UDR UDR, Inc.
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. The Same-Store Communities segment pertains to properties that are acquired, developed, and stabilized occupancy. The Non-Mature Communities/Other segment include recently acquired, developed and redeveloped communities and the non-apartment components of mixed use properties. The company was founded in 1972 and is headquartered in Highlands Ranch, CO.
Company profile
Ticker
UDR
Exchange
Website
CEO
Thomas W. Toomey
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
United Dominion Realty Trust Inc
SEC CIK
Corporate docs
IRS number
540857512
UDR stock data
()
Calendar
7 May 20
2 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | 304.82M | 295.39M | 281.31M | 270.67M | |
| Net income | 97.64M | 27.2M | 35.62M | 24.5M | |
| Diluted EPS | 0.33 | 0.09 | 0.12 | 0.08 | |
| Net profit margin | 32.03% | 9.21% | 12.66% | 9.05% | |
| Operating income | 44.78M | 58.86M | 64.93M | 52.49M | |
| Net change in cash | 6.21M | 914K | -62K | -184.17M | |
| Cash on hand | 8.11M | 1.9M | 981K | 1.04M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 1.15B | 1.05B | 995.79M | 959.86M | |
| Net income | 184.97M | 203.11M | 121.56M | 292.72M | |
| Diluted EPS | 0.63 | 0.74 | 0.44 | 1.08 | |
| Net profit margin | 16.05% | 19.40% | 12.21% | 30.50% | |
| Operating income | 221.06M | 354.72M | 227.9M | 400.82M | |
| Net change in cash | -177.11M | 183.18M | -74K | -4.63M | |
| Cash on hand | 8.11M | 185.22M | 2.04M | 2.11M |
Financial data from UDR earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 8 Jun 20 | Alcock Harry G | Common Stock | Sell | Dispose S | 42.5 | 10,000 | 425K | 77,261 |
| 5 Jun 20 | Toomey Thomas W | Common Stock | Sell | Dispose S | 40.7342 | 30,000 | 1.22M | 1,501,226 |
| 9 Apr 20 | Davis Jerry A | Common Stock | Sell | Dispose S | 40 | 10,000 | 400K | 170,497 |
| 21 Feb 20 | Alcock Harry G | Common Stock | Sell | Dispose S | 50.7829 | 10,000 | 507.83K | 87,261 |
| 18 Feb 20 | Warren L Troupe | Common Stock | Sell | Dispose S | 50.1982 | 40,000 | 2.01M | 400,761 |
Institutional ownership Q1 2020
99.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 383 |
| Opened positions | 32 |
| Closed positions | 78 |
| Increased positions | 141 |
| Reduced positions | 152 |
13F shares |
Current |
|---|---|
| Total value | 128.05B |
| Total shares | 292.9M |
| Total puts | 24.6K |
| Total calls | 73K |
| Total put/call ratio | 0.3 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 49.55M | $1.81B |
| CNS Cohen & Steers | 41.44M | $1.51B |
| BLK BlackRock | 34.12M | $1.25B |
| STT State Street | 19.88M | $726.3M |
| FMR | 16.04M | $586M |
| IVZ Invesco | 13.55M | $495.06M |
| DSECF Daiwa Securities | 11.88M | $434.22M |
| Geode Capital Management | 5.75M | $209.81M |
| NTRS Northern Trust | 4.54M | $165.82M |
| Dimensional Fund Advisors | 4.45M | $162.53M |
Financial report summary
?Management Discussion
- Net income/(loss) attributable to common stockholders was $4.2 million ($0.01 per diluted share) for the three months ended March 31, 2020, as compared to $23.5 million ($0.08 per diluted share) for the comparable period in the prior year. The decrease resulted primarily from the following items, all of which are discussed in further detail elsewhere within this Report:
Content analysis
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H.S. junior Avg
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New words:
