Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Education Realty Trust Inc. (NYSE:EDR) by 10.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,917 shares of the real estate investment trust’s stock after purchasing an additional 477 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Education Realty Trust were worth $191,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its stake in Education Realty Trust by 10.0% in the first quarter. PNC Financial Services Group Inc. now owns 2,697 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 246 shares during the last quarter. Keybank National Association OH lifted its stake in Education Realty Trust by 4.1% in the first quarter. Keybank National Association OH now owns 5,947 shares of the real estate investment trust’s stock valued at $243,000 after purchasing an additional 235 shares during the last quarter. Anchor Capital Advisors LLC lifted its stake in Education Realty Trust by 2.5% in the first quarter. Anchor Capital Advisors LLC now owns 6,210 shares of the real estate investment trust’s stock valued at $254,000 after purchasing an additional 150 shares during the last quarter. LS Investment Advisors LLC lifted its stake in Education Realty Trust by 25.7% in the first quarter. LS Investment Advisors LLC now owns 6,281 shares of the real estate investment trust’s stock valued at $257,000 after purchasing an additional 1,285 shares during the last quarter. Finally, GAM Holding AG lifted its stake in Education Realty Trust by 5.0% in the second quarter. GAM Holding AG now owns 6,360 shares of the real estate investment trust’s stock valued at $246,000 after purchasing an additional 300 shares during the last quarter.

Several equities analysts recently commented on the company. TheStreet downgraded Education Realty Trust from a “b” rating to a “c+” rating in a research note on Monday, July 31st. FBR & Co reiterated a “buy” rating on shares of Education Realty Trust in a research note on Thursday, June 22nd. Bank of America Corporation downgraded Education Realty Trust from a “buy” rating to a “neutral” rating in a research note on Friday, June 30th. BidaskClub upgraded Education Realty Trust from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Finally, Sandler O’Neill downgraded Education Realty Trust from a “buy” rating to a “hold” rating and dropped their price objective for the company from $47.00 to $40.00 in a research note on Monday, July 31st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $44.67.

Shares of Education Realty Trust Inc. (NYSE:EDR) opened at 39.77 on Friday. Education Realty Trust Inc. has a 52-week low of $36.98 and a 52-week high of $45.03. The firm’s 50 day moving average price is $38.39 and its 200 day moving average price is $39.07. The stock has a market cap of $2.91 billion, a P/E ratio of 92.49 and a beta of 0.44.

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

In other Education Realty Trust news, Director Wendell W. Weakley acquired 750 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The stock was purchased at an average price of $38.65 per share, with a total value of $28,987.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director John T. Thomas acquired 800 shares of the business’s stock in a transaction dated Thursday, August 3rd. The shares were acquired at an average cost of $37.51 per share, with a total value of $30,008.00. Following the transaction, the director now owns 3,299 shares in the company, valued at $123,745.49. The disclosure for this purchase can be found here. In the last three months, insiders have bought 2,550 shares of company stock valued at $96,496. Insiders own 0.50% of the company’s stock.

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Education Realty Trust 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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