UDR, Inc. (UDR): Hedge Funds Aren’t Crazy About It, Insider Sentiment Unchanged

Page 1 of 2

What’s a smart UDR, Inc. (NYSE:UDR) investor to do?

At the moment, there are dozens of gauges market participants can use to monitor Mr. Market. Some of the best are hedge fund and insider trading activity. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the elite investment managers can outperform their index-focused peers by a solid margin (see just how much).

Just as key, optimistic insider trading activity is another way to analyze the financial markets. Just as you’d expect, there are plenty of reasons for an upper level exec to sell shares of his or her company, but only one, very simple reason why they would behave bullishly. Various empirical studies have demonstrated the impressive potential of this tactic if shareholders understand where to look (learn more here).

What’s more, let’s analyze the newest info for UDR, Inc. (NYSE:UDR).

What have hedge funds been doing with UDR, Inc. (NYSE:UDR)?

In preparation for the third quarter, a total of 8 of the hedge funds we track were long in this stock, a change of -11% from the previous quarter. With hedgies’ capital changing hands, there exists a few notable hedge fund managers who were boosting their stakes considerably.

UDR, Inc. (NYSE:UDR)According to our 13F database, Carlson Capital, managed by Clint Carlson, holds the most valuable position in UDR, Inc. (NYSE:UDR). Carlson Capital has a $5.3 million position in the stock, comprising 0.1% of its 13F portfolio. Sitting at the No. 2 spot is Ken Griffin of Citadel Investment Group, with a $4.3 million position; the fund has less than 0.1%% of its 13F portfolio invested in the stock. Some other hedge funds that hold long positions include J. Alan Reid Jr.’s Forward Management, and Cliff Asness’s AQR Capital Management.

Judging by the fact that UDR, Inc. (NYSE:UDR) has faced declining interest from the top-tier hedge fund industry, it’s safe to say that there lies a certain “tier” of money managers that slashed their positions entirely in Q1. Interestingly, Ken Gray and Steve Walsh’s Bryn Mawr Capital cut the biggest stake of all the hedgies we monitor, comprising close to $17.9 million in stock. D. E. Shaw’s fund, D E Shaw, also said goodbye to its stock, about $2.4 million worth. These bearish behaviors are important to note, as total hedge fund interest was cut by 1 funds in Q1.

How have insiders been trading UDR, Inc. (NYSE:UDR)?

Insider buying made by high-level executives is most useful when the company we’re looking at has experienced transactions within the past six months. Over the latest six-month time period, UDR, Inc. (NYSE:UDR) has seen zero unique insiders buying, and zero insider sales (see the details of insider trades here).

We’ll also take a look at the relationship between both of these indicators in other stocks similar to UDR, Inc. (NYSE:UDR). These stocks are Two Harbors Investment Corp (NYSE:TWO), American Campus Communities, Inc. (NYSE:ACC), Senior Housing Properties Trust (NYSE:SNH), Essex Property Trust Inc (NYSE:ESS), and Camden Property Trust (NYSE:CPT). This group of stocks are in the reit – residential industry and their market caps match UDR’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!