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Removed:
advantage, Anaheim, anniversary, bargain, Brooklyn, bunching, burden, Coast, coastal, Colorado, comparative, considerably, contractually, deductibility, deducting, Denver, derivate, double, existed, expenditure, expensing, expired, extended, extending, Fairmount, FL, implementing, lessor, limiting, lowering, Monica, Nashville, Oakland, obtained, office, Orlando, PA, package, Park, Petersburg, Philadelphia, recast, rented, Santa, St, Targeted, Tennessee, Towson, transitioning, unavailability, upfront, Vitruvian, widen
Financial reports
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
18 Feb 20
10-Q
2019 Q3
Quarterly report
30 Oct 19
10-Q
2019 Q2
Quarterly report
31 Jul 19
10-Q
2019 Q1
Quarterly report
1 May 19
10-K
2018 FY
Annual report
19 Feb 19
10-Q
2018 Q3
Quarterly report
30 Oct 18
10-Q
2018 Q2
Quarterly report
31 Jul 18
10-Q
2018 Q1
Quarterly report
26 Apr 18
10-K
2017 FY
Annual report
20 Feb 18
Current reports
8-K
Regulation FD Disclosure
1 Jun 20
8-K
Submission of Matters to a Vote of Security Holders
26 May 20
8-K
Other Events
7 May 20
8-K
Udr Announces First Quarter 2020 Results and Withdraws Full-year 2020 Guidance
6 May 20
8-K
Regulation FD Disclosure
28 Feb 20
8-K
UDR Prices $200 Million of 3.200% Senior Unsecured Notes Due 2030
28 Feb 20
8-K
Other Events
12 Feb 20
8-K
Udr Announces Fourth Quarter and Full-year 2019 Results and 2020 Guidance
11 Feb 20
8-K
UDR Announces Transition of Warren L. Troupe, Senior Executive Vice President
3 Jan 20
8-K
UDR Closes UDR/MetLife Investment Management Joint Venture
2 Dec 19
Registration and prospectus
424B5
Prospectus supplement for primary offering
7 May 20
424B5
Prospectus supplement for primary offering
7 May 20
S-3ASR
Automatic shelf registration
3 Mar 20
424B2
Prospectus for primary offering
20 Feb 20
FWP
Free writing prospectus
19 Feb 20
424B5
Prospectus supplement for primary offering
19 Feb 20
424B2
Prospectus for primary offering
3 Oct 19
FWP
Free writing prospectus
2 Oct 19
424B5
Prospectus supplement for primary offering
2 Oct 19
424B2
Prospectus for primary offering
14 Aug 19
Proxies
DEFA14A
Additional proxy soliciting materials
27 Apr 20
DEFA14A
Additional proxy soliciting materials
2 Apr 20
DEF 14A
Definitive proxy
2 Apr 20
DEFA14A
Additional proxy soliciting materials
27 Mar 19
DEF 14A
Definitive proxy
27 Mar 19
DEF 14A
Definitive proxy
9 Apr 18
DEFA14A
Additional proxy soliciting materials
9 Apr 18
PRE 14A
Preliminary proxy
19 Mar 18
DEF 14A
Definitive proxy
28 Mar 17
DEFA14A
Additional proxy soliciting materials
28 Mar 17
Other
UPLOAD
Letter from SEC
16 Oct 18
EFFECT
Notice of effectiveness
12 Aug 16
CORRESP
Correspondence with SEC
10 Aug 16
UPLOAD
Letter from SEC
9 Aug 16
UPLOAD
Letter from SEC
18 Jun 13
CORRESP
Correspondence with SEC
11 Jun 13
UPLOAD
Letter from SEC
30 May 13
EFFECT
Notice of effectiveness
7 Sep 12
UPLOAD
Letter from SEC
17 Jul 12
CORRESP
Correspondence with SEC
26 Jun 12
Ownership
4
UDR / HARRY G ALCOCK ownership change
8 Jun 20
4
UDR / THOMAS W TOOMEY ownership change
5 Jun 20
4
UDR / Jerry A Davis ownership change
9 Apr 20
4
UDR / HARRY G ALCOCK ownership change
21 Feb 20
4
UDR / Warren L Troupe ownership change
18 Feb 20
SC 13G/A
UDR, Inc.
14 Feb 20
5
UDR / Joseph D Fisher ownership change
14 Feb 20
5
UDR / THOMAS W TOOMEY ownership change
13 Feb 20
5
UDR / Warren L Troupe ownership change
13 Feb 20
5
UDR / KATHERINE A CATTANACH ownership change
13 Feb 20