Equity Residential $EQR Shares Acquired by Citigroup Inc.

Citigroup Inc. increased its stake in shares of Equity Residential (NYSE:EQR) by 3.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 504,410 shares of the real estate investment trust’s stock after buying an additional 18,444 shares during the quarter. Citigroup Inc. owned about 0.13% of Equity Residential worth $32,650,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Rothschild Investment LLC grew its position in shares of Equity Residential by 6.8% during the second quarter. Rothschild Investment LLC now owns 2,841 shares of the real estate investment trust’s stock worth $192,000 after acquiring an additional 182 shares during the last quarter. Cetera Investment Advisers grew its position in Equity Residential by 0.4% in the 2nd quarter. Cetera Investment Advisers now owns 48,030 shares of the real estate investment trust’s stock worth $3,242,000 after purchasing an additional 183 shares during the last quarter. CX Institutional increased its stake in shares of Equity Residential by 6.1% in the third quarter. CX Institutional now owns 3,274 shares of the real estate investment trust’s stock valued at $212,000 after purchasing an additional 189 shares during the period. Summitry LLC increased its stake in shares of Equity Residential by 6.3% in the third quarter. Summitry LLC now owns 3,193 shares of the real estate investment trust’s stock valued at $207,000 after purchasing an additional 189 shares during the period. Finally, Louisiana State Employees Retirement System raised its holdings in shares of Equity Residential by 1.1% during the third quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the real estate investment trust’s stock valued at $1,178,000 after buying an additional 200 shares during the last quarter. 92.68% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Catherine Carraway sold 656 shares of Equity Residential stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $42,725.28. Following the transaction, the executive vice president owned 18,339 shares of the company’s stock, valued at approximately $1,194,419.07. This trade represents a 3.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Robert Garechana sold 3,637 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $236,877.81. Following the sale, the executive vice president owned 18,740 shares in the company, valued at approximately $1,220,536.20. The trade was a 16.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 10,058 shares of company stock worth $655,078 in the last three months. 1.10% of the stock is currently owned by insiders.

Equity Residential Price Performance

NYSE:EQR opened at $63.44 on Thursday. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.73. The business’s 50-day moving average price is $62.45 and its 200 day moving average price is $62.57. Equity Residential has a 52-week low of $58.38 and a 52-week high of $75.86. The firm has a market cap of $23.95 billion, a P/E ratio of 21.65, a PEG ratio of 4.78 and a beta of 0.76.

Equity Residential (NYSE:EQR) last announced its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.01). Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The business had revenue of $781.91 million during the quarter, compared to analyst estimates of $786.35 million. During the same period in the prior year, the firm earned $1.00 EPS. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. As a group, sell-side analysts predict that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $2.77 annualized dividend and a dividend yield of 4.4%. Equity Residential’s dividend payout ratio (DPR) is currently 94.54%.

Analyst Ratings Changes

Several analysts recently commented on the company. Evercore raised their target price on Equity Residential from $68.00 to $69.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Cantor Fitzgerald raised their price target on Equity Residential from $61.00 to $64.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Stifel Nicolaus set a $78.50 price objective on shares of Equity Residential in a report on Friday, February 6th. The Goldman Sachs Group increased their target price on shares of Equity Residential from $69.00 to $71.00 and gave the company a “neutral” rating in a research report on Thursday, February 12th. Finally, Barclays restated an “overweight” rating and set a $78.00 price target on shares of Equity Residential in a research report on Tuesday, January 13th. Six research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $69.78.

Equity Residential Company 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.