UDR Inc (UDR): Today's Featured Financial Loser

UDR ( UDR) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day up 0.4%. By the end of trading, UDR fell 20 cents (-0.8%) to $26.29 on heavy volume. Throughout the day, three million shares of UDR exchanged hands as compared to its average daily volume of two million shares. The stock ranged in price between $26.17-$26.51 after having opened the day at $26.48 as compared to the previous trading day's close of $26.49. Other company's within the Financial sector that declined today were: Plumas Bancorp ( PLBC), down 21%, Affirmative Insurance Holdings ( AFFM), down 15.6%, Ampal-American Israel Corporation ( AMPL), down 12.5%, and Ameritrans Capital Corporation ( AMTC), down 10.8%.

UDR, Inc. formerly United Dominion Realty Trust, Inc., operates as a self-administered equity real estate investment trust (REIT). It owns, acquires, renovates, develops, and manages middle-market apartment communities. UDR has a market cap of $5.91 billion and is part of the real estate industry. Shares are up 5.5% year to date as of the close of trading on Wednesday. Currently there are five analysts that rate UDR a buy, two analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates UDR as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet.

On the positive front, Central Virginia Bankshares ( CVBK), up 19.7%, American Spectrum Realty ( AQQ), up 14.2%, E-House China Holdings ( EJ), up 13%, and Security National Financial Corporation ( SNFCA), up 12.9%, were all gainers within the financial sector with Wells Fargo ( WFC) being today's featured financial sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).
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