Equity Residential $EQR Shares Sold by Sarasin & Partners LLP

Sarasin & Partners LLP trimmed its stake in Equity Residential (NYSE:EQR) by 65.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 32,408 shares of the real estate investment trust’s stock after selling 60,094 shares during the quarter. Sarasin & Partners LLP’s holdings in Equity Residential were worth $2,078,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. CVA Family Office LLC increased its holdings in shares of Equity Residential by 425.3% in the 2nd quarter. CVA Family Office LLC now owns 415 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 336 shares during the period. GKV Capital Management Co. Inc. acquired a new stake in shares of Equity Residential in the first quarter valued at approximately $37,000. FNY Investment Advisers LLC raised its holdings in shares of Equity Residential by 1,000.0% during the second quarter. FNY Investment Advisers LLC now owns 660 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 600 shares during the last quarter. Beaird Harris Wealth Management LLC acquired a new position in shares of Equity Residential during the first quarter worth approximately $56,000. Finally, CYBER HORNET ETFs LLC bought a new position in Equity Residential in the 2nd quarter worth approximately $61,000. Institutional investors own 92.68% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on EQR shares. Truist Financial cut their target price on Equity Residential from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Monday, November 17th. Wall Street Zen upgraded shares of Equity Residential from a “sell” rating to a “hold” rating in a research note on Monday, November 3rd. Jefferies Financial Group reduced their price objective on shares of Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a report on Tuesday, November 11th. BMO Capital Markets lowered their target price on shares of Equity Residential from $75.00 to $70.00 and set an “outperform” rating on the stock in a research note on Monday, November 17th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Equity Residential from $75.00 to $71.00 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Eight investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $70.02.

Equity Residential Price Performance

NYSE:EQR opened at $61.47 on Friday. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.75. The business’s 50-day moving average price is $60.92 and its 200 day moving average price is $64.10. Equity Residential has a 52-week low of $58.38 and a 52-week high of $75.86. The firm has a market cap of $23.39 billion, a P/E ratio of 20.29, a PEG ratio of 3.27 and a beta of 0.75.

Equity Residential (NYSE:EQR) last posted its quarterly earnings data on Tuesday, October 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, meeting the consensus estimate of $1.02. Equity Residential had a net margin of 37.58% and a return on equity of 10.30%. The company had revenue of $782.41 million during the quarter, compared to analyst estimates of $779.68 million. During the same quarter last year, the firm posted $0.98 EPS. Equity Residential has set its Q4 2025 guidance at 1.020-1.060 EPS and its FY 2025 guidance at 3.980-4.020 EPS. As a group, sell-side analysts predict that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be given a dividend of $0.6925 per share. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, January 2nd. Equity Residential’s dividend payout ratio is 91.42%.

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.