Equity Residential $EQR Shares Sold by Deutsche Bank AG

Deutsche Bank AG decreased its stake in Equity Residential (NYSE:EQR) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,246,675 shares of the real estate investment trust’s stock after selling 116,628 shares during the period. Deutsche Bank AG owned approximately 1.12% of Equity Residential worth $267,710,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Equity Residential by 2.3% in 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 period. Aberdeen Group plc lifted its stake in shares of Equity Residential by 34.6% in the third quarter. Aberdeen Group plc now owns 568,408 shares of the real estate investment trust’s stock valued at $36,446,000 after purchasing an additional 146,148 shares during the period. CIBC Bancorp USA Inc. acquired a new position in Equity Residential during the third quarter worth about $9,094,000. Caprock Group LLC acquired a new position in Equity Residential during the third quarter worth about $4,232,000. Finally, Pensionfund Sabic acquired a new position in Equity Residential during the fourth quarter worth about $1,567,000. Institutional investors and hedge funds own 92.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on EQR. UBS Group lifted their target price on shares of Equity Residential from $71.00 to $73.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Mizuho lifted their target price on shares of Equity Residential from $66.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday. Jefferies Financial Group cut their target price on shares of Equity Residential from $65.00 to $64.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. Nordea Equity Research upgraded shares of Equity Residential to a “buy” rating in a research report on Wednesday, May 27th. Finally, The Goldman Sachs Group cut their target price on shares of Equity Residential from $71.00 to $69.00 and set a “neutral” rating for the company in a research report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, Equity Residential currently has a consensus rating of “Hold” and a consensus price target of $70.55.

Equity Residential Stock Performance

Shares of NYSE EQR opened at $67.57 on Thursday. The company has a market cap of $25.32 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 5.39 and a beta of 0.75. Equity Residential has a 12 month low of $57.57 and a 12 month high of $70.21. 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 50-day simple moving average of $64.15 and a 200-day simple moving average of $62.59.

Equity Residential (NYSE:EQR) last issued 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). The firm 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% compared to the same quarter last year. During the same quarter last year, the firm earned $0.95 earnings per share. 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. On average, equities analysts anticipate that Equity Residential will post 4.09 earnings per share for the current year.

Equity Residential Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 30th were issued a $0.7025 dividend. The ex-dividend date was Monday, March 30th. This is a positive change from Equity Residential’s previous quarterly dividend of $0.69. This represents a $2.81 dividend on an annualized basis and a yield of 4.2%. Equity Residential’s 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.