State Street Corp Amends UDR Inc. Stake Filing
Ticker: UDR · Form: SC 13G/A · Filed: Jan 29, 2024 · CIK: 74208
| Field | Detail |
|---|---|
| Company | Udr, Inc. (UDR) |
| Form Type | SC 13G/A |
| Filed Date | Jan 29, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, real-estate, passive-investment
TL;DR
**State Street Corp is still a major holder in UDR, Inc., signaling continued institutional confidence.**
AI Summary
State Street Corp, a major financial institution, filed an amended SC 13G/A on January 29, 2024, disclosing its ownership in UDR, Inc. (a Real Estate Investment Trust). This filing indicates State Street's holdings as of December 31, 2023, under Rule 13d-1(b). While the filing itself doesn't specify the exact percentage or number of shares, it signals that State Street continues to be a significant institutional investor in UDR, Inc., which can be a positive sign of confidence for current and prospective shareholders.
Why It Matters
This filing confirms State Street Corp's continued institutional interest in UDR, Inc., which can provide a level of stability and confidence for investors in the real estate investment trust.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institutional investor, indicating no immediate negative or positive risk.
Analyst Insight
Investors should view this as a routine update from a major institutional holder. While it doesn't signal a new investment, it confirms State Street's continued presence, which can be a positive indicator of long-term stability for UDR, Inc. shareholders. No immediate action is required based solely on this filing.
Key Players & Entities
- State Street Corp (company) — the entity filing the SC 13G/A
- UDR, Inc. (company) — the subject company in which State Street Corp holds shares
- December 31, 2023 (date) — the date of the event requiring the filing
- January 29, 2024 (date) — the date the SC 13G/A was filed
- Rule 13d-1(b) (other) — the specific SEC rule under which the filing was made
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'AMENDED FILING' sections.
Who is the 'subject company' in this filing?
The subject company is UDR, Inc., identified by 'COMPANY CONFORMED NAME: UDR, Inc.' and 'NAME OF ISSUER: UDR INC'.
Who filed this SC 13G/A?
This SC 13G/A was filed by State Street Corp, as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STATE STREET CORP'.
What was the 'date of event' that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified under 'DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT: 12/31/2023'.
Under which specific SEC rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by '(X) RULE 13D-1 (B)' in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 29, 2024 regarding UDR, Inc. (UDR).