Campbell & CO Investment Adviser LLC Buys Shares of 11,291 Equity Residential $EQR

Campbell & CO Investment Adviser LLC bought a new stake in shares of Equity Residential (NYSE:EQR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,291 shares of the real estate investment trust’s stock, valued at approximately $731,000.

A number of other hedge funds also recently modified their holdings of EQR. Rothschild Investment LLC lifted its stake in Equity Residential by 6.8% in the second quarter. Rothschild Investment LLC now owns 2,841 shares of the real estate investment trust’s stock valued at $192,000 after purchasing an additional 182 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Equity Residential by 0.4% in the second quarter. Cetera Investment Advisers now owns 48,030 shares of the real estate investment trust’s stock valued at $3,242,000 after buying an additional 183 shares during the period. CX Institutional grew its stake in shares of Equity Residential by 6.1% during the 3rd quarter. CX Institutional now owns 3,274 shares of the real estate investment trust’s stock worth $212,000 after acquiring an additional 189 shares during the period. Louisiana State Employees Retirement System grew its stake in shares of Equity Residential by 1.1% during the 3rd quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the real estate investment trust’s stock worth $1,178,000 after acquiring an additional 200 shares during the period. Finally, Empowered Funds LLC increased its holdings in Equity Residential by 3.1% in the 1st quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust’s stock worth $536,000 after acquiring an additional 226 shares during the last quarter. Institutional investors own 92.68% of the company’s stock.

Equity Residential Stock Performance

Equity Residential stock opened at $61.00 on Wednesday. Equity Residential has a 1-year low of $58.38 and a 1-year high of $75.86. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $23.21 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 3.14 and a beta of 0.75. The firm’s 50 day simple moving average is $61.29 and its 200 day simple moving average is $63.11.

Equity Residential (NYSE:EQR) last announced its quarterly earnings results on Tuesday, October 28th. The real estate investment trust reported $1.02 EPS for the quarter, meeting the consensus estimate of $1.02. The firm had revenue of $782.41 million during the quarter, compared to the consensus estimate of $779.68 million. Equity Residential had a net margin of 37.58% and a return on equity of 10.30%. During the same period last year, the firm earned $0.98 EPS. 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. As a group, analysts expect that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were paid a $0.6925 dividend. This represents a $2.77 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Friday, January 2nd. Equity Residential’s dividend payout ratio is currently 91.42%.

Analyst Ratings Changes

Several research firms have commented on EQR. Wall Street Zen raised shares of Equity Residential from a “sell” rating to a “hold” rating in a report on Monday, November 3rd. Morgan Stanley lowered their price target on shares of Equity Residential from $75.00 to $73.50 and set an “equal weight” rating on the stock in a research report on Thursday, November 13th. UBS Group raised their price objective on shares of Equity Residential from $68.00 to $71.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. reduced their price objective on shares of Equity Residential from $75.00 to $71.00 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Finally, Truist Financial dropped their target price on Equity Residential from $75.00 to $70.00 and set a “buy” rating on the stock in a research report on Monday, November 17th. Seven investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $69.54.

About Equity Residential

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.