Wall Street Analyst Downgrade UDR Inc. [UDR]. What else is Wall St. saying


UD . company [NYSE: UDR] The stock went on an upward trajectory, up more than 0.02% on Thursday, which represents a one-week price drop of less than -6.39%. Company report on September 15, 2022 UDR announces its 200th joint quarterly return in a row.

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UDR, Inc. announced. (NYSE: UDR), a leading multi-family real estate investment trust, today announced that its board of directors declared a regular quarterly dividend on its common stock for the third quarter of 2022 in the amount of $0.38 per share payable in October. 31, 2022 to shareholders of UDR common stock registered as of October 11, 2022. The October 31, 2022 dividend will be the 200th consecutive quarterly dividend that the Company will pay on its common stock.

UDR also announced that its Board of Directors declared a regular quarterly dividend on Class E preferred stock for the third quarter of 2022 at $0.4114 per share. The preferred dividend is payable on October 31, 2022 to Class E preferred stockholders of record effective October 11, 2022.

Over the past 12 months, UDR stock is down -21.68%. UDR Inc. stock forecast. for a year to a potential high at 22.28. The average equity rating of UDR is currently 2.20, and it is trading near a bullish pattern in the stock market.

The stock’s market capitalization was $13.72 billion, with 324.92 million shares outstanding and 323.00 million shares in the current float. Compared to an average trading volume of 1.96 million shares, UDR stock reached a trading volume of 3,104,593 on the last trading day, which is why market watchers consider the stock to be active.

Teacher’s opinion of UDR Inc. [UDR]:

Based on careful and fact-backed analysis by Wall Street experts, the current consensus on a target price for UDR shares is $54.05 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus on UDR stock is a set recommendation at 2.20. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.

Mizuho made an appreciation for the shares of UDR Inc. , retaining their opinion of the stock as Neutral, with their previous recommendation on September 19, 2022. The new note on price target was issued on August 19, 2022, which is the official target price for the UDR stock. Previously, the target price had another increase to $52, while Jefferies analysts maintained a buy rating on UDR stock.

The Average True Range (ATR) is set by UDR Inc. at 1.07, with a price-to-sales ratio for UDR stock in the past 12-month period at 9.77. The price-to-book ratio for the most recent quarter was 3.50, with the price-to-cash ratio for the stock in the same quarter set at 0.00. The free cash flow rate for the UDR over the past 12 months was 50.79.

UDR stock performance analysis:

UD . company [UDR] It fell into the red at the end of last week, fell in a negative direction and fell by -6.39. With this latest performance, UDR shares are down -9.95% over the past four-week period, and also down -24.66% over the past six months – not to mention a -21.68% drop in the last year of trading.

Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for the UDR stock for the past two weeks was set at 28.26, with the RSI for the last one trading at 21.22, and the three-week RSI for UDR Inc. [UDR]. The current moving average of the last 50 trading days for this stock is 46.52 while it recorded at 42.94 for the last trading week, and 51.98 for the last 200 days.

An insight into the fundamentals of UDR Inc.

Operating margin for any stock indicates how profitable the investment is, UDR Inc. [UDR] The stock currently has an operating margin of +10.51 and a gross margin of +14.97. UDR Inc. net margin has been reported. Currently at +11.62.

The return on equity for this stock rose to 4.49, with the return on assets remaining at 1.47.

UD . company [UDR] Insider position details

There are currently approximately $13,812 million in the hands of institutional investors. The three largest UDR owners are: VANGUARD GROUP INC with ownership of 51,167,417, which is approximately 1.066% of the company’s market capitalization and about 0.59% of the total institutional ownership; COHEN & STEERS, INC. , which owns 38,924,552 shares with an approximate value of $1.64 billion in UDR stock; and BLACKROCK INC. , currently holds $1.46 billion in UDR shares with ownership of approximately 0.921% of the company’s market capitalization.

Positions increased in the shares of UDR Inc. held by institutional investors at the end of July and at the time of the July report, as 252 institutional investors consolidated their position in UDR Inc. [NYSE:UDR] About 25799529 shares. In addition, the number of 218 investors decreased by about 14,539,305 shares, while 77 investors held positions with 288,432,478 shares. The said changes put institutional holdings at 328,771,312 shares, according to the latest report from the Securities and Exchange Commission. UDR shares had 46 new institutional investments for a total of 3,626,383 shares, while 76 institutional investors sold deals totaling 8,422,621 shares during the same period.

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