Understanding UDR's Price Drop Today

By Ken Smith • Thursday, December 01 15:30 • Permanent Link

This afternoon we watched UDR drop -1.6% to a price of $40.8 per share. The large-cap Residential Real Estate Investment Trust company is now trading -12.65% below its average target price of $46.71. Analysts have set target prices ranging from $41 to $71 per share for UDR, and have given the stock an average rating of buy.

The stock has an average amount of shares sold short at 2.8%, and a short ratio of 2.16. At 0.00587%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that a significant number of institutional investors are invested in the stock, with 100.5% of UDR's shares being owned by this investor type.

Institutions Invested in UDR

Top Mutual Funds Invested in UDR

Besides an analyst consensus of some upside potential, other market factors point to there being mostly positive market sentiment on UDR.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.