Equity Residential $EQR Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lowered its holdings in Equity Residential (NYSE:EQR) by 36.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,257 shares of the real estate investment trust’s stock after selling 44,682 shares during the period. Voya Investment Management LLC’s holdings in Equity Residential were worth $5,130,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Czech National Bank raised its position in Equity Residential by 5.6% in the third quarter. Czech National Bank now owns 88,264 shares of the real estate investment trust’s stock valued at $5,713,000 after purchasing an additional 4,680 shares during the period. Osaic Holdings Inc. lifted its position in Equity Residential by 15.3% during the 2nd quarter. Osaic Holdings Inc. now owns 21,004 shares of the real estate investment trust’s stock worth $1,421,000 after acquiring an additional 2,795 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in Equity Residential by 69.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 81,196 shares of the real estate investment trust’s stock worth $5,480,000 after acquiring an additional 33,286 shares during the period. State of Wyoming grew its position in Equity Residential by 119.0% in the second quarter. State of Wyoming now owns 5,686 shares of the real estate investment trust’s stock valued at $384,000 after acquiring an additional 3,090 shares in the last quarter. Finally, Carronade Capital Management LP raised its stake in shares of Equity Residential by 5.9% during the second quarter. Carronade Capital Management LP now owns 152,549 shares of the real estate investment trust’s stock valued at $10,296,000 after purchasing an additional 8,548 shares during the period. Hedge funds and other institutional investors own 92.68% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on EQR shares. BMO Capital Markets cut their price objective on shares of Equity Residential from $75.00 to $70.00 and set an “outperform” rating on the stock in a report on Monday, November 17th. BNP Paribas Exane cut Equity Residential from an “outperform” rating to a “neutral” rating in a research note on Monday, September 29th. Royal Bank Of Canada reduced their price target on Equity Residential from $72.00 to $70.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. JPMorgan Chase & Co. cut their target price on Equity Residential from $75.00 to $71.00 and set a “neutral” rating on the stock in a research report on Thursday, December 4th. Finally, Wall Street Zen raised shares of Equity Residential from a “sell” rating to a “hold” rating in a research report on Monday, November 3rd. Eight research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $70.02.

Equity Residential Stock Up 0.6%

EQR stock opened at $62.73 on Friday. The firm has a market cap of $23.87 billion, a price-to-earnings ratio of 20.70, a PEG ratio of 3.34 and a beta of 0.75. Equity Residential has a 1-year low of $58.38 and a 1-year high of $75.86. The firm has a fifty day moving average price of $60.96 and a two-hundred day moving average price of $63.96. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.45 and a quick ratio of 0.45.

Equity Residential (NYSE:EQR) last issued its earnings results on Tuesday, October 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.02. The firm had revenue of $782.41 million for the quarter, compared to analysts’ expectations of $779.68 million. Equity Residential had a net margin of 37.58% and a return on equity of 10.30%. During the same quarter last year, the company posted $0.98 earnings per share. 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. Research analysts predict that Equity Residential will post 3.98 EPS for the current year.

Equity Residential Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be issued a $0.6925 dividend. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, January 2nd. Equity Residential’s dividend payout ratio (DPR) is 91.42%.

About Equity Residential

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.