W Thomas Toomey, Chief Executive Officer at UDR, Inc. (NYSE:UDR), sold on August 26th through an open market transaction 7,000 shares of Common Stock. These were sold at a price of $29.70 each, for a total value of $207,900. Following the filling, Mr. Toomey now owns a total of 1,144,940 shares of the self-administered real estate investment trust that has a $7.49 billion market cap.
Besides UDR, Inc. (NYSE:UDR)’s largest hedge fund shareholder of record not changing its stake in the company, the rest of the firm’s top investors have done so by decreasing their exposure to it. Israel Englander’s Millennium Management –owner of 219,050 shares- has reduced its participation in UDR, Inc. (NYSE:UDR) by a 66%, Ken Griffin’s Citadel Investment Group –owner of 120,711 shares- by a 71%, and Clif Asness’ Aqr Capital Management –owner of 102,300 shares- by a 19%.
Disclosure: Pamela Gaviño holds no position in any of the stocks and funds mentioned.