4,154 Shares in Equity Residential $EQR Purchased by Versor Investments LP

Versor Investments LP bought a new stake in Equity Residential (NYSE:EQR) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,154 shares of the real estate investment trust’s stock, valued at approximately $280,000.

Several other institutional investors have also recently bought and sold shares of EQR. Vanguard Group Inc. grew its stake in shares of Equity Residential by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 56,000,934 shares of the real estate investment trust’s stock worth $4,008,547,000 after acquiring an additional 199,943 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Equity Residential by 5.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 20,711,588 shares of the real estate investment trust’s stock worth $1,482,537,000 after purchasing an additional 1,101,027 shares during the last quarter. Invesco Ltd. grew its position in Equity Residential by 1.7% in the first quarter. Invesco Ltd. now owns 6,634,446 shares of the real estate investment trust’s stock valued at $474,894,000 after purchasing an additional 112,004 shares in the last quarter. Resolution Capital Ltd increased its stake in Equity Residential by 3.8% in the 1st quarter. Resolution Capital Ltd now owns 5,077,065 shares of the real estate investment trust’s stock valued at $363,416,000 after buying an additional 185,876 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Equity Residential by 4.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,696,175 shares of the real estate investment trust’s stock worth $336,152,000 after buying an additional 198,344 shares in the last quarter. Institutional investors own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on EQR shares. UBS Group reduced their price objective on shares of Equity Residential from $84.00 to $76.00 and set a “buy” rating for the company in a research note on Tuesday, July 15th. BNP Paribas cut Equity Residential from an “outperform” rating to a “hold” rating in a research report on Monday, September 29th. Scotiabank decreased their price target on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. lowered their price target on Equity Residential from $76.00 to $75.00 in a research report on Tuesday, September 16th. Finally, Wall Street Zen raised Equity Residential from a “sell” rating to a “hold” rating in a report on Monday. Seven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $72.45.

Equity Residential Trading Down 1.7%

Equity Residential stock opened at $58.73 on Friday. The stock has a 50-day simple moving average of $63.42 and a 200 day simple moving average of $66.09. The stock has a market capitalization of $22.34 billion, a P/E ratio of 19.38, a PEG ratio of 2.99 and a beta of 0.88. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.17 and a current ratio of 0.45. Equity Residential has a 52 week low of $58.38 and a 52 week high of $78.32.

Equity Residential (NYSE:EQR) last released its quarterly earnings data on Tuesday, October 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.02. Equity Residential had a return on equity of 10.30% and a net margin of 37.58%.The firm had revenue of $782.41 million for the quarter, compared to analyst estimates of $779.68 million. During the same quarter in the prior year, the company earned $0.98 earnings per share. Equity Residential has set its Q4 2025 guidance at 1.020-1.060 EPS. FY 2025 guidance at 3.980-4.020 EPS. Analysts expect that Equity Residential will post 3.98 earnings per share for the current year.

Equity Residential Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Thursday, September 25th were issued a dividend of $0.6925 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $2.77 annualized dividend and a yield of 4.7%. Equity Residential’s dividend payout ratio (DPR) is currently 91.42%.

About Equity Residential

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.