Andra AP fonden Has $12.63 Million Stock Holdings in Equity Residential $EQR

Andra AP fonden grew its stake in shares of Equity Residential (NYSE:EQR) by 30.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 187,100 shares of the real estate investment trust’s stock after purchasing an additional 43,500 shares during the period. Andra AP fonden’s holdings in Equity Residential were worth $12,627,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in EQR. Vanguard Group Inc. raised its stake in Equity Residential by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 56,000,934 shares of the real estate investment trust’s stock worth $4,008,547,000 after buying an additional 199,943 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Equity Residential by 5.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 20,711,588 shares of the real estate investment trust’s stock valued at $1,482,537,000 after acquiring an additional 1,101,027 shares during the period. Invesco Ltd. increased its holdings in shares of Equity Residential by 1.7% during the first quarter. Invesco Ltd. now owns 6,634,446 shares of the real estate investment trust’s stock valued at $474,894,000 after acquiring an additional 112,004 shares in the last quarter. Resolution Capital Ltd raised its position in shares of Equity Residential by 3.8% during the first quarter. Resolution Capital Ltd now owns 5,077,065 shares of the real estate investment trust’s stock worth $363,416,000 after purchasing an additional 185,876 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Equity Residential by 4.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,696,175 shares of the real estate investment trust’s stock worth $336,152,000 after purchasing an additional 198,344 shares in the last quarter. Institutional investors own 92.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on EQR shares. 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 research note on Wednesday, August 27th. The Goldman Sachs Group reduced their price objective on shares of Equity Residential from $72.00 to $70.00 and set a “neutral” rating for the company in a report on Wednesday, September 17th. Wall Street Zen upgraded shares of Equity Residential from a “sell” rating to a “hold” rating in a report on Monday. Stifel Nicolaus set a $79.75 price target on shares of Equity Residential in a research report on Wednesday, October 29th. Finally, Jefferies Financial Group decreased their price objective on Equity Residential from $70.00 to $68.00 and set a “hold” rating for the company in a report on Monday, October 13th. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, Equity Residential presently has an average rating of “Hold” and an average target price of $72.45.

Equity Residential Trading Down 1.7%

Shares of EQR stock opened at $58.73 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.17 and a current ratio of 0.45. The company has a market capitalization of $22.34 billion, a price-to-earnings ratio of 19.38, a PEG ratio of 2.99 and a beta of 0.88. Equity Residential has a 52-week low of $58.38 and a 52-week high of $78.32. The company has a 50-day simple moving average of $63.42 and a two-hundred day simple moving average of $66.09.

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

Equity Residential Announces Dividend

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

Equity Residential 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.