Udr Inc (NYSE:UDR)’s Trend Unknown, Especially After Increased Shorts

March 14, 2018 - By Peter Erickson

 Udr Inc (NYSE:UDR)’s Trend Unknown, Especially After Increased Shorts

Investors sentiment increased to 1.62 in 2017 Q3. Its up 0.45, from 1.17 in 2017Q2. It increased, as 19 investors sold UDR, Inc. shares while 83 reduced holdings. 38 funds opened positions while 127 raised stakes. 257.58 million shares or 1.09% less from 260.42 million shares in 2017Q2 were reported.
Adage Prtnrs Grp Limited Liability Corp invested in 0.03% or 372,000 shares. Savings Bank Of Montreal Can reported 0.02% in UDR, Inc. (NYSE:UDR). Parkside Bancorp & owns 65 shares. Nomura Asset Mngmt Com Limited accumulated 224,519 shares. Westpac Bk Corp has invested 0.01% in UDR, Inc. (NYSE:UDR). Northwestern Mutual Wealth Management owns 5,595 shares for 0% of their portfolio. Cubist Systematic Strategies Limited Liability Corp has invested 0.06% in UDR, Inc. (NYSE:UDR). Duncker Streett And holds 0.03% of its portfolio in UDR, Inc. (NYSE:UDR) for 2,480 shares. Pitcairn Com accumulated 6,246 shares or 0.03% of the stock. Geode Mngmt Ltd Liability Corporation holds 3.28M shares. Aperio Ltd Limited Liability Company has 78,835 shares. Registered Invest Advisor owns 17,831 shares. 7,848 were accumulated by Verus Ptnrs. Hbk Invs L P holds 0% in UDR, Inc. (NYSE:UDR) or 7,800 shares. Asset Mgmt One Company Ltd holds 1.07M shares.

Since September 27, 2017, it had 0 insider buys, and 3 selling transactions for $2.20 million activity. 20,000 shares were sold by TOOMEY THOMAS W, worth $784,000. GROVE JON A sold $283,065 worth of stock.

The stock of Udr Inc (NYSE:UDR) registered an increase of 19.91% in short interest. UDR’s total short interest was 5.43M shares in March as published by FINRA. Its up 19.91% from 4.53M shares, reported previously. With 1.51 million shares average volume, it will take short sellers 4 days to cover their UDR’s short positions. The short interest to Udr Inc’s float is 2.05%.

The stock increased 0.25% or $0.09 during the last trading session, reaching $35.5. About 996,085 shares traded. UDR, Inc. (NYSE:UDR) has risen 7.20% since March 14, 2017 and is uptrending. It has underperformed by 9.50% the S&P500.

UDR, Inc. is an independent real estate investment trust. The company has market cap of $9.78 billion. The firm invests in the real estate markets of the United States. It has a 80.68 P/E ratio. It owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities.

UDR, Inc. (NYSE:UDR) Ratings Coverage

Among 22 analysts covering UDR Inc (NYSE:UDR), 5 have Buy rating, 2 Sell and 15 Hold. Therefore 23% are positive. UDR Inc had 71 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Cantor Fitzgerald with “Buy” on Wednesday, July 26. Mizuho downgraded the stock to “Neutral” rating in Monday, March 21 report. The firm has “Sector Perform” rating given on Thursday, February 11 by RBC Capital Markets. On Friday, January 20 the stock rating was upgraded by Suntrust Robinson to “Buy”. Bank of America downgraded UDR, Inc. (NYSE:UDR) on Monday, April 11 to “Underperform” rating. As per Friday, June 30, the company rating was downgraded by BTIG Research. On Tuesday, October 27 the stock rating was upgraded by Credit Suisse to “Neutral”. RBC Capital Markets maintained UDR, Inc. (NYSE:UDR) on Wednesday, November 8 with “Hold” rating. The company was downgraded on Wednesday, November 29 by SunTrust. The stock has “Hold” rating by Stifel Nicolaus on Thursday, January 18.

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