UDR, Inc. (NYSE:UDR) registered a 1.42% increase, still its new closing price is 9.81% up from the company’s 1 year high of 37.37.It posted -0.11% losses in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 21 stock analysts following this company have an average price target at $36.71, with individual PT in the $33.00-$40.00 range. The shares moved at $34.97, implying that brokerage firms see shares losing about -0.64% in twelve months time.
UDR, Inc. (UDR) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -3.36% fall year to date. A Senior Executive Vice Presiden at UDR, Inc. (UDR) offloaded shares in a transaction closed on Tuesday January 03, 2017. Troupe Warren L sold 15,000 shares in the company at $36.15 each and collected $542,000 in proceeds. Troupe Warren L now owns 538,422 shares in the company after this transaction. A SVP-Asset Management in the company, ALCOCK HARRY G, disclosed a transaction on Wednesday December 21, 2016 that ended up generating $254,001 from the sale of 7,082 shares at $36 per share.
UDR, Inc. (NYSE:UDR) Upcoming Results on Tap
UDR, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.45 in that period. Sales during the quarter are predicted to arrive at $240.38 million.
Earnings surprise history: Last quarter, the company posted approximately $240.08 million in revenue and EPS of $0.46. The mean forecast was for $241.81 million and $0.46 a share, respectively. One quarter earlier, revenue for the stock was at $240.26 million, with earnings at $0.46/share.
UDR, Inc. (UDR) Brokerage Update
UDR, Inc. (UDR) is in SunTrust’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by SunTrust, according to news reported on Friday January 20, 2017.Another important research note was issued by Morgan Stanley on Tuesday December 13, 2016.The firm downgraded UDR to Underweight from Equal-Weight. Over the last six months and over the last three months, the shares of UDR, Inc. (UDR), have changed -3.85% and 1.48%, respectively.