Equity Residential $EQR Shares Sold by Centersquare Investment Management LLC

Centersquare Investment Management LLC reduced its holdings in Equity Residential (NYSE:EQR) by 35.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,686,937 shares of the real estate investment trust’s stock after selling 1,450,681 shares during the quarter. Equity Residential comprises 1.7% of Centersquare Investment Management LLC’s investment portfolio, making the stock its 20th biggest holding. Centersquare Investment Management LLC owned 0.71% of Equity Residential worth $173,925,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of EQR. Empowered Funds LLC lifted its holdings in Equity Residential by 3.1% in the first quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust’s stock valued at $536,000 after acquiring an additional 226 shares during the period. Focus Partners Advisor Solutions LLC purchased a new stake in Equity Residential in the 2nd quarter worth approximately $244,000. Envestnet Asset Management Inc. raised its holdings in Equity Residential by 21.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 143,307 shares of the real estate investment trust’s stock valued at $9,672,000 after acquiring an additional 24,984 shares during the last quarter. Y Intercept Hong Kong Ltd lifted its stake in shares of Equity Residential by 26.8% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 37,474 shares of the real estate investment trust’s stock worth $2,529,000 after purchasing an additional 7,913 shares during the period. Finally, Teacher Retirement System of Texas boosted its holdings in shares of Equity Residential by 4.0% during the second quarter. Teacher Retirement System of Texas now owns 51,896 shares of the real estate investment trust’s stock worth $3,502,000 after purchasing an additional 1,975 shares during the last quarter. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on EQR shares. Mizuho dropped their target price on Equity Residential from $66.00 to $65.00 and set a “neutral” rating for the company in a research note on Monday, November 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Residential in a research note on Thursday, January 22nd. The Goldman Sachs Group increased their price objective on shares of Equity Residential from $69.00 to $71.00 and gave the stock a “neutral” rating in a report on Thursday, February 12th. UBS Group boosted their target price on shares of Equity Residential from $68.00 to $71.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Finally, Piper Sandler set a $78.00 price target on shares of Equity Residential in a research report on Tuesday, January 27th. Six research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $69.78.

Insider Activity at Equity Residential

In other Equity Residential news, EVP Catherine Carraway sold 656 shares of the firm’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 $42,725.28. Following the transaction, the executive vice president directly owned 18,339 shares of the company’s stock, valued at $1,194,419.07. This trade represents a 3.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available 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 transaction, the executive vice president owned 18,740 shares in the company, valued at approximately $1,220,536.20. This represents a 16.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 10,058 shares of company stock worth $655,078. Corporate insiders own 1.10% of the company’s stock.

Equity Residential Stock Down 0.2%

EQR opened at $63.44 on Thursday. The firm has a 50 day moving average price of $62.45 and a 200 day moving average price of $62.57. The company has a market cap of $23.95 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 4.78 and a beta of 0.76. Equity Residential has a 1 year low of $58.38 and a 1 year high of $75.86. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.31 and a current ratio of 0.31.

Equity Residential (NYSE:EQR) last announced its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The business had revenue of $781.91 million for the quarter, compared to analyst estimates of $786.35 million. During the same period last year, the firm earned $1.00 earnings per share. The company’s quarterly revenue 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. Sell-side analysts expect that Equity Residential will post 3.98 earnings per share for the current year.

Equity Residential Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 2nd were given a dividend of $0.6925 per share. This represents a $2.77 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Friday, January 2nd. Equity Residential’s dividend payout ratio is 94.54%.

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.