Transamerica Financial Advisors LLC Has $300,000 Stock Holdings in Equity Residential $EQR

Transamerica Financial Advisors LLC increased its holdings in Equity Residential (NYSE:EQR) by 9.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,187 shares of the real estate investment trust’s stock after purchasing an additional 360 shares during the period. Transamerica Financial Advisors LLC’s holdings in Equity Residential were worth $300,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Versant Capital Management Inc boosted its holdings in Equity Residential by 51.6% in the first quarter. Versant Capital Management Inc now owns 461 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 157 shares in the last quarter. GKV Capital Management Co. Inc. bought a new stake in Equity Residential in the first quarter worth $37,000. Keystone Global Partners LLC bought a new stake in Equity Residential in the first quarter worth $47,000. Zions Bancorporation National Association UT bought a new stake in Equity Residential in the first quarter worth $48,000. Finally, Kapitalo Investimentos Ltda bought a new stake in Equity Residential in the fourth quarter worth $51,000. 92.68% of the stock is currently owned by institutional investors.

Equity Residential Stock Up 1.1%

NYSE EQR opened at $65.18 on Thursday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.17 and a current ratio of 0.17. The firm has a 50-day simple moving average of $65.80 and a 200 day simple moving average of $68.35. Equity Residential has a twelve month low of $59.41 and a twelve month high of $78.83. The stock has a market cap of $24.89 billion, a PE ratio of 24.59, a PEG ratio of 3.27 and a beta of 0.92.

Equity Residential (NYSE:EQR) last released its earnings results on Monday, August 4th. The real estate investment trust reported $0.99 earnings per share for the quarter, meeting the consensus estimate of $0.99. Equity Residential had a net margin of 33.22% and a return on equity of 9.05%. The business had revenue of $768.83 million during the quarter, compared to analysts’ expectations of $770.60 million. During the same quarter last year, the company earned $0.97 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. Equity Residential has set its FY 2025 guidance at 3.970-4.030 EPS. Q3 2025 guidance at 0.990-1.030 EPS. On average, research analysts forecast that Equity Residential will post 3.98 EPS for the current year.

Equity Residential Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Tuesday, June 24th were issued a dividend of $0.6925 per share. The ex-dividend date of this dividend was Tuesday, June 24th. This represents a $2.77 annualized dividend and a dividend yield of 4.3%. Equity Residential’s dividend payout ratio (DPR) is presently 104.53%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on EQR shares. Wall Street Zen cut shares of Equity Residential from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Morgan Stanley decreased their price objective on shares of Equity Residential from $76.50 to $75.00 and set an “equal weight” rating for the company in a report on Wednesday, August 13th. Barclays decreased their price objective on shares of Equity Residential from $83.00 to $81.00 and set an “overweight” rating for the company in a report on Tuesday, August 12th. Wells Fargo & Company decreased their price target on shares of Equity Residential from $75.00 to $68.00 and set an “equal weight” rating for the company in a report on Wednesday. Finally, Scotiabank decreased their price target on shares of Equity Residential from $78.00 to $77.00 and set a “sector perform” rating for the company in a report on Thursday, August 14th. Eight investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $77.34.

Equity Residential Company Profile

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.