Equity Residential (NYSE:EQR) CFO Mark J. Parrell sold 1,600 shares of Equity Residential stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $68.01, for a total transaction of $108,816.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Mark J. Parrell also recently made the following trade(s):

  • On Friday, November 3rd, Mark J. Parrell sold 50,000 shares of Equity Residential stock. The shares were sold at an average price of $68.00, for a total transaction of $3,400,000.00.

Shares of Equity Residential (NYSE:EQR) traded up $0.40 on Friday, hitting $68.21. 1,755,072 shares of the stock were exchanged, compared to its average volume of 1,458,094. The stock has a market capitalization of $24.57 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 3.38 and a beta of 0.37. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.24 and a quick ratio of 0.31.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Stockholders of record on Monday, September 25th were issued a dividend of $0.5038 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date was Friday, September 22nd. Equity Residential’s dividend payout ratio (DPR) is presently 99.02%.

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A number of equities analysts recently commented on the stock. BidaskClub raised shares of Equity Residential from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th. UBS AG downgraded shares of Equity Residential from a “buy” rating to a “neutral” rating and set a $68.00 price objective for the company. in a research note on Thursday, July 6th. Jefferies Group LLC reissued a “hold” rating and issued a $65.00 price objective on shares of Equity Residential in a research note on Sunday, September 10th. Royal Bank Of Canada reissued a “hold” rating on shares of Equity Residential in a research note on Monday, July 31st. Finally, Zacks Investment Research raised shares of Equity Residential from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a research note on Tuesday, July 18th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $68.85.

Several institutional investors and hedge funds have recently made changes to their positions in EQR. Bessemer Group Inc. grew its holdings in shares of Equity Residential by 124.6% during the second quarter. Bessemer Group Inc. now owns 1,572 shares of the real estate investment trust’s stock valued at $103,000 after buying an additional 872 shares during the last quarter. D.A. Davidson & CO. grew its holdings in shares of Equity Residential by 4.1% during the second quarter. D.A. Davidson & CO. now owns 1,873 shares of the real estate investment trust’s stock valued at $123,000 after buying an additional 73 shares during the last quarter. Sun Life Financial INC grew its holdings in shares of Equity Residential by 22,450.0% during the second quarter. Sun Life Financial INC now owns 2,706 shares of the real estate investment trust’s stock valued at $178,000 after buying an additional 2,694 shares during the last quarter. Girard Partners LTD. purchased a new stake in shares of Equity Residential during the second quarter valued at $209,000. Finally, Prudential PLC purchased a new stake in shares of Equity Residential during the second quarter valued at $209,000. 90.94% of the stock is currently owned by hedge funds and other institutional investors.

About Equity Residential

Equity Residential is a real estate investment trust. The Company’s primary business is the acquisition, development and management of multifamily residential properties. Its segments include Boston, New York, Washington DC, Southern California, San Francisco, Seattle and Other Markets. Southern California includes Los Angeles, San Diego and Orange County.

Insider Buying and Selling by Quarter for Equity Residential (NYSE:EQR)

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