, a price-to-earnings-growth ratio of 3.42 and a beta of 0.40. The company has a debt-to-equity ratio of 1.31, a quick ratio of 5.45 and a current ratio of 5.45. United Dominion Realty Trust has a 12 month low of $32.85 and a 12 month high of $40.71.

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 10th were paid a dividend of $0.31 per share. The ex-dividend date was Friday, October 6th. This represents a $1.24 annualized dividend and a yield of 3.10%. United Dominion Realty Trust’s dividend payout ratio is presently 116.98%.

In other news, Director Clinton D. Mcdonnough purchased 2,000 shares of the company’s stock in a transaction on Tuesday, September 26th. The stock was bought at an average cost of $38.17 per share, for a total transaction of $76,340.00. Following the completion of the purchase, the director now directly owns 9,000 shares of the company’s stock, valued at approximately $343,530. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jon A. Grove sold 7,500 shares of the stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $37.74, for a total value of $283,050.00. Following the completion of the sale, the director now owns 452,808 shares of the company’s stock, valued at approximately $17,088,973.92. The disclosure for this sale can be found here. Corporate insiders own 3.07% of the company’s stock.

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About United Dominion Realty Trust

UDR, Inc is a self-administered real estate investment trust. The Company owns, operates, acquires, renovates, develops, redevelops, disposes of and manages multifamily apartment communities generally located in various markets across the United States. The Company’s segments are Same-Store Communities and Non-Mature Communities/Other.

Insider Buying and Selling by Quarter for United Dominion Realty Trust (NYSE:UDR)

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