KCM Investment Advisors LLC Has $255,000 Stake in United Dominion Realty Trust, Inc. (UDR), Report finds

KCM Investment Advisors LLC Has $255,000 Stake in United Dominion Realty Trust, Inc. (UDR), Report finds

KCM Investment Advisors LLC maintained its position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR) during the third quarter, Holdings Channel reports. The institutional investor owned 7,080 shares of the real estate investment trust’s stock at the end of the third quarter. KCM Investment Advisors LLC’s holdings in United Dominion Realty Trust were worth $255,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Victory Capital Management Inc. increased its position in shares of United Dominion Realty Trust by 49.5% in the third quarter. Victory Capital Management Inc. now owns 5,099 shares of the real estate investment trust’s stock worth $184,000 after buying an additional 1,689 shares during the last quarter. US Bancorp DE increased its position in shares of United Dominion Realty Trust by 26.2% in the third quarter. US Bancorp DE now owns 5,648 shares of the real estate investment trust’s stock worth $204,000 after buying an additional 1,173 shares in the last quarter. Conning Inc. increased its position in shares of United Dominion Realty Trust by 8.2% in the third quarter. Conning Inc. now owns 6,060 shares of the real estate investment trust’s stock worth $218,000 after buying an additional 460 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of United Dominion Realty Trust by 638.3% in the third quarter. Tower Research Capital LLC TRC now owns 6,785 shares of the real estate investment trust’s stock worth $244,000 after buying an additional 5,866 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. increased its position in shares of United Dominion Realty Trust by 2.8% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 6,847 shares of the real estate investment trust’s stock worth $246,000 after buying an additional 188 shares in the last quarter.

United Dominion Realty Trust, Inc. (NYSE:UDR) traded up 2.26% during midday trading on Wednesday, hitting $35.71. 2,734,228 shares of the company’s stock traded hands. The company has a 50 day moving average of $35.56 and a 200-day moving average of $35.22. The company has a market capitalization of $9.54 billion, a PE ratio of 33.06 and a beta of 0.34. United Dominion Realty Trust, Inc. has a 52 week low of $32.79 and a 52 week high of $38.61.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings data on Monday, January 30th. The real estate investment trust reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.36. The business earned $243.10 million during the quarter, compared to the consensus estimate of $242.05 million. United Dominion Realty Trust had a net margin of 30.52% and a return on equity of 9.96%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.62 earnings per share. Equities research analysts predict that United Dominion Realty Trust, Inc. will post $0.21 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 31st. Investors of record on Tuesday, January 10th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend was Friday, January 6th. United Dominion Realty Trust’s payout ratio is currently 109.26%.

A number of equities analysts have recently issued reports on UDR shares. J P Morgan Chase & Co reiterated a “buy” rating and issued a $40.00 price target on shares of United Dominion Realty Trust in a report on Wednesday, November 16th. Evercore ISI upgraded shares of United Dominion Realty Trust from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a report on Monday, November 28th. SunTrust Banks, Inc. upgraded shares of United Dominion Realty Trust from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a report on Thursday, January 19th. BMO Capital Markets downgraded shares of United Dominion Realty Trust from an “outperform” rating to a “market perform” rating and cut their price target for the company from $38.00 to $35.00 in a report on Tuesday, October 25th. Finally, Morgan Stanley downgraded shares of United Dominion Realty Trust from an “equal weight” rating to an “underweight” rating in a report on Monday, December 12th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. United Dominion Realty Trust presently has an average rating of “Hold” and a consensus price target of $38.20.

In related news, SVP Harry G. Alcock sold 7,082 shares of the company’s stock in a transaction dated Wednesday, December 21st. The shares were sold at an average price of $36.00, for a total value of $254,952.00. Following the completion of the sale, the senior vice president now owns 113,063 shares of the company’s stock, valued at $4,070,268. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Warren L. Troupe sold 15,000 shares of the company’s stock in a transaction dated Tuesday, January 3rd. The stock was sold at an average price of $36.15, for a total transaction of $542,250.00. Following the completion of the sale, the insider now directly owns 538,422 shares of the company’s stock, valued at approximately $19,463,955.30. The disclosure for this sale can be found here. Corporate insiders own 2.79% of the company’s stock.

About United Dominion Realty Trust

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

Want to see what other hedge funds are holding UDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Dominion Realty Trust, Inc. (NYSE:UDR).

