BlackRock Inc. raised its stake in Education Realty Trust, Inc. (NYSE:EDR) by 1.9% in the second quarter, HoldingsChannel.com reports. The fund owned 10,609,855 shares of the real estate investment trust’s stock after buying an additional 200,128 shares during the quarter. BlackRock Inc. owned 0.13% of Education Realty Trust worth $440,309,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. SG Americas Securities LLC boosted its stake in Education Realty Trust by 218.6% in the second quarter. SG Americas Securities LLC now owns 73,730 shares of the real estate investment trust’s stock valued at $3,060,000 after acquiring an additional 50,591 shares during the period. Aperio Group LLC raised its holdings in shares of Education Realty Trust by 282.7% during the first quarter. Aperio Group LLC now owns 64,718 shares of the real estate investment trust’s stock valued at $2,120,000 after buying an additional 47,807 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Education Realty Trust by 3.6% during the first quarter. Northern Trust Corp now owns 2,215,977 shares of the real estate investment trust’s stock valued at $72,574,000 after buying an additional 77,814 shares during the last quarter. Keeley Teton Advisors LLC raised its holdings in shares of Education Realty Trust by 10.5% during the first quarter. Keeley Teton Advisors LLC now owns 45,371 shares of the real estate investment trust’s stock valued at $1,486,000 after buying an additional 4,320 shares during the last quarter. Finally, Telemus Capital LLC bought a new stake in shares of Education Realty Trust during the second quarter valued at approximately $208,000.

EDR has been the topic of a number of recent analyst reports. Sandler O’Neill cut Education Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, July 12th. Goldman Sachs Group cut Education Realty Trust from a “buy” rating to a “neutral” rating in a report on Wednesday, May 16th. ValuEngine raised Education Realty Trust from a “hold” rating to a “buy” rating in a report on Tuesday, July 10th. Evercore ISI raised Education Realty Trust from an “underperform” rating to an “outperform” rating and set a $42.00 price target on the stock in a report on Sunday, June 3rd. Finally, Robert W. Baird lifted their price target on Education Realty Trust from $36.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, June 26th. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. Education Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $41.93.

EDR opened at $41.41 on Monday. The company has a market cap of $3.34 billion, a PE ratio of 22.14 and a beta of 0.40. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.47. Education Realty Trust, Inc. has a twelve month low of $30.07 and a twelve month high of $43.30.

About Education Realty Trust

A leader in the collegiate housing industry since 1964, EdR is one of the largest developers, owners and managers of high-quality collegiate housing communities. EdR is a self-administered and self-managed real estate investment trust (REIT) publicly traded on the New York Stock Exchange (NYSE: EDR).

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

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