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Truist Downgrades UDR Inc (UDR) to a Hold from a Buy

In a filing, UDR Inc revealed its Chairman and CEO TOOMEY THOMAS W unloaded Company’s shares for reported $1.07 million on Feb 20 ’25. In the deal valued at $42.75 per share,25,000 shares were sold. As a result of this transaction, TOOMEY THOMAS W now holds 824,716 shares worth roughly $32.54 million.

Then, TOOMEY THOMAS W bought 25,000 shares, generating $1,067,000 in total proceeds.

Before that, ALCOCK HARRY G bought 5,000 shares. UDR Inc shares valued at $224,391 were divested by the Officer at a price of $44.88 per share.

Truist downgraded its UDR Inc [UDR] rating to a Hold from a a Buy in a research note published on March 10, 2025; the price target was increased to $46 from $45. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Barclays began covering UDR with “an Overweight” recommendation on December 17, 2024. Exane BNP Paribas started covering the stock on September 11, 2024. It rated UDR as “an Outperform”.

Price Performance Review of UDR

On Friday, UDR Inc [NYSE:UDR] saw its stock jump 0.13% to $39.46. Over the last five days, the stock has lost -2.42%. UDR Inc shares have fallen nearly -9.10% since the year began. Nevertheless, the stocks have risen 6.15% over the past one year. While a 52-week high of $47.52 was reached on 03/04/25, a 52-week low of $35.10 was recorded on 04/09/25. SMA at 50 days reached $43.16, while 200 days put it at $43.18.

Levels Of Support And Resistance For UDR Stock

The 24-hour chart illustrates a support level at 38.54, which if violated will result in even more drops to 37.61. On the upside, there is a resistance level at 40.03. A further resistance level may holdings at 40.59. The Relative Strength Index (RSI) on the 14-day chart is 37.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.16%. Stochastics %K at 37.65% indicates the stock is a holding.

How much short interest is there in UDR Inc?

A steep rise in short interest was recorded in UDR Inc stocks on 2025-03-31, dropping by -0.83 million shares to a total of 5.59 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.42 million shares. There was a decline of -14.77%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 04, 2024 when Goldman began covering the stock and recommended ‘”a Sell”‘ rating along with a $42 price target.

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