Daiwa Securities Group Inc. Acquires 7,817 Shares of Equity Residential $EQR

Daiwa Securities Group Inc. grew its holdings in Equity Residential (NYSE:EQR) by 4.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 192,410 shares of the real estate investment trust’s stock after purchasing an additional 7,817 shares during the period. Daiwa Securities Group Inc. owned approximately 0.05% of Equity Residential worth $12,130,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of EQR. Empowered Funds LLC increased its stake in shares of 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 valued at $536,000 after purchasing an additional 226 shares during the last quarter. Cresset Asset Management LLC increased its stake in shares of Equity Residential by 13.9% in the 2nd quarter. Cresset Asset Management LLC now owns 4,836 shares of the real estate investment trust’s stock valued at $330,000 after purchasing an additional 590 shares during the last quarter. Jump Financial LLC increased its stake in shares of Equity Residential by 96.1% in the 2nd quarter. Jump Financial LLC now owns 11,300 shares of the real estate investment trust’s stock valued at $763,000 after purchasing an additional 5,537 shares during the last quarter. Federated Hermes Inc. bought a new position in shares of Equity Residential in the 2nd quarter valued at $100,000. Finally, Cerity Partners LLC increased its stake in shares of Equity Residential by 170.7% in the 2nd quarter. Cerity Partners LLC now owns 20,646 shares of the real estate investment trust’s stock valued at $1,393,000 after purchasing an additional 13,018 shares during the last quarter. Institutional investors own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on EQR. Cantor Fitzgerald lifted their price target on Equity Residential from $64.00 to $66.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Evercore lifted their price target on Equity Residential from $67.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Stifel Nicolaus lifted their price target on Equity Residential from $78.25 to $79.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. BNP Paribas Exane lifted their price target on Equity Residential from $68.00 to $70.00 and gave the company a “neutral” rating in a research note on Monday, May 18th. Finally, UBS Group lifted their price target on Equity Residential from $71.00 to $73.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Equity Residential has an average rating of “Moderate Buy” and a consensus target price of $69.90.

Equity Residential Trading Up 0.5%

Shares of EQR stock opened at $68.21 on Friday. The firm has a market capitalization of $25.56 billion, a P/E ratio of 27.29, a P/E/G ratio of 5.41 and a beta of 0.75. Equity Residential has a twelve month low of $57.57 and a twelve month high of $70.21. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.77. The stock’s fifty day simple moving average is $63.63 and its 200 day simple moving average is $62.39.

Equity Residential (NYSE:EQR) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 EPS 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 company had revenue of $779.85 million during the quarter, compared to the consensus estimate of $781.79 million. During the same quarter last year, the firm posted $0.95 EPS. The company’s quarterly revenue was up 2.5% on a year-over-year basis. 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. As a group, sell-side analysts predict that Equity Residential will post 4.09 EPS for the current fiscal year.

Equity Residential Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 30th were given a $0.7025 dividend. This is a boost from Equity Residential’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, March 30th. This represents a $2.81 dividend on an annualized basis and a dividend yield of 4.1%. Equity Residential’s dividend payout ratio is presently 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.