Eurizon Capital SGR S.p.A. Acquires Shares of 68,055 Equity Residential $EQR

Eurizon Capital SGR S.p.A. acquired a new stake in shares of Equity Residential (NYSE:EQR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 68,055 shares of the real estate investment trust’s stock, valued at approximately $4,294,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Collier Financial purchased a new position in shares of Equity Residential during the 3rd quarter worth approximately $26,000. Fulcrum Asset Management LLP purchased a new position in shares of Equity Residential during the 3rd quarter worth approximately $27,000. Rosenberg Matthew Hamilton raised 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 buying an additional 180 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in shares of Equity Residential during the 3rd quarter worth approximately $31,000. Finally, Hantz Financial Services Inc. raised 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 buying an additional 439 shares in the last quarter. 92.68% of the stock is owned by hedge funds and other institutional investors.

Equity Residential Stock Performance

NYSE EQR opened at $65.92 on Tuesday. 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 business has a 50 day moving average price of $62.93 and a 200 day moving average price of $62.20. The company has a market capitalization of $24.70 billion, a P/E ratio of 26.37, a PEG ratio of 5.19 and a beta of 0.75. Equity Residential has a 1-year low of $57.57 and a 1-year high of $70.21.

Equity Residential (NYSE:EQR) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.09). The company had revenue of $779.85 million for the quarter, compared to analysts’ expectations of $781.79 million. Equity Residential had a return on equity of 8.57% and a net margin of 30.63%.The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.95 EPS. 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. Sell-side analysts expect 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 dividend of $0.7025 per share. 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. This represents a $2.81 annualized dividend and a yield of 4.3%. Equity Residential’s dividend payout ratio (DPR) is 112.40%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group cut their target price on Equity Residential from $71.00 to $69.00 and set a “neutral” rating for the company in a research note on Thursday, April 16th. Cantor Fitzgerald increased their target price on Equity Residential from $64.00 to $66.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. UBS Group increased their target price on Equity Residential from $71.00 to $73.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Jefferies Financial Group cut their target price on Equity Residential from $65.00 to $64.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Equity Residential in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, Equity Residential has a consensus rating of “Moderate Buy” and an average price target of $69.90.

Equity Residential Company 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.