Campbell & CO Investment Adviser LLC Buys New Position in Equity Residential $EQR

Campbell & CO Investment Adviser LLC bought a new stake in shares of Equity Residential (NYSE:EQR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,291 shares of the real estate investment trust’s stock, valued at approximately $731,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EQR. Knights of Columbus Asset Advisors LLC acquired a new position in shares of Equity Residential during the second quarter worth approximately $2,860,000. Aberdeen Group plc grew its position in Equity Residential by 9.3% in the 2nd quarter. Aberdeen Group plc now owns 422,260 shares of the real estate investment trust’s stock valued at $28,498,000 after purchasing an additional 36,047 shares during the period. Andra AP fonden increased its stake in Equity Residential by 30.3% during the 2nd quarter. Andra AP fonden now owns 187,100 shares of the real estate investment trust’s stock valued at $12,627,000 after purchasing an additional 43,500 shares in the last quarter. Asset Management One Co. Ltd. increased its stake in Equity Residential by 2.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 707,822 shares of the real estate investment trust’s stock valued at $45,817,000 after purchasing an additional 17,287 shares in the last quarter. Finally, Aew Capital Management L P raised its holdings in Equity Residential by 3.8% during the second quarter. Aew Capital Management L P now owns 391,301 shares of the real estate investment trust’s stock worth $26,409,000 after buying an additional 14,310 shares during the last quarter. Institutional investors and hedge funds own 92.68% of the company’s stock.

Equity Residential Trading Down 1.7%

NYSE:EQR opened at $61.00 on Wednesday. Equity Residential has a 52 week low of $58.38 and a 52 week high of $75.86. The firm has a 50-day moving average price of $61.29 and a two-hundred day moving average price of $63.11. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.45 and a current ratio of 0.45. The firm has a market cap of $23.21 billion, a price-to-earnings ratio of 20.13, a price-to-earnings-growth ratio of 3.14 and a beta of 0.75.

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 and its FY 2025 guidance at 3.980-4.020 EPS. On average, equities analysts expect that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were paid 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 was Friday, January 2nd. Equity Residential’s payout ratio is presently 91.42%.

Wall Street Analyst Weigh In

EQR has been the subject of a number of analyst reports. Truist Financial reduced their price objective on shares of Equity Residential from $75.00 to $70.00 and set a “buy” rating for the company in a report on Monday, November 17th. Jefferies Financial Group dropped their price target on shares of Equity Residential from $68.00 to $65.00 and set a “hold” rating on the stock in a research report on Tuesday, November 11th. BMO Capital Markets downgraded Equity Residential from an “outperform” rating to a “market perform” rating and cut their price target for the company from $70.00 to $68.00 in a research note on Friday, January 9th. BNP Paribas downgraded Equity Residential from an “outperform” rating to a “hold” rating in a research note on Monday, September 29th. Finally, Morgan Stanley dropped their target price on Equity Residential from $75.00 to $73.50 and set an “equal weight” rating on the stock in a report on Thursday, November 13th. Seven equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $69.54.

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.