Forsta AP Fonden Sells 1,200 Shares of Equity Residential $EQR

Forsta AP Fonden lessened its position in Equity Residential (NYSE:EQR) by 0.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 137,800 shares of the real estate investment trust’s stock after selling 1,200 shares during the quarter. Forsta AP Fonden’s holdings in Equity Residential were worth $9,300,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of EQR. CVA Family Office LLC boosted its position in Equity Residential by 425.3% during 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 last quarter. GKV Capital Management Co. Inc. acquired a new stake in shares of Equity Residential in the first quarter valued at approximately $37,000. Keystone Global Partners LLC bought a new stake in shares of Equity Residential in the first quarter worth $47,000. FNY Investment Advisers LLC boosted its holdings in 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 worth $44,000 after purchasing an additional 600 shares during the last quarter. Finally, Zions Bancorporation National Association UT acquired a new position in Equity Residential during the first quarter worth $48,000. Institutional investors own 92.68% of the company’s stock.

Equity Residential Stock Down 0.7%

Equity Residential stock opened at $59.20 on Friday. The firm has a market capitalization of $22.53 billion, a PE ratio of 19.54, a P/E/G ratio of 2.99 and a beta of 0.88. The company’s 50-day moving average is $62.86 and its 200-day moving average is $65.77. Equity Residential has a fifty-two week low of $58.38 and a fifty-two week high of $78.32. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.45 and a quick ratio of 0.17.

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, 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 business had revenue of $782.41 million during the quarter, compared to the consensus estimate of $779.68 million. During the same period last year, the business posted $0.98 EPS. Equity Residential has set its Q4 2025 guidance at 1.020-1.060 EPS. FY 2025 guidance at 3.980-4.020 EPS. Sell-side analysts anticipate that Equity Residential will post 3.98 earnings per share for the current year.

Equity Residential Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Stockholders of record on Thursday, September 25th were given a $0.6925 dividend. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, September 25th. Equity Residential’s dividend payout ratio (DPR) is presently 91.42%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Truist Financial lowered their price target on shares of Equity Residential from $78.00 to $75.00 and set a “buy” rating on the stock in a research note on Friday, August 29th. Barclays decreased their price objective on Equity Residential from $81.00 to $80.00 and set an “overweight” rating for the company in a report on Tuesday, September 30th. Cantor Fitzgerald assumed coverage on Equity Residential in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $70.00 target price on the stock. BNP Paribas Exane lowered Equity Residential from an “outperform” rating to a “neutral” rating in a report on Monday, September 29th. Finally, Wall Street Zen upgraded Equity Residential from a “sell” rating to a “hold” rating in a research note on Monday, November 3rd. Seven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Equity Residential presently has an average rating of “Hold” and an average target price of $71.42.

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.