Hsbc Holdings PLC Increases Stock Position in Equity Residential $EQR

Hsbc Holdings PLC raised its stake in shares of Equity Residential (NYSE:EQR) by 26.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,475,500 shares of the real estate investment trust’s stock after acquiring an additional 310,859 shares during the period. Hsbc Holdings PLC’s holdings in Equity Residential were worth $93,079,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EQR. Norges Bank purchased a new stake in Equity Residential in the fourth quarter valued at approximately $2,201,674,000. Cohen & Steers Inc. lifted its stake in Equity Residential by 227.7% during the fourth quarter. Cohen & Steers Inc. now owns 7,405,502 shares of the real estate investment trust’s stock worth $466,869,000 after purchasing an additional 5,145,442 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Equity Residential by 876.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,500,885 shares of the real estate investment trust’s stock worth $291,342,000 after buying an additional 4,039,752 shares during the period. Wellington Management Group LLP boosted its position in shares of Equity Residential by 797.2% during the third quarter. Wellington Management Group LLP now owns 2,085,406 shares of the real estate investment trust’s stock worth $134,988,000 after buying an additional 1,852,970 shares during the period. Finally, Alyeska Investment Group L.P. grew its stake in shares of Equity Residential by 353.5% in the third quarter. Alyeska Investment Group L.P. now owns 2,002,892 shares of the real estate investment trust’s stock valued at $129,647,000 after buying an additional 1,561,241 shares in the last quarter. 92.68% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on EQR shares. Mizuho boosted their price objective on Equity Residential from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, June 10th. Piper Sandler reaffirmed a “neutral” rating and issued a $72.00 target price (down from $78.00) on shares of Equity Residential in a research report on Friday, May 29th. Barclays boosted their price target on shares of Equity Residential from $75.00 to $76.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Cantor Fitzgerald increased their price target on shares of Equity Residential from $64.00 to $66.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Finally, Wall Street Zen lowered shares of Equity Residential from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. One 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. According to MarketBeat.com, Equity Residential presently has an average rating of “Hold” and a consensus target price of $70.65.

Equity Residential Price Performance

EQR stock opened at $69.75 on Friday. The business’s 50-day moving average is $66.15 and its two-hundred day moving average is $63.26. 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 firm has a market capitalization of $26.13 billion, a P/E ratio of 27.90, a P/E/G ratio of 5.54 and a beta of 0.74. Equity Residential has a 1 year low of $57.57 and a 1 year high of $69.83.

Equity Residential (NYSE:EQR) last announced its quarterly earnings data 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 return on equity of 8.57% and a net margin of 30.63%.The company had revenue of $779.85 million for the quarter, compared to analyst estimates of $781.79 million. During the same period in the prior year, the firm posted $0.95 earnings per share. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. 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. Analysts anticipate that Equity Residential will post 4.09 earnings per share for the current fiscal year.

Equity Residential Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 29th will be issued a dividend of $0.7025 per share. This represents a $2.81 annualized dividend and a yield of 4.0%. The ex-dividend date is Monday, June 29th. Equity Residential’s payout ratio is 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.