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KCM Investment Advisors LLC Has $255,000 Stake in United Dominion Realty Trust, Inc. (UDR)

KCM Investment Advisors LLC Has $255,000 Stake in United Dominion Realty Trust, Inc. (UDR)

KCM Investment Advisors LLC maintained its position in shares of United Dominion Realty Trust, Inc. (NYSE:UDR) during the third quarter, Holdings Channel reports. The institutional investor owned 7,080 shares of the real estate investment trust’s stock at the end of the third quarter. KCM Investment Advisors LLC’s holdings in United Dominion Realty Trust were worth $255,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Victory Capital Management Inc. increased its position in shares of United Dominion Realty Trust by 49.5% in the third quarter. Victory Capital Management Inc. now owns 5,099 shares of the real estate investment trust’s stock worth $184,000 after buying an additional 1,689 shares during the last quarter. US Bancorp DE increased its position in shares of United Dominion Realty Trust by 26.2% in the third quarter. US Bancorp DE now owns 5,648 shares of the real estate investment trust’s stock worth $204,000 after buying an additional 1,173 shares in the last quarter. Conning Inc. increased its position in shares of United Dominion Realty Trust by 8.2% in the third quarter. Conning Inc. now owns 6,060 shares of the real estate investment trust’s stock worth $218,000 after buying an additional 460 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of United Dominion Realty Trust by 638.3% in the third quarter. Tower Research Capital LLC TRC now owns 6,785 shares of the real estate investment trust’s stock worth $244,000 after buying an additional 5,866 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. increased its position in shares of United Dominion Realty Trust by 2.8% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 6,847 shares of the real estate investment trust’s stock worth $246,000 after buying an additional 188 shares in the last quarter.

United Dominion Realty Trust, Inc. (NYSE:UDR) traded up 2.26% during midday trading on Wednesday, hitting $35.71. 2,734,228 shares of the company’s stock traded hands. The company has a 50 day moving average of $35.56 and a 200-day moving average of $35.22. The company has a market capitalization of $9.54 billion, a PE ratio of 33.06 and a beta of 0.34. United Dominion Realty Trust, Inc. has a 52 week low of $32.79 and a 52 week high of $38.61.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings data on Monday, January 30th. The real estate investment trust reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.36. The business earned $243.10 million during the quarter, compared to the consensus estimate of $242.05 million. United Dominion Realty Trust had a net margin of 30.52% and a return on equity of 9.96%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.62 earnings per share. Equities research analysts predict that United Dominion Realty Trust, Inc. will post $0.21 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 31st. Investors of record on Tuesday, January 10th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend was Friday, January 6th. United Dominion Realty Trust’s payout ratio is currently 109.26%.

A number of equities analysts have recently issued reports on UDR shares. J P Morgan Chase & Co reiterated a “buy” rating and issued a $40.00 price target on shares of United Dominion Realty Trust in a report on Wednesday, November 16th. Evercore ISI upgraded shares of United Dominion Realty Trust from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a report on Monday, November 28th. SunTrust Banks, Inc. upgraded shares of United Dominion Realty Trust from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a report on Thursday, January 19th. BMO Capital Markets downgraded shares of United Dominion Realty Trust from an “outperform” rating to a “market perform” rating and cut their price target for the company from $38.00 to $35.00 in a report on Tuesday, October 25th. Finally, Morgan Stanley downgraded shares of United Dominion Realty Trust from an “equal weight” rating to an “underweight” rating in a report on Monday, December 12th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. United Dominion Realty Trust presently has an average rating of “Hold” and a consensus price target of $38.20.

In related news, SVP Harry G. Alcock sold 7,082 shares of the company’s stock in a transaction dated Wednesday, December 21st. The shares were sold at an average price of $36.00, for a total value of $254,952.00. Following the completion of the sale, the senior vice president now owns 113,063 shares of the company’s stock, valued at $4,070,268. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Warren L. Troupe sold 15,000 shares of the company’s stock in a transaction dated Tuesday, January 3rd. The stock was sold at an average price of $36.15, for a total transaction of $542,250.00. Following the completion of the sale, the insider now directly owns 538,422 shares of the company’s stock, valued at approximately $19,463,955.30. The disclosure for this sale can be found here. Corporate insiders own 2.79% of the company’s stock.

About United Dominion Realty Trust

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

Want to see what other hedge funds are holding UDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Dominion Realty Trust, Inc. (NYSE:UDR).

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