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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

UDR ( UDR) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.2%. By the end of trading, UDR fell $0.34 (-1.4%) to $24.25 on light volume. Throughout the day, 1,356,296 shares of UDR exchanged hands as compared to its average daily volume of 2,052,100 shares. The stock ranged in price between $24.25-$24.67 after having opened the day at $24.63 as compared to the previous trading day's close of $24.59. Other companies within the Financial sector that declined today were: Credit Suisse ( DSLV), down 14.8%, First ( FBMS), down 9.0%, Vestin Realty Mortgage II ( VRTB), down 8.8% and Raymond James Financial ( RJF), down 8.5%.
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UDR, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities. UDR has a market cap of $6.1 billion and is part of the real estate industry. Shares are up 3.4% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates UDR as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins and generally disappointing historical performance in the stock itself.

On the positive front, Old Second Bancorp ( OSBC), down 30.0%, National Bank of Greece ( NBG), down 21.3%, MPG Office ( MPG), down 20.4% and Maui Land & Pineapple Company ( MLP), down 12.8% , were all gainers within the financial sector with Franklin Resources ( BEN) being today's featured financial sector leader.

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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