United Dominion Realty Trust (UDR) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $5.5 million worth of transactions were on upticks, whereas, the downticks accounted for $2.27 million worth of transactions. The net money flow was a positive $3.23 million and the uptick to downtick ratio was 2.43. The net money flow into the stock was $3.18 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $3.18 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. United Dominion Realty Trust (UDR) was trading at $36.45, down $0.01 during day. The stock slid -0.01% over the previous days close. For the week, the stock recorded -1.74% over the previous weeks close.
UDR, Inc. is up 0.38% in the last 3-month period. Year-to-Date the stock performance stands at -0.65%. UDR, Inc. has dropped 1.88% in the last five trading days, however, the shares have posted positive gains of 5.33% in the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Udr, Inc., Klingbeil James D, had purchased 030 shares in a transaction dated on June 10, 2016. The transaction was executed at $33.68 per share with total amount equaling $1,010.
United Dominion Realty Trust (NYSE:UDR): stock turned positive on Monday. Though the stock opened at $36.5, the bulls momentum made the stock top out at $36.57 level for the day. The stock recorded a low of $36.39 and closed the trading day at $36.47, in the green by 0.05%. The total traded volume for the day was 1,517,957. The stock had closed at $36.45 in the previous days trading.
UDR, Inc. is a self-administered real estate investment trust (REIT). The Company owns, operates, acquires, renovates, develops, redevelops and manages multifamily apartment communities located in high barrier-to-entry markets throughout the United States. The Company operates through two segments: Same-Store Communities and Non-Mature Communities/Other. The Companys Same-Store Communities segment includes the communities that were acquired, developed and stabilized prior to January 1, 2013, and held as of December 31, 2014. The Companys Non-Mature Communities/Other segment represents the acquired, developed and redeveloped communities, and the non-apartment components of mixed use properties, which do not meet the criteria to be included in the Same-Store Communities segment. As of December 31, 2014, the Companys consolidated real estate portfolio included 139 communities located in 20 markets, with a total of 39,851 completed apartment homes.