Equity Residential $EQR is Hazelview Securities Inc.’s 5th Largest Position

Hazelview Securities Inc. increased its position in shares of Equity Residential (NYSE:EQR) by 6.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 480,219 shares of the real estate investment trust’s stock after acquiring an additional 27,724 shares during the period. Equity Residential makes up about 5.7% of Hazelview Securities Inc.’s holdings, making the stock its 5th biggest position. Hazelview Securities Inc. owned 0.13% of Equity Residential worth $31,992,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Rothschild Investment LLC increased its holdings in shares of Equity Residential by 6.8% in the second quarter. Rothschild Investment LLC now owns 2,841 shares of the real estate investment trust’s stock worth $192,000 after purchasing an additional 182 shares during the period. Cetera Investment Advisers grew its position in Equity Residential by 0.4% during the second quarter. Cetera Investment Advisers now owns 48,030 shares of the real estate investment trust’s stock worth $3,242,000 after buying an additional 183 shares in the last quarter. Global X Japan Co. Ltd. grew its position in Equity Residential by 23.4% during the second quarter. Global X Japan Co. Ltd. now owns 1,106 shares of the real estate investment trust’s stock worth $75,000 after buying an additional 210 shares in the last quarter. Empowered Funds LLC increased its stake in Equity Residential by 3.1% in the 1st quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust’s stock worth $536,000 after acquiring an additional 226 shares during the last quarter. Finally, Horizon Investments LLC raised its holdings in shares of Equity Residential by 5.0% in the 1st quarter. Horizon Investments LLC now owns 4,945 shares of the real estate investment trust’s stock valued at $354,000 after acquiring an additional 234 shares in the last quarter. 92.68% of the stock is owned by institutional investors.

Equity Residential Price Performance

EQR stock opened at $60.91 on Friday. The firm has a market cap of $23.17 billion, a P/E ratio of 20.10, a P/E/G ratio of 3.23 and a beta of 0.75. The firm’s fifty day moving average is $60.99 and its 200 day moving average is $64.41. Equity Residential has a 52 week low of $58.38 and a 52 week high of $75.86. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.45 and a current ratio of 0.45.

Equity Residential (NYSE:EQR) last posted its quarterly earnings results on Tuesday, October 28th. The real estate investment trust reported $1.02 earnings per share for the quarter, hitting the consensus estimate of $1.02. Equity Residential had a net margin of 37.58% and a return on equity of 10.30%. The business had revenue of $782.41 million during the quarter, compared to the consensus estimate of $779.68 million. During the same period in the previous year, the firm posted $0.98 earnings per share. Equity Residential has set its Q4 2025 guidance at 1.020-1.060 EPS and its FY 2025 guidance at 3.980-4.020 EPS. Research analysts predict that Equity Residential will post 3.98 earnings per share for the current year.

Equity Residential Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be given a dividend of $0.6925 per share. This represents a $2.77 annualized dividend and a yield of 4.5%. The ex-dividend date is Friday, January 2nd. Equity Residential’s dividend payout ratio (DPR) is presently 91.42%.

Wall Street Analyst Weigh In

EQR has been the topic of several research analyst reports. Mizuho decreased their price objective on shares of Equity Residential from $66.00 to $65.00 and set a “neutral” rating on the stock in a research report on Monday, November 24th. Jefferies Financial Group cut their price target on shares of Equity Residential from $68.00 to $65.00 and set a “hold” rating for the company in a research note on Tuesday, November 11th. BNP Paribas cut shares of Equity Residential from an “outperform” rating to a “hold” rating in a research report on Monday, September 29th. JPMorgan Chase & Co. cut their target price on shares of Equity Residential from $75.00 to $71.00 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Finally, Scotiabank lowered their price target on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating on the stock in a research report on Tuesday, November 4th. Eight research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $70.02.

About Equity Residential

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.