UDR Inc. has been making significant waves in the market as demonstrated by numerous events and transactions. The company has been seeing spiked interest from major investment firms, with Fmr LLC purchasing a whopping 1,471,855 shares, and other major increases in holdings by Charles Schwab Investment Management Inc. and COHEN & STEERS, INC. Furthermore, the company's
stock performance has been generally positive, despite occasional losses, even outperforming its competitors on several occasions.
UDR's continuous growth has seen it rally 15.8% year to date, and 26.4% in just six months. Such a trend is predicted to continue even as Wall Street analysts show a mixed outlook. The increased guidance ranges and
raising of Q3 FFOA & Revenue Estimates reinforce a positive outlook. UDR, however, is also engaging in CSR activities, publishing a sixth ESG report while embracing
technology improvements for enhanced resident experience. The undertaking of a $510 million joint venture and acquisition of six Texas properties for $402 million depicts an aggressive growth strategy. Additional noteworthy events include the company's CEO selling 90,000 and 45,000 shares, and UDR being cleared for take-off on a residential high-rise.
Udr UDR News Analytics from Fri, 08 Mar 2019 13:16:28 GMT to Sat, 30 Nov 2024 11:06:08 GMT -
Rating 7
- Innovation -3
- Information 5
- Rumor 3
