United Dominion Realty Trust (UDR) has risen sharply, recording gains of 0.99% in the past 4 weeks. However, the stock has corrected -0.19% in the past 1 week, providing a good buying opportunity on dips. United Dominion Realty Trust (UDR) : During the past 4 weeks, traders have been relatively bearish on United Dominion Realty Trust (UDR), hence the stock is down -0.04% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.24% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 0.34% and the 50-Day Moving Average is 2.51%. United Dominion Realty Trust (NYSE:UDR): The stock was completely flat for the day, closing at $36.81 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $36.80, the stock touched an intraday high of $37.31 and a low of $36.73. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $36.81. The total trading volume on Friday was 1,018,471.
The company Insiders own 2.79% of United Dominion Realty Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.54% . Institutional Investors own 98.22% of United Dominion Realty Trust shares. During last six month period, the net percent change held by insiders has seen a change of -2.25%. Also, Citigroup maintains their rating on the shares of United Dominion Realty Trust (NYSE:UDR). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $38 per share from $37 per share. The rating by the firm was issued on August 2, 2016.
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.