News coverage about UDR (NYSE:UDR) has trended somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 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. UDR earned a news impact score of 0.15 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.590486931294 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Insider Selling: UDR, Inc. (UDR) CEO Sells 20,000 Shares of Stock (americanbankingnews.com)
- Waveguide to Coax Adapters deliver a VSWR as low as 1.25:1. (news.thomasnet.com)
- UDR, Inc. to Issue Quarterly Dividend of $0.31 (UDR) (americanbankingnews.com)
- UDR Declares Quarterly Dividend (markets.financialcontent.com)
- UDR (UDR) Upgraded at Evercore ISI (americanbankingnews.com)
Shares of UDR (UDR) traded up $0.26 on Friday, hitting $39.36. The stock had a trading volume of 3,482,294 shares, compared to its average volume of 1,443,901. The stock has a market cap of $10,538.88, a PE ratio of 21.28, a price-to-earnings-growth ratio of 3.42 and a beta of 0.39. UDR has a twelve month low of $34.41 and a twelve month high of $40.71. The company has a quick ratio of 5.45, a current ratio of 5.45 and a debt-to-equity ratio of 1.31.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 10th will be issued a dividend of $0.31 per share. The ex-dividend date is Tuesday, January 9th. This represents a $1.24 annualized dividend and a dividend yield of 3.15%. UDR’s dividend payout ratio (DPR) is 116.98%.
UDR has been the subject of several recent analyst reports. BMO Capital Markets reaffirmed a “hold” rating and issued a $41.00 price target on shares of UDR in a research report on Monday, November 27th. Royal Bank of Canada lifted their price objective on UDR from $39.00 to $40.00 and gave the stock a “sector perform” rating in a report on Wednesday, November 8th. KeyCorp reiterated a “hold” rating on shares of UDR in a report on Friday, August 25th. Cantor Fitzgerald reiterated a “buy” rating and issued a $42.00 price objective on shares of UDR in a report on Wednesday, September 13th. Finally, Stifel Nicolaus restated a “hold” rating and set a $41.00 price target on shares of UDR in a research note on Friday, September 1st. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the company. UDR currently has an average rating of “Hold” and a consensus price target of $40.38.
In related news, Director Clinton D. Mcdonnough purchased 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 26th. The shares were bought at an average price of $38.17 per share, for a total transaction of $76,340.00. Following the acquisition, the director now owns 9,000 shares of the company’s stock, valued at approximately $343,530. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jon A. Grove sold 7,500 shares of the stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $37.74, for a total value of $283,050.00. Following the sale, the director now owns 452,808 shares in the company, valued at approximately $17,088,973.92. The disclosure for this sale can be found here. Insiders have sold a total of 57,500 shares of company stock worth $2,204,950 over the last ninety days. Insiders own 3.07% of the company’s stock.
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.
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