The VP-Chief Accounting Officer of UDR (UDR) is Selling Shares


Today, the VP-Chief Accounting Officer of UDR (UDR), Tracy Hofmeister, sold shares of UDR for $66.14K.

In addition to Tracy Hofmeister, one other UDR executive reported Sell trades in the last month.

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Based on UDR’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $272 million and quarterly net profit of $24.5 million. In comparison, last year the company earned revenue of $253 million and had a net profit of $11.46 million. UDR’s market cap is $12.32B and the company has a P/E ratio of 83.58. Currently, UDR has an average volume of 709.9K.

Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $44.67, reflecting a 0.6% upside.

The insider sentiment on UDR has been negative according to 39 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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UDR, Inc. is a real estate investment trust, which owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities. It engages in the multi-family real estate investment trust business. It operates through the Same-Store Communities and Non-Mature Communities/Other segments.

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