State Street Corp Amends UDR Inc. Stake Filing

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

From the Filing

0000093751-24-000298.txt : 20240129 0000093751-24-000298.hdr.sgml : 20240129 20240129100306 ACCESSION NUMBER: 0000093751-24-000298 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240129 DATE AS OF CHANGE: 20240129 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UDR, Inc. CENTRAL INDEX KEY: 0000074208 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 540857512 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-20857 FILM NUMBER: 24570957 BUSINESS ADDRESS: STREET 1: 1745 SHEA CENTER DRIVE STREET 2: SUITE 200 CITY: HIGHLANDS RANCH STATE: CO ZIP: 80129 BUSINESS PHONE: 720-283-6120 MAIL ADDRESS: STREET 1: 1745 SHEA CENTER DRIVE STREET 2: SUITE 200 CITY: HIGHLANDS RANCH STATE: CO ZIP: 80129 FORMER COMPANY: FORMER CONFORMED NAME: UNITED DOMINION REALTY TRUST INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION REAL ESTATE INVESTMENT TRUST DATE OF NAME CHANGE: 19850110 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION REIT ONE DATE OF NAME CHANGE: 19770921 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STATE STREET CORP CENTRAL INDEX KEY: 0000093751 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 042456637 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1 CONGRESS STREET STREET 2: SUITE 1 CITY: BOSTON STATE: MA ZIP: 02114 BUSINESS PHONE: 617 786-3000 MAIL ADDRESS: STREET 1: 1 CONGRESS STREET STREET 2: SUITE 1 CITY: BOSTON STATE: MA ZIP: 02114 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET Corp DATE OF NAME CHANGE: 20090218 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET CORP DATE OF NAME CHANGE: 19970424 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET BOSTON FINANCIAL CORP DATE OF NAME CHANGE: 19780525 SC 13G/A 1 UDR_Inc.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 AMENDED FILING UDR INC (NAME OF ISSUER) REIT (TITLE OF CLASS OF SECURITIES) 902653104 (CUSIP NUMBER) 12/31/2023 (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT) CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED: (X) RULE 13D-1 (B) ( ) RULE 13D-1 (C) ( ) RULE 13D-1 (D) *THE REMAINDER OF THIS COVER PAGE SHALL BE FILLED OUT FOR A REPORTING PERSON`S INITIAL FILING ON THIS FORM WITH RESPECT TO THE SUBJECT CLASS OF SECURITIES, AND FOR ANY SUBSEQUENT AMENDMENT CONTAINING INFORMATION WHICH WOULD ALTER THE DISCLOSURES PROVIDED IN A PRIOR COVER PAGE. THE INFORMATION REQUIRED IN THE REMAINDER OF THIS COVER PAGE SHALL NOT BE DEEMED TO BE "FILED" FOR THE PURPOSE OF SECTION 18 OF THE SECURITIES EXCHANGE ACT OF 1934 ("ACT") OR OTHERWISE SUBJECT TO THE LIABILITIES OF THAT SECTION OF THE ACT BUT SHALL BE SUBJECT TO ALL OTHER PROVISIONS OF THE ACT (HOWEVER, SEE THE NOTES). CUSIP NO:902653104 13G Page 2 of 5 Pages 1. NAME OF REPORTING PERSON: STATE STREET CORPORATION I.R.S. IDENTIFICATION NO. OF THE ABOVE PERSON: 04-2456637 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP NOT APPLICABLE 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION BOSTON, MASSACHUSETTS 5. SOLE VOTING POWER 0 SHARES 6. SHARED VOTING POWER 14,026,198 7. SOLE DISPOSITIVE POWER 0 SHARES 8. SHARED DISPOSITIVE POWER 22,513,058 9. AGGREGATED AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 22,569,005 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES NOT APPLICABLE 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.86% 12. TYPE OF REPORTING PERSON HC CUSIP NO: 902653104 13G Page 3 of 5 Pages ITEM 1. (A) NAME OF ISSUER UDR INC (B) ADDRESS OF ISSUER`S PRINCIPAL EXECUTIVE OFFICES 1745 SHEA CENTER DRIVE SUITE 200 HIGHLANDS RANCH CO 80129 UNITED STATES ITEM 2. (A) NAME OF PERSON FILING STATE STREET CORPORA