UDR (UDR)

Company Profile

UDR, Inc., an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of September 30, 2020, UDR owned or had an ownership position in 51,649 apartment homes including 1,031 homes under development. For over 48 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates.

Company profile

Ticker

UDR

Exchange

NYSE

Website

www.udr.com

CEO

Thomas Toomey

Incorporated

Maryland

Location

Colorado

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • AGNC Investment • Simon Property • Prologis • VEREIT • ARMOUR Residential REIT • Vornado Realty Trust • Welltower • Healthpeak Properties • Ventas ...

Former names

UNITED DOMINION REALTY TRUST INC

SEC CIK

0000074208

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

1020 Tower GP LLC • 1020 Tower, LP • 1211 &. Olive REIT GP LLC • 1211 & Olive REIT LP • 1211 S. Olive Street Development, L.P. • 1211 &. Olive GP LLC • 1274 at Towson LLC • 13th And Market Properties LLC • 1532 Harrison Lender LLC • 1532 Harrison Member LLC ...

IRS number

540857512

UDR stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$48.38

Low target

$44.50

High target

$50.00

Latest filings (excl ownership)

View all

8-K

Regulation FD Disclosure

Prospectus supplement for primary offering

14 Feb 23

424B5

Prospectus supplement for primary offering

14 Feb 23

S-3ASR

Automatic shelf registration

Results of Operations and Financial Condition

6 Feb 23

8-K

Regulation FD Disclosure

27 Oct 22

Results of Operations and Financial Condition

26 Oct 22

Transcripts

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UDR

Earnings call transcript

2022 Q4

7 Feb 23

UDR

Earnings call transcript

2022 Q3

27 Oct 22

UDR

Earnings call transcript

2022 Q2

28 Jul 22

UDR

Earnings call transcript

2022 Q1

27 Apr 22

UDR

Earnings call transcript

2021 Q4

10 Feb 22

UDR

Earnings call transcript

2021 Q3

28 Oct 21

UDR

Earnings call transcript

2021 Q2

29 Jul 21

UDR

Earnings call transcript

2020 Q2

29 Jul 20

UDR

Earnings call transcript

2020 Q1

10 May 20

UDR

Earnings call transcript

2019 Q4

12 Feb 20

Latest ownership filings

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KATHERINE A CATTANACH

Financial summary

Financial statements Chart UDR financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from UDR earnings reports.

Institutional ownership, Q4 2022

UDR institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	434	430	+0.9%
Opened positions	61	36	+69.4%
Closed positions	57	55	+3.6%
Increased positions	171	168	+1.8%
Reduced positions	137	148	-7.4%

13F shares	Current	Prev Q	Change
Total value	12.34 tn	14.79 bn	+83375.5%
Total shares	333.35 mm	292.03 mm	+14.1%
Total puts	56.30 k	102.60 k	-45.1%
Total calls	95.00 k	120.70 k	-21.3%
Total put/call ratio	0.6	0.9	-30.3%

Largest owners	Shares	Value	Change
Vanguard	52.67 mm	$2.04 tn	+1.1%
BLK Blackrock	34.44 mm	$1.33 tn	+0.6%
CNS Cohen & Steers	31.28 mm	$1.21 tn	-14.5%
Norges Bank	23.59 mm	$913.59 bn	NEW
STT State Street	20.65 mm	$799.71 bn	NEW
Daiwa Asset Management	12.63 mm	$500.22 mm	0.0%
FMR	11.54 mm	$446.94 bn	+5.4%
JPM JPMorgan Chase & Co.	10.46 mm	$405.12 bn	+44.4%
IVZ Invesco	10.27 mm	$397.80 bn	-17.8%
Geode Capital Management	6.85 mm	$265.31 bn	+1.7%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	23.59 mm	+23.59 mm	NEW
STT State Street	20.65 mm	+20.65 mm	NEW
CNS Cohen & Steers	31.28 mm	-5.30 mm	-14.5%
JPM JPMorgan Chase & Co.	10.46 mm	+3.22 mm	+44.4%
IVZ Invesco	10.27 mm	-2.22 mm	-17.8%
Zimmer Partners	0.00	-1.99 mm	EXIT
Long Pond Capital	1.90 mm	+1.90 mm	NEW
MS Morgan Stanley	5.18 mm	+1.18 mm	+29.5%
Balyasny Asset Management	1.37 mm	+1.12 mm	+456.9%
DSECF Daiwa Securities	6.09 mm	-1.04 mm	-14.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

UDR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Mar 23	Toomey Thomas W	Partnership Common Units [object Object]	Sale back to company	Dispose D	No	No	42.628	125,000	5.33 mm	0
15 Mar 23	Toomey Thomas W	Partnership Common Units [object Object]	Option exercise	Acquire M	No	No	42.628	125,000	5.33 mm	125,000
15 Mar 23	Toomey Thomas W	Class 2 LTIP Units [object Object]	Option exercise	Dispose M	No	No	42.628	125,000	5.33 mm	641,070
21 Feb 23	Michael D Lacy	Common Stock	Payment of exercise	Dispose F	No	No	43.85	522	22.89 k	14,099
15 Feb 23	Hofmeister Tracy L	Common Stock	Payment of exercise	Dispose F	No	No	45.02	116	5.22 k	9,576
15 Feb 23	Michael D Lacy	Common Stock	Payment of exercise	Dispose F	No	No	45.02	252	11.35 k	14,621
9 Feb 23	Michael D Lacy	Common Stock	Payment of exercise	Dispose F	No	No	43.92	1,231	54.07 k	14,873
9 Feb 23	Michael D Lacy	Common Stock	Grant	Acquire A	No	No	0	3,520	0.00	16,104
9 Feb 23	Michael D Lacy	Class 2 LTIP Units [object Object]	Sale back to company	Dispose D	No	No	0	817	0.00	168,997
9 Feb 23	Michael D Lacy	Class 2 LTIP Units [object Object]	Sale back to company	Dispose D	No	No	0	116	0.00	169,814