UDR Inc. stock has been performing well, outperforming competitors and rallying 15.8% year to date. Despite some losses, UDR's relatively strong trading day performance and Positive Forecasts are contributing to its upward trend. Notably, UDR Inc. has raised its guidance multiple times, even amidst market challenges and softness in the Sun Belt area. Various investment groups, including Thrivent Financial and Mizuho Securities USA, have significant holdings in UDR, indicating strong confidence in the portfolio. However, there has been some disposal of UDR stocks as well, with ING Groep and Principal Financial Group trimming their positions. The company has also been a part of key M&A activities, such as the acquisition of six properties in Texas for $402M. On the downside, despite Q3 2024 earnings beat forecasts, the Q2 2024 results missed estimates, hinting towards volatility. CEO Thomas Toomey's recent sale of 45,000 shares has triggered some negative sentiment amongst investors. However, the overall market perception of UDR remains robust, as reflected in a consensus recommendation of "Hold" from analysts and a raised price target from Jefferies.
Udr UDR News Analytics from Mon, 18 Sep 2023 07:00:00 GMT to Fri, 22 Nov 2024 23:16:34 GMT -
Rating 6
- Innovation 3
- Information 5
- Rumor 2
