U.S. Capital Wealth Advisors LLC Has $8.64 Million Stake in Equity Residential $EQR

U.S. Capital Wealth Advisors LLC increased its position in shares of Equity Residential (NYSE:EQRFree Report) by 19.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 133,547 shares of the real estate investment trust’s stock after purchasing an additional 21,857 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Equity Residential were worth $8,644,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HighTower Advisors LLC lifted its holdings in shares of Equity Residential by 5.8% during the first quarter. HighTower Advisors LLC now owns 14,035 shares of the real estate investment trust’s stock worth $1,005,000 after buying an additional 769 shares in the last quarter. Wellington Management Group LLP raised its stake in Equity Residential by 312.9% in the 1st quarter. Wellington Management Group LLP now owns 235,753 shares of the real estate investment trust’s stock worth $16,875,000 after purchasing an additional 178,660 shares in the last quarter. Quantbot Technologies LP bought a new stake in Equity Residential in the 1st quarter valued at about $144,000. BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of Equity Residential by 48.0% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 11,720 shares of the real estate investment trust’s stock worth $839,000 after purchasing an additional 3,800 shares during the period. Finally, Credit Agricole S A raised its position in shares of Equity Residential by 8.3% in the first quarter. Credit Agricole S A now owns 97,305 shares of the real estate investment trust’s stock valued at $6,965,000 after buying an additional 7,425 shares in the last quarter. 92.68% of the stock is owned by institutional investors and hedge funds.

Equity Residential Stock Performance

Shares of Equity Residential stock opened at $61.47 on Friday. The company’s 50 day moving average price is $60.92 and its two-hundred day moving average price is $64.13. The firm has a market capitalization of $23.39 billion, a P/E ratio of 20.29, a P/E/G ratio of 3.31 and a beta of 0.75. Equity Residential has a fifty-two week low of $58.38 and a fifty-two week high of $75.86. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.45 and a quick ratio of 0.45.

Equity Residential (NYSE:EQRGet Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The real estate investment trust reported $1.02 EPS for the quarter, meeting analysts’ consensus estimates of $1.02. The company had revenue of $782.41 million during the quarter, compared to analysts’ expectations of $779.68 million. Equity Residential had a return on equity of 10.30% and a net margin of 37.58%.During the same period in the prior year, the company earned $0.98 EPS. 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. On average, equities analysts forecast that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be paid a $0.6925 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $2.77 annualized dividend and a dividend yield of 4.5%. Equity Residential’s dividend payout ratio is currently 91.42%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on EQR. Weiss Ratings reissued a “hold (c)” rating on shares of Equity Residential in a research report on Wednesday, October 8th. BNP Paribas Exane cut Equity Residential from an “outperform” rating to a “neutral” rating in a research report on Monday, September 29th. Stifel Nicolaus set a $79.75 price objective on shares of Equity Residential in a research report on Wednesday, October 29th. Truist Financial reduced their price objective on shares of Equity Residential from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Monday, November 17th. Finally, Mizuho dropped their target price on shares of Equity Residential from $66.00 to $65.00 and set a “neutral” rating for the company in a research report on Monday, November 24th. Eight equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Equity Residential has an average rating of “Hold” and a consensus price target of $70.02.

Read Our Latest Stock Analysis on Equity Residential

Equity Residential Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Equity Residential (NYSE:EQR)

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