Equity Residential $EQR Shares Purchased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. boosted its holdings in shares of Equity Residential (NYSE:EQR) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 640,192 shares of the real estate investment trust’s stock after acquiring an additional 13,420 shares during the period. Nomura Asset Management Co. Ltd. owned about 0.17% of Equity Residential worth $40,358,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EQR. Vanguard Group Inc. grew its holdings in shares of Equity Residential by 2.3% during the third quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock worth $3,728,296,000 after buying an additional 1,281,354 shares in the last quarter. Aberdeen Group plc grew its holdings in shares of Equity Residential by 34.6% during the third quarter. Aberdeen Group plc now owns 568,408 shares of the real estate investment trust’s stock worth $36,446,000 after buying an additional 146,148 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of Equity Residential during the third quarter worth about $9,094,000. National Pension Service grew its holdings in shares of Equity Residential by 4.6% during the third quarter. National Pension Service now owns 605,494 shares of the real estate investment trust’s stock worth $39,194,000 after buying an additional 26,590 shares in the last quarter. Finally, Caprock Group LLC purchased a new stake in shares of Equity Residential during the third quarter worth about $4,232,000. Institutional investors and hedge funds own 92.68% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Evercore boosted their target price on shares of Equity Residential from $67.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Piper Sandler restated a “neutral” rating and issued a $72.00 target price (down from $78.00) on shares of Equity Residential in a report on Friday. Wall Street Zen downgraded shares of Equity Residential from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Jefferies Financial Group lowered their target price on shares of Equity Residential from $65.00 to $64.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Finally, Scotiabank boosted their target price on shares of Equity Residential from $66.00 to $67.00 and gave the company a “sector perform” rating in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.90.

Equity Residential Trading Up 0.0%

EQR opened at $65.48 on Monday. The stock has a market capitalization of $24.53 billion, a PE ratio of 26.19, a P/E/G ratio of 5.19 and a beta of 0.75. The firm’s fifty day moving average price is $62.80 and its 200 day moving average price is $62.16. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.18 and a quick ratio of 0.18. Equity Residential has a 12-month low of $57.57 and a 12-month high of $70.31.

Equity Residential (NYSE:EQR) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.09). Equity Residential had a net margin of 30.63% and a return on equity of 8.57%. The business had revenue of $779.85 million for the quarter, compared to the consensus estimate of $781.79 million. During the same quarter in the previous year, the firm earned $0.95 EPS. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. 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. As a group, research analysts expect that Equity Residential will post 4.09 EPS for the current fiscal year.

Equity Residential Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 30th were issued a $0.7025 dividend. This is a boost from Equity Residential’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Monday, March 30th. This represents a $2.81 dividend on an annualized basis and a dividend yield of 4.3%. Equity Residential’s dividend 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.