After Reaching Milestone, Is Udr Inc (NYSE:UDR)’s Short Interest Revealing Something?

June 13, 2018 - By Jimmy Baldridge

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.
Ameritas Inv Prns Inc has 0.01% invested in UDR, Inc. (NYSE:UDR) for 5,906 shares. Florida-based Raymond James Associate has invested 0% in UDR, Inc. (NYSE:UDR). State Of Alaska Department Of Revenue stated it has 233,779 shares or 0.17% of all its holdings. Lowe Brockenbrough And Inc invested in 0.1% or 19,010 shares. 75,000 are owned by Sterling Capital Management Ltd Llc. Schroder Investment Mngmt Group holds 0.04% of its portfolio in UDR, Inc. (NYSE:UDR) for 678,543 shares. Vident Advisory Limited Liability stated it has 9,449 shares. Tokio Marine Asset Mngmt Ltd has 0.04% invested in UDR, Inc. (NYSE:UDR) for 6,807 shares. Renaissance Gp Ltd Liability stated it has 9,016 shares or 0.01% of all its holdings. New York State Common Retirement Fund invested in 0.03% or 596,200 shares. State Street Corporation holds 0.05% of its portfolio in UDR, Inc. (NYSE:UDR) for 15.40M shares. Invesco Limited invested in 2.77 million shares or 0.04% of the stock. Credit Suisse Ag owns 0.03% invested in UDR, Inc. (NYSE:UDR) for 908,642 shares. Northwestern Mutual Wealth Comm holds 0% or 4,985 shares in its portfolio. Mutual Of America Mgmt Limited Liability Co accumulated 0.02% or 34,287 shares.

Since December 15, 2017, it had 0 buys, and 3 selling transactions for $2.26 million activity. 20,000 shares valued at $784,000 were sold by TOOMEY THOMAS W on Friday, December 15.

The stock of Udr Inc (NYSE:UDR) registered a decrease of 1.04% in short interest. UDR’s total short interest was 5.64 million 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. Bank of America maintained UDR, Inc. (NYSE:UDR) rating on Friday, June 8. Bank of America has “Buy” rating and $42 target. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, January 18. The stock of UDR, Inc. (NYSE:UDR) has “Buy” rating given on Friday, March 9 by Bank of America. The firm has “Hold” rating given on Friday, March 2 by BMO Capital Markets. The stock of UDR, Inc. (NYSE:UDR) earned “Hold” rating by BMO Capital Markets on Tuesday, January 9. The firm has “Hold” rating given on Tuesday, February 6 by BMO Capital Markets. BMO Capital Markets maintained the shares of UDR in report on Wednesday, April 25 with “Hold” rating. SunTrust maintained the stock with “Hold” rating in Monday, January 22 report. The firm has “Buy” rating given on Friday, March 2 by Robert W. Baird. The firm has “Hold” rating given on Monday, March 19 by Sandler O’Neill.

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

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

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