Swedbank AB Trims Stock Holdings in Equity Residential $EQR

Swedbank AB reduced its stake in Equity Residential (NYSE:EQR) by 11.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,609 shares of the real estate investment trust’s stock after selling 8,975 shares during the quarter. Swedbank AB’s holdings in Equity Residential were worth $4,262,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Collier Financial purchased a new stake in shares of Equity Residential in the third quarter valued at $26,000. Fulcrum Asset Management LLP purchased a new stake in shares of Equity Residential in the third quarter valued at $27,000. Rosenberg Matthew Hamilton lifted its position in shares of Equity Residential by 69.2% in the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 180 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in shares of Equity Residential in the third quarter valued at $31,000. Finally, Hantz Financial Services Inc. lifted its position in shares of Equity Residential by 434.7% in the third quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 439 shares in the last quarter. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on EQR. Mizuho upped their price objective on Equity Residential from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Friday, March 6th. BNP Paribas Exane upped their price objective on Equity Residential from $68.00 to $70.00 and gave the company a “neutral” rating in a research report on Monday, May 18th. JPMorgan Chase & Co. upped their price objective on Equity Residential from $71.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Barclays upped their price objective on Equity Residential from $75.00 to $76.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Finally, Royal Bank Of Canada upped their target price on Equity Residential from $67.00 to $69.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, Equity Residential has a consensus rating of “Hold” and a consensus price target of $70.11.

Equity Residential Stock Performance

Equity Residential stock opened at $66.25 on Wednesday. The firm has a market capitalization of $24.82 billion, a P/E ratio of 26.50 and a beta of 0.76. The stock has a fifty day moving average price of $62.45 and a 200 day moving average price of $62.01. Equity Residential has a 52 week low of $57.57 and a 52 week high of $70.31. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.77.

Equity Residential (NYSE:EQR) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.09). The business had revenue of $779.85 million during the quarter, compared to analyst estimates of $781.79 million. Equity Residential had a net margin of 30.63% and a return on equity of 8.57%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 earnings per share. Equity Residential has set its FY 2026 guidance at 4.020-4.140 EPS and its Q2 2026 guidance at 0.980-1.020 EPS. Equities research analysts anticipate that Equity Residential will post 4.09 earnings per share for the current year.

Equity Residential Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 30th were paid a $0.7025 dividend. The ex-dividend date was Monday, March 30th. This is an increase from Equity Residential’s previous quarterly dividend of $0.69. This represents a $2.81 annualized dividend and a yield of 4.2%. Equity Residential’s payout ratio is currently 112.40%.

Equity Residential Company 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.