APG Asset Management US Inc. Has $727.29 Million Position in Equity Residential $EQR

APG Asset Management US Inc. lowered its holdings in Equity Residential (NYSE:EQR) by 0.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,346,098 shares of the real estate investment trust’s stock after selling 84,541 shares during the quarter. Equity Residential accounts for about 5.4% of APG Asset Management US Inc.’s investment portfolio, making the stock its 5th biggest holding. APG Asset Management US Inc. owned 2.98% of Equity Residential worth $727,285,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of EQR. Rafferty Asset Management LLC increased its holdings in Equity Residential by 7.8% in the 3rd quarter. Rafferty Asset Management LLC now owns 46,738 shares of the real estate investment trust’s stock worth $3,025,000 after buying an additional 3,396 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Equity Residential by 2.8% during the 3rd quarter. American Century Companies Inc. now owns 2,826,873 shares of the real estate investment trust’s stock valued at $182,984,000 after acquiring an additional 77,511 shares during the last quarter. DNB Asset Management AS grew its stake in shares of Equity Residential by 5.2% in the third quarter. DNB Asset Management AS now owns 70,615 shares of the real estate investment trust’s stock worth $4,571,000 after acquiring an additional 3,490 shares during the period. Westpac Banking Corp raised its holdings in shares of Equity Residential by 139.0% during the third quarter. Westpac Banking Corp now owns 110,860 shares of the real estate investment trust’s stock valued at $7,176,000 after purchasing an additional 64,467 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Equity Residential by 6.3% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 960,668 shares of the real estate investment trust’s stock valued at $62,184,000 after purchasing an additional 57,296 shares during the last quarter. 92.68% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Robert Garechana sold 3,637 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were 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 of the company’s stock, valued at approximately $1,220,536.20. The trade was a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Michael L. Manelis sold 5,765 shares of the firm’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total transaction of $375,474.45. Following the transaction, the chief operating officer directly owned 46,131 shares of the company’s stock, valued at $3,004,512.03. The trade was a 11.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 10,058 shares of company stock worth $655,078 in the last three months. 1.10% of the stock is owned by company insiders.

Equity Residential Stock Down 1.5%

EQR opened at $63.19 on Friday. The stock has a market cap of $23.86 billion, a price-to-earnings ratio of 21.57, a price-to-earnings-growth ratio of 4.75 and a beta of 0.76. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.31 and a current ratio of 0.31. The firm’s fifty day moving average is $62.52 and its 200 day moving average is $62.59. Equity Residential has a fifty-two week low of $58.38 and a fifty-two week high of $75.86.

Equity Residential (NYSE:EQR) last posted its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 EPS 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 the consensus estimate of $786.35 million. During the same period in the prior year, the business earned $1.00 earnings per share. Equity Residential’s revenue was up 2.0% compared to the same quarter last year. 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. On average, sell-side analysts forecast that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Dividend Announcement

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

Wall Street Analysts Forecast Growth

EQR has been the topic of several research reports. Royal Bank Of Canada dropped their target price on shares of Equity Residential from $70.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, January 15th. BMO Capital Markets downgraded Equity Residential from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $70.00 to $68.00 in a research note on Friday, January 9th. Piper Sandler set a $78.00 price objective on Equity Residential in a research report on Tuesday, January 27th. Mizuho dropped their target price on Equity Residential from $66.00 to $65.00 and set a “neutral” rating on the stock in a research report on Monday, November 24th. Finally, Scotiabank cut their price target on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 4th. Six investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, Equity Residential presently 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.