Eaton Vance Management boosted its holdings in Education Realty Trust Inc. (NYSE:EDR) by 63.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 220,846 shares of the real estate investment trust’s stock after acquiring an additional 85,417 shares during the quarter. Eaton Vance Management owned 0.30% of Education Realty Trust worth $8,558,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its position in Education Realty Trust by 10.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,697 shares of the real estate investment trust’s stock valued at $110,000 after acquiring an additional 246 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Education Realty Trust by 11.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,440 shares of the real estate investment trust’s stock valued at $181,000 after acquiring an additional 470 shares in the last quarter. Keybank National Association OH lifted its position in Education Realty Trust by 4.1% in the 1st quarter. Keybank National Association OH now owns 5,947 shares of the real estate investment trust’s stock valued at $243,000 after acquiring an additional 235 shares in the last quarter. GAM Holding AG lifted its position in Education Realty Trust by 5.0% in the 2nd quarter. GAM Holding AG now owns 6,360 shares of the real estate investment trust’s stock valued at $246,000 after acquiring an additional 300 shares in the last quarter. Finally, Dubuque Bank & Trust Co. lifted its position in Education Realty Trust by 22.5% in the 2nd quarter. Dubuque Bank & Trust Co. now owns 6,379 shares of the real estate investment trust’s stock valued at $247,000 after acquiring an additional 1,173 shares in the last quarter.

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In related news, VP Edwin B. Brewer, Jr. acquired 1,000 shares of the company’s stock in a transaction dated Thursday, August 3rd. The shares were purchased at an average cost of $37.50 per share, with a total value of $37,500.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Wendell W. Weakley acquired 750 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The shares were bought at an average cost of $38.65 per share, for a total transaction of $28,987.50. The disclosure for this purchase can be found here. Insiders have bought 2,550 shares of company stock worth $96,496 over the last three months. Corporate insiders own 0.50% of the company’s stock.

EDR has been the topic of several analyst reports. FBR & Co reaffirmed a “buy” rating on shares of Education Realty Trust in a research report on Thursday, June 22nd. BidaskClub raised Education Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, June 16th. KeyCorp reaffirmed a “buy” rating and issued a $47.00 price objective on shares of Education Realty Trust in a research report on Wednesday, September 6th. Goldman Sachs Group, Inc. (The) raised Education Realty Trust from a “neutral” rating to a “buy” rating and upped their price objective for the company from $40.00 to $42.00 in a research report on Thursday, August 10th. Finally, TheStreet cut Education Realty Trust from a “b” rating to a “c+” rating in a research report on Monday, July 31st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. Education Realty Trust currently has an average rating of “Hold” and a consensus target price of $44.67.

Education Realty Trust Inc. (NYSE EDR) opened at 39.05 on Wednesday. The company has a market capitalization of $2.86 billion, a PE ratio of 90.81 and a beta of 0.44. The stock’s 50 day moving average price is $38.34 and its 200 day moving average price is $39.11. Education Realty Trust Inc. has a 12-month low of $36.98 and a 12-month high of $45.03.

Education Realty Trust (NYSE:EDR) last announced its quarterly earnings data on Monday, July 31st. The real estate investment trust reported $0.42 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.42. The firm had revenue of $74.04 million for the quarter, compared to analyst estimates of $69.40 million. Education Realty Trust had a net margin of 10.58% and a return on equity of 1.83%. The business’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 earnings per share. On average, equities analysts anticipate that Education Realty Trust Inc. will post $0.53 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Monday, July 31st were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Thursday, July 27th. This is a positive change from Education Realty Trust’s previous quarterly dividend of $0.38. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.99%. Education Realty Trust’s payout ratio is 371.44%.

Education Realty Trust Company Profile

Education Realty Trust, Inc (EdR) is a self-managed and self-advised real estate investment trust (REIT). The Trust is engaged in developing, acquiring, owning and managing collegiate housing communities located near university campuses. The Trust operates through three segments: collegiate housing leasing, development consulting services and management services.

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Institutional Ownership by Quarter for Education Realty Trust (NYSE:EDR)

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