Yousif Capital Management LLC Sells 11,010 Shares of Equity Residential $EQR

Yousif Capital Management LLC decreased its holdings in shares of Equity Residential (NYSE:EQR) by 17.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 53,854 shares of the real estate investment trust’s stock after selling 11,010 shares during the quarter. Yousif Capital Management LLC’s holdings in Equity Residential were worth $3,486,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in EQR. Knights of Columbus Asset Advisors LLC acquired a new position in shares of Equity Residential during the 2nd quarter worth about $2,860,000. Aberdeen Group plc raised its position in shares of Equity Residential by 9.3% in the 2nd quarter. Aberdeen Group plc now owns 422,260 shares of the real estate investment trust’s stock valued at $28,498,000 after acquiring an additional 36,047 shares during the period. Andra AP fonden boosted its stake in Equity Residential by 30.3% during the 2nd quarter. Andra AP fonden now owns 187,100 shares of the real estate investment trust’s stock worth $12,627,000 after acquiring an additional 43,500 shares during the last quarter. Aew Capital Management L P grew its holdings in Equity Residential by 3.8% during the second quarter. Aew Capital Management L P now owns 391,301 shares of the real estate investment trust’s stock valued at $26,409,000 after purchasing an additional 14,310 shares during the period. Finally, Sequoia Financial Advisors LLC increased its stake in Equity Residential by 39.3% in the second quarter. Sequoia Financial Advisors LLC now owns 4,522 shares of the real estate investment trust’s stock valued at $305,000 after purchasing an additional 1,276 shares in the last quarter. Institutional investors and hedge funds own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on EQR. Barclays reduced their price target on shares of Equity Residential from $80.00 to $77.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 25th. Cantor Fitzgerald assumed coverage on Equity Residential in a report on Wednesday, October 1st. They set an “overweight” rating and a $70.00 target price on the stock. Evercore ISI lowered their price target on Equity Residential from $70.00 to $68.00 and set an “outperform” rating for the company in a report on Monday, November 3rd. BNP Paribas Exane lowered Equity Residential from an “outperform” rating to a “neutral” rating in a research report on Monday, September 29th. Finally, Morgan Stanley cut their price objective on Equity Residential from $75.00 to $73.50 and set an “equal weight” rating on the stock in a report on Thursday, November 13th. Eight equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $70.02.

Equity Residential Stock Performance

EQR opened at $63.11 on Friday. The company has a market capitalization of $24.01 billion, a price-to-earnings ratio of 20.83, a P/E/G ratio of 3.34 and a beta of 0.75. The business’s 50-day moving average price is $60.98 and its two-hundred day moving average price is $63.92. Equity Residential has a 1 year low of $58.38 and a 1 year high of $75.86. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.45 and a quick ratio of 0.45.

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

Equity Residential Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be issued a $0.6925 dividend. The ex-dividend date is Friday, January 2nd. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.4%. Equity Residential’s dividend payout ratio (DPR) is 91.42%.

Equity Residential Profile

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.