Liberty Mutual Group Asset Management Reduces Holdings in UDR,
May 16, 2023
Trending News ☀️
UDR ($NYSE:UDR), Inc. recently experienced a reduction in its stock held by Liberty Mutual Group Asset Management Inc. UDR is a real estate investment trust that focuses on the ownership, management, development, and redevelopment of multifamily apartment communities. It provides its customers with access to a diversified portfolio of high-quality rental housing across the United States. Liberty Mutual Group Asset Management Inc., a popular asset management company, is known for its ability to identify potential investments.
However, it recently chose to reduce its holdings in UDR stock. This decision was likely due to the current market conditions, which have seen a decrease in housing prices and an overall decline in apartment rental demand. At this time, it is unclear what effect this reduction in assets will have on UDR, though it is likely that the company’s shares could suffer in the near-term. Nevertheless, UDR remains a strong and reliable investment, and investors may find good return potential in the company’s long-term prospects.
Stock Price
This resulted in the UDR stock opening at $41.3 and closing at $41.2, representing a 0.3% decrease from its prior closing price of 41.4. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Udr. More…
| Total Revenues | Net Income | Net Margin |
| 1.56k | 99.68 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Udr. More…
| Operations | Investing | Financing |
| 827.07 | -960.06 | 135.27 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Udr. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.97k | 6.14k | 11.78 |
Key Ratios Snapshot
Some of the financial key ratios for Udr are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 16.6% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we have conducted an analysis of UDR‘s fundamentals. Based on our Risk Rating, UDR is a low risk investment in terms of financial and business aspects. However, while conducting our analysis, we have detected 1 risk warning in the company’s balance sheet. To view this warning, be sure to register on goodwhale.com. We strive to provide thorough and accurate information to ensure that investors make the best decisions possible. More…
Peers
The company was founded in 1972 and is headquartered in Highlands Ranch, Colorado. As of December 31, 2019, UDR Inc owned or had an interest in 71,214 apartment units across the United States. UDR Inc’s primary competitors are Camden Property Trust, Sun Communities Inc, and Altarea SCA. Camden Property Trust is a publicly traded real estate investment trust that focuses on the ownership, operation, and development of multifamily properties. Sun Communities Inc is a publicly traded real estate investment trust that owns, operates, and develops manufactured home communities and RV resorts. Altarea SCA is a French real estate company that focuses on the development and management of retail, office, and residential properties.
– Camden Property Trust ($NYSE:CPT)
Camden Property Trust is a publicly traded real estate investment trust focused on the ownership, management, and development of multifamily communities. The company was founded in 1993 and is headquartered in Houston, Texas. As of December 31, 2020, Camden Property Trust owned or had an ownership interest in interests in 158 multifamily properties containing 58,818 units.
– Sun Communities Inc ($NYSE:SUI)
Sun Communities Inc is a real estate investment trust (REIT) that owns and operates manufactured home communities in the United States. As of December 31, 2020, the Company owned and operated 253 manufactured home communities located in 28 states.
– Altarea SCA ($OTCPK:ATRRF)
Altarea SCA is a French real estate company with a market cap of 2.71B as of 2022. The company focuses on developing, managing, and investing in retail and office properties in France. As of 2019, Altarea SCA owns and manages a portfolio of over 100 properties totaling approximately 4.9 million square meters of space.
Summary
Investors have recently been paying close attention to UDR, Inc., as Liberty Mutual Group Asset Management Inc. has recently cut its holdings in the company. Analyzing the investment potential of UDR, Inc., investors are looking at the company’s performance and potential risks to determine how to best allocate their money. With a great track record of dividend payments, UDR, Inc. provides a reliable income stream to investors.
On the other hand, the company’s share price has been volatile over the past few years, and the stock is currently trading near its historical low. This volatility may be a deterrent for some investors, but for those willing to take on some risk, UDR, Inc. could be a great long-term investment option.
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