ABN Amro Investment Solutions acquired a new stake in Equity Residential (NYSE:EQR – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 12,472 shares of the real estate investment trust’s stock, valued at approximately $786,000.
Several other institutional investors have also modified their holdings of EQR. Collier Financial bought a new stake in shares of Equity Residential in the 3rd quarter valued at approximately $26,000. Fulcrum Asset Management LLP bought a new stake in shares of Equity Residential during the 3rd quarter worth approximately $27,000. Rosenberg Matthew Hamilton lifted its stake in shares of Equity Residential by 69.2% during the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 180 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new stake in shares of Equity Residential during the 3rd quarter worth approximately $31,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Equity Residential by 434.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 439 shares during the last quarter. 92.68% of the stock is owned by institutional investors.
Equity Residential Trading Up 0.1%
Shares of NYSE EQR opened at $66.30 on Monday. 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 business has a fifty day simple moving average of $62.21 and a two-hundred day simple moving average of $61.92. The firm has a market cap of $24.84 billion, a PE ratio of 26.52, a price-to-earnings-growth ratio of 5.25 and a beta of 0.76. Equity Residential has a twelve month low of $57.57 and a twelve month high of $70.31.
Equity Residential Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 30th were given a dividend of $0.7025 per share. This is a boost from Equity Residential’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Monday, March 30th. This represents a $2.81 dividend on an annualized basis and a yield of 4.2%. Equity Residential’s dividend payout ratio is presently 112.40%.
Equity Residential News Roundup
Here are the key news stories impacting Equity Residential this week:
- Positive Sentiment: Equity Residential’s merger with AvalonBay could improve scale, operating efficiency, and bargaining power across a portfolio of more than 180,000 rental apartments, supporting the investment case for the combined company. What the AvalonBay, Equity Residential megamerger means for the apartment industry and rents
- Positive Sentiment: Zacks Research raised several forward earnings estimates for Equity Residential, including Q1 2027, Q3 2027, Q4 2027, Q1 2028 and FY2028, signaling improved longer-term earnings expectations.
- Neutral Sentiment: Some 2026 and Q2 2027 EPS estimates were trimmed slightly, suggesting near-term earnings expectations are not uniformly improving, even as longer-dated forecasts rise.
- Negative Sentiment: The merger has also drawn shareholder-rights investigations, which could add legal noise and uncertainty around whether EQR investors are receiving a fair price in the deal.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on EQR shares. Wells Fargo & Company raised their price target on Equity Residential from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. Barclays raised their price target on Equity Residential from $75.00 to $76.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Scotiabank raised their price target on Equity Residential from $66.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Equity Residential in a research note on Tuesday, April 21st. Finally, UBS Group raised their price target on Equity Residential from $71.00 to $73.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $70.11.
View Our Latest Report on Equity Residential
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.
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