SCHEDULE: Cohen & Steers Increase Stake in UDR Inc.

Cohen & Steers and its subsidiaries report beneficial ownership of 7.92% of UDR Inc.'s common stock as of June 30, 2025.

Summary

• Cohen & Steers, Inc. reports beneficial ownership of 26,254,346 shares of UDR Inc. common stock, representing 7.92% of the class.
• Cohen & Steers Capital Management, Inc. reports beneficial ownership of 26,071,695 shares, representing 7.87% of the class.
• Cohen & Steers UK Ltd reports beneficial ownership of 155,608 shares, representing 0.05% of the class.
• Cohen & Steers Ireland Ltd reports beneficial ownership of 27,043 shares, representing 0.01% of the class.
• Cohen & Steers Asia Limited reports beneficial ownership of 0 shares, representing 0% of the class.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of ownership and does not inherently convey positive or negative sentiment.

Positives

• Cohen & Steers, Inc. has sole voting power over 19,836,409 shares and sole dispositive power over 26,254,346 shares.
• Cohen & Steers Capital Management, Inc. has sole voting power over 19,799,533 shares and sole dispositive power over 26,071,695 shares.
• Cohen & Steers UK Ltd has sole voting power over 9,833 shares and sole dispositive power over 155,608 shares.
• Cohen & Steers Ireland Ltd has sole voting power over 27,043 shares and sole dispositive power over 27,043 shares.

Negatives

• Cohen & Steers Asia Limited reports beneficial ownership of 0 shares, representing 0% of the class.

Future Outlook

NA

Industry Context

This filing reflects institutional investment activity in the real estate sector, specifically in UDR Inc., a large multifamily REIT. Monitoring such filings provides insights into investor sentiment and potential shifts in ownership within the industry.

Comparison to Industry Standards

• BlackRock, Vanguard, and State Street are major institutional investors that frequently file 13G/13D forms for various REITs, including multifamily REITs like UDR Inc.
• The reported ownership percentages are within the typical range for institutional investors in publicly traded REITs.
• Analyzing the changes in ownership percentages over time, compared to peers, can indicate relative attractiveness of UDR Inc. compared to other multifamily REITs.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding institutional ownership, which can influence investor confidence.
• Employees: No direct impact on employees.
• Customers: No direct impact on customers.
• Suppliers: No direct impact on suppliers.
• Creditors: No direct impact on creditors.

Key Dates

Recommendation

The increase in stake is not significant enough to warrant a change in recommendation. A hold recommendation is appropriate as the filing reflects a continuation of an existing investment strategy.

Keywords

UDR Inc., Cohen & Steers, Beneficial Ownership, Schedule 13G, Common Stock, Investment Advisor, SEC Filing