It Seems Udr Inc (NYSE:UDR) Will Go Up. Just Reported Less Shorted Shares

June 13, 2018 - By James Hentges

UDR, Inc. (NYSE:UDR) Logo

Investors sentiment decreased to 1.03 in 2018 Q1. Its down 0.02, from 1.05 in 2017Q4. It turned negative, as 34 investors sold UDR, Inc. shares while 104 reduced holdings. 36 funds opened positions while 106 raised stakes. 252.45 million shares or 2.20% less from 258.13 million shares in 2017Q4 were reported.
Glob X Management Com Limited Liability Corporation reported 0.01% of its portfolio in UDR, Inc. (NYSE:UDR). Dnb Asset Management As owns 32,444 shares. Lmr Partners Llp accumulated 0.06% or 14,730 shares. Dimensional Fund Ltd Partnership reported 4.06M shares or 0.06% of all its holdings. Bridgewater Associate Limited Partnership invested in 0.01% or 23,559 shares. Kentucky Retirement Insur Tru Fund owns 6,139 shares for 0.04% of their portfolio. Neuberger Berman Group Limited Liability Corp owns 8,052 shares. Alps Advsrs holds 0.01% of its portfolio in UDR, Inc. (NYSE:UDR) for 19,094 shares. Tiaa Cref Investment Limited holds 633,760 shares or 0.02% of its portfolio. Wellington Management Grp Inc Inc Ltd Liability Partnership stated it has 13,963 shares or 0% of all its holdings. Sg Americas Limited Liability invested in 104,159 shares or 0.03% of the stock. Dixon Hubard Feinour Brown Inc Va accumulated 33,742 shares. Utd Financial Advisers Limited Liability has invested 0% in UDR, Inc. (NYSE:UDR). Robeco Institutional Asset Bv reported 0.02% in UDR, Inc. (NYSE:UDR). Sun Life Incorporated holds 0% of its portfolio in UDR, Inc. (NYSE:UDR) for 43 shares.

Since December 15, 2017, it had 0 insider buys, and 3 selling transactions for $2.26 million activity. $1.08M worth of UDR, Inc. (NYSE:UDR) shares were sold by Troupe Warren L.

The stock of Udr Inc (NYSE:UDR) registered a decrease of 1.04% in short interest. UDR’s total short interest was 5.64M shares in June as published by FINRA. Its down 1.04% from 5.70 million shares, reported previously. With 1.18 million shares average volume, it will take short sellers 5 days to cover their UDR’s short positions. The short interest to Udr Inc’s float is 2.13%.

The stock decreased 0.91% or $0.34 during the last trading session, reaching $36.96. About 347,721 shares traded. UDR, Inc. (NYSE:UDR) has declined 7.23% since June 13, 2017 and is downtrending. It has underperformed by 19.80% the S&P500.

UDR, Inc. is an independent real estate investment trust. The company has market cap of $10.17 billion. The firm invests in the real estate markets of the United States. It currently has negative earnings. It owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities.

UDR, Inc. (NYSE:UDR) Ratings Coverage

Among 10 analysts covering UDR (NYSE:UDR), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. UDR has $42 highest and $38 lowest target. $38.78’s average target is 4.92% above currents $36.96 stock price. UDR had 16 analyst reports since January 9, 2018 according to SRatingsIntel. On Friday, June 1 the stock rating was upgraded by Stifel Nicolaus to “Buy”. BMO Capital Markets maintained UDR, Inc. (NYSE:UDR) rating on Tuesday, January 9. BMO Capital Markets has “Hold” rating and $40.0 target. As per Friday, June 8, the company rating was maintained by Bank of America. The stock of UDR, Inc. (NYSE:UDR) earned “Buy” rating by Robert W. Baird on Friday, March 2. BMO Capital Markets maintained UDR, Inc. (NYSE:UDR) on Friday, March 2 with “Hold” rating. The stock of UDR, Inc. (NYSE:UDR) earned “Hold” rating by SunTrust on Monday, January 22. As per Friday, February 9, the company rating was maintained by Mizuho. SunTrust maintained the stock with “Hold” rating in Monday, February 12 report. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, April 25 report. The rating was upgraded by Bank of America to “Buy” on Friday, March 9.

More news for UDR, Inc. (NYSE:UDR) were recently published by: Benzinga.com, which released: “Positive Macro Environment, Valuation Render UDR Attractive, Stifel Says In Upgrade” on June 01, 2018. Benzinga.com‘s article titled: “Benzinga’s Top Upgrades, Downgrades For June 11, 2018” and published on June 11, 2018 is yet another important article.

UDR, Inc. (NYSE:UDR) Institutional Positions Chart

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