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

UDR ( UDR) pushed the Financial sector higher today making it today's featured financial leader. The sector as a whole closed the day down 0.9%. By the end of trading, UDR rose 14 cents (0.5%) to $26.90 on average volume. Throughout the day, 2.8 million shares of UDR exchanged hands as compared to its average daily volume of 3.1 million shares. The stock ranged in a price between $26.52-$26.97 after having opened the day at $26.56 as compared to the previous trading day's close of $26.76. Other companies within the Financial sector that increased today were: Fidelity Bancorp ( FSBI), up 65%, Ameriana Bancorp ( ASBI), up 9.6%, United Community Bancorp ( UCBA), up 9.3%, and Community Financial ( CFFC), up 9.1%.

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 $6.14 billion and is part of the real estate industry. Shares are up 6.5% year to date as of the close of trading on Thursday. Currently there are five analysts that rate UDR a buy, one analyst rates 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 negative front, Village Bank and Trust Financial Corporatio ( VBFC), down 28.8%, Millennium India Acquisition Corporation ( SMCG), down 17%, Broadway Financial ( BYFC), down 13.4%, and Meadowbrook Insurance Group ( MIG), down 12.8%, were all laggards within the financial sector with Berkshire Hathaway ( BRK.B) being today's financial sector laggard.

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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