Lasalle Investment Management Securities LLC Purchases 16,919 Shares of Equity Residential $EQR

Lasalle Investment Management Securities LLC lifted its position in shares of Equity Residential (NYSE:EQR) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,173,086 shares of the real estate investment trust’s stock after buying an additional 16,919 shares during the period. Equity Residential comprises about 3.0% of Lasalle Investment Management Securities LLC’s investment portfolio, making the stock its 15th largest holding. Lasalle Investment Management Securities LLC’s holdings in Equity Residential were worth $75,934,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Collier Financial bought a new stake in Equity Residential in the 3rd quarter valued at approximately $26,000. Hantz Financial Services Inc. raised its holdings in shares of Equity Residential by 434.7% in the third quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 439 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Equity Residential by 203.5% in the third quarter. Smartleaf Asset Management LLC now owns 780 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 523 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Equity Residential in the second quarter worth $61,000. Finally, MUFG Securities EMEA plc acquired a new position in Equity Residential during the second quarter worth $68,000. 92.68% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Catherine Carraway sold 656 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $42,725.28. Following the transaction, the executive vice president directly owned 18,339 shares of the company’s stock, valued at $1,194,419.07. This represents a 3.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Michael L. Manelis sold 5,765 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $375,474.45. Following the sale, the chief operating officer owned 46,131 shares of the company’s stock, valued at approximately $3,004,512.03. This represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 10,058 shares of company stock valued at $655,078 over the last ninety days. 1.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. BMO Capital Markets lowered shares of Equity Residential from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $70.00 to $68.00 in a research note on Friday, January 9th. Truist Financial decreased their price objective on Equity Residential from $75.00 to $70.00 and set a “buy” rating for the company in a report on Monday, November 17th. Royal Bank Of Canada dropped their target price on Equity Residential from $70.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, January 15th. Wall Street Zen cut Equity Residential from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Piper Sandler set a $78.00 price target on Equity Residential in a research report on Tuesday, January 27th. Six equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $69.78.

Equity Residential Price Performance

NYSE:EQR opened at $63.19 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.73. The stock’s 50 day moving average price is $62.52 and its two-hundred day moving average price is $62.59. The firm has a market capitalization of $23.86 billion, a price-to-earnings ratio of 21.57, a P/E/G ratio of 4.75 and a beta of 0.76. Equity Residential has a 12-month low of $58.38 and a 12-month high of $75.86.

Equity Residential (NYSE:EQR) last issued its earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.01). The business had revenue of $781.91 million for the quarter, compared to the consensus estimate of $786.35 million. Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The business’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.00 earnings per share. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. On average, analysts anticipate that Equity Residential will post 3.98 earnings per share for the current year.

Equity Residential Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 2nd were issued a $0.6925 dividend. This represents a $2.77 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, January 2nd. Equity Residential’s payout ratio is currently 94.54%.

About Equity Residential

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.