Coldstream Capital Management Inc. Lowers Stock Holdings in Equity Residential $EQR

Coldstream Capital Management Inc. trimmed its holdings in shares of Equity Residential (NYSE:EQR) by 94.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,250 shares of the real estate investment trust’s stock after selling 61,086 shares during the period. Coldstream Capital Management Inc.’s holdings in Equity Residential were worth $205,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Equity Residential by 2.3% during the third quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock valued at $3,728,296,000 after purchasing an additional 1,281,354 shares during the last quarter. State Street Corp raised its holdings in Equity Residential by 2.8% in the 3rd quarter. State Street Corp now owns 24,922,935 shares of the real estate investment trust’s stock worth $1,630,103,000 after acquiring an additional 688,854 shares during the last quarter. First Eagle Investment Management LLC raised its holdings in Equity Residential by 0.5% in the 4th quarter. First Eagle Investment Management LLC now owns 9,242,013 shares of the real estate investment trust’s stock worth $582,617,000 after acquiring an additional 44,127 shares during the last quarter. Northern Trust Corp raised its holdings in Equity Residential by 0.6% in the 3rd quarter. Northern Trust Corp now owns 6,231,961 shares of the real estate investment trust’s stock worth $403,395,000 after acquiring an additional 34,625 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Equity Residential by 3.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,199,635 shares of the real estate investment trust’s stock worth $336,564,000 after acquiring an additional 173,002 shares during the last quarter. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

Equity Residential Trading Up 0.0%

Shares of EQR stock opened at $65.48 on Monday. Equity Residential has a 1 year low of $57.57 and a 1 year high of $70.31. The firm has a fifty day moving average price of $62.80 and a 200-day moving average price of $62.16. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.18 and a quick ratio of 0.18. The company has a market cap of $24.53 billion, a price-to-earnings ratio of 26.19, a PEG ratio of 5.19 and a beta of 0.75.

Equity Residential (NYSE:EQR) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share (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 business had revenue of $779.85 million for the quarter, compared to the consensus estimate of $781.79 million. During the same period in the previous year, the firm earned $0.95 EPS. The company’s 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, equities analysts predict that Equity Residential will post 4.09 earnings per share for the current year.

Equity Residential Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 30th were given a dividend of $0.7025 per share. This represents a $2.81 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, March 30th. This is a positive change from Equity Residential’s previous quarterly dividend of $0.69. Equity Residential’s payout ratio is presently 112.40%.

Wall Street Analyst Weigh In

EQR has been the subject of a number of recent analyst reports. Barclays boosted their price objective on shares of Equity Residential from $75.00 to $76.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Stifel Nicolaus boosted their price objective on shares of Equity Residential from $78.25 to $79.00 and gave the stock a “buy” rating in a report on Wednesday. Wells Fargo & Company boosted their price objective on shares of Equity Residential from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Bank of America upgraded shares of Equity Residential from a “neutral” rating to a “buy” rating and set a $76.00 price objective for the company in a report on Wednesday, May 27th. Finally, Piper Sandler restated a “neutral” rating and issued a $72.00 price objective (down from $78.00) on shares of Equity Residential in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Equity Residential has an average rating of “Moderate Buy” and an average price target of $69.90.

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.