Udr, Inc. (UDR): Jon A Grove , director of Udr, Inc. sold 10,000 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $36.72 per share for a total value of $367,225.00 according the SEC Form 4 Filing.
Company has been under the radar of several Street Analysts.UDR is Downgraded by Mizuho to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 21, 2016.UDR is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 37 from a previous price target of $38 . The Rating was issued on Feb 11, 2016.UDR is Downgraded by JMP Securities to Mkt Perform. Earlier the firm had a rating of Mkt Outperform on the company shares. The Rating was issued on Jan 19, 2016.
Currently the company Insiders own 2.96% of UDR shares according to the proxy statements.Institutional Investors own 96.44% of UDR shares.During last six month period, the net percent change held by insiders has seen a change of -6.09%.
Shares of UDR (UDR) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.95 points or -2.52% at $36.72 with 23,07,691 shares getting traded. Post opening the session at $37.31, the shares hit an intraday low of $36.71 and an intraday high of $37.42 and the price vacillated in this range throughout the day. The company has a market cap of $9,626 M and the number of outstanding shares has been calculated to be 26,21,32,790 shares. The 52-week high of UDR is $38.61 and the 52-week low is $30.03.
UDR Inc. is a self-administered real estate investment trust (REIT). The Company owns operates acquires renovates develops redevelops and manages multifamily apartment communities located in high barrier-to-entry markets throughout the United States. The Company operates through two segments: Same-Store Communities and Non-Mature Communities/Other. The Companys Same-Store Communities segment includes the communities that were acquired developed and stabilized prior to January 1 2013 and held as of December 31 2014. The Companys Non-Mature Communities/Other segment represents the acquired developed and redeveloped communities and the non-apartment components of mixed use properties which do not meet the criteria to be included in the Same-Store Communities segment. As of December 31 2014 the Companys consolidated real estate portfolio included 139 communities located in 20 markets with a total of 39851 completed apartment homes.