USS Investment Management Ltd Has $5.86 Million Holdings in Equity Residential $EQR

USS Investment Management Ltd increased its stake in shares of Equity Residential (NYSE:EQR) by 12.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,004 shares of the real estate investment trust’s stock after buying an additional 10,834 shares during the quarter. USS Investment Management Ltd’s holdings in Equity Residential were worth $5,858,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Fulcrum Asset Management LLP bought a new stake in Equity Residential in the third quarter valued at $27,000. Rosenberg Matthew Hamilton lifted its holdings in shares of Equity Residential by 69.2% during 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 during the period. Zions Bancorporation National Association UT lifted its holdings in shares of Equity Residential by 375.2% during the fourth quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 379 shares during the period. DV Equities LLC acquired a new stake in shares of Equity Residential in the 4th quarter valued at $30,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in shares of Equity Residential in the 3rd quarter valued at $31,000. Institutional investors and hedge funds own 92.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. The Goldman Sachs Group dropped their target price on shares of Equity Residential from $71.00 to $69.00 and set a “neutral” rating for the company in a research report on Thursday, April 16th. Wall Street Zen lowered shares of Equity Residential from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. JPMorgan Chase & Co. boosted their price target on shares of Equity Residential from $71.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Truist Financial upped their price objective on shares of Equity Residential from $70.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Finally, Nordea Equity Research raised shares of Equity Residential to a “buy” rating in a report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $70.65.

Equity Residential Price Performance

Equity Residential stock opened at $69.75 on Friday. The business’s fifty day moving average is $65.99 and its two-hundred day moving average is $63.21. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a market cap of $26.13 billion, a P/E ratio of 27.90, a P/E/G ratio of 5.45 and a beta of 0.74. Equity Residential has a 52 week low of $57.57 and a 52 week high of $69.83.

Equity Residential (NYSE:EQR) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.09). Equity Residential had a net margin of 30.63% and a return on equity of 8.57%. The business had revenue of $779.85 million during the quarter, compared to analyst estimates of $781.79 million. During the same quarter last year, the business posted $0.95 earnings per share. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. 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 forecast that Equity Residential will post 4.09 earnings per share for the current fiscal year.

Equity Residential Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 29th will be issued a dividend of $0.7025 per share. The ex-dividend date of this dividend is Monday, June 29th. This represents a $2.81 dividend on an annualized basis and a yield of 4.0%. Equity Residential’s dividend payout ratio is currently 112.40%.

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.