United Dominion Realty Trust (UDR) : During the past 4 weeks, traders have been relatively bearish on United Dominion Realty Trust (UDR), hence the stock is down -2.98% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.36% relative to the S&P 500. The 4-week change in the price of the stock is -0.57% and the stock has fallen -0.94% in the past 1 week.
United Dominion Realty Trust (NYSE:UDR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.82 and $36.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.88, notching a gain of 0.03% for the day. The total traded volume was 1,175,166 . The stock had closed at $36.87 on the previous day.
The stock has recorded a 20-day Moving Average of 0.19% and the 50-Day Moving Average is 3.17%. UDR, Inc. is up 0.72% in the last 3-month period. Year-to-Date the stock performance stands at 0.47%.
United Dominion Realty Trust (UDR) stock is expected to deviate a maximum of $1.57 from the average target price of $38.29 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $41 and the most muted being $36.
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 39,851 completed apartment homes.