Schroder Investment Management Group Sells 210,465 Shares of Equity Residential $EQR

Schroder Investment Management Group trimmed its holdings in shares of Equity Residential (NYSE:EQRFree Report) by 23.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 690,314 shares of the real estate investment trust’s stock after selling 210,465 shares during the quarter. Schroder Investment Management Group’s holdings in Equity Residential were worth $44,263,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Collier Financial purchased a new stake in Equity Residential during the third quarter worth $26,000. Hantz Financial Services Inc. increased its holdings in shares of Equity Residential by 434.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 439 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Equity Residential by 203.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 780 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 523 shares during the period. CYBER HORNET ETFs LLC bought a new position in shares of Equity Residential in the 2nd quarter worth $61,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Equity Residential in the 2nd quarter worth $68,000. Institutional investors own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

EQR has been the topic of a number of recent research reports. Piper Sandler set a $78.00 price objective on Equity Residential in a research report on Tuesday, January 27th. Evercore boosted their target price on shares of Equity Residential from $69.00 to $70.00 in a report on Monday. BMO Capital Markets lowered shares of Equity Residential from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $70.00 to $68.00 in a research report on Friday, January 9th. Stifel Nicolaus set a $78.50 price target on shares of Equity Residential in a report on Friday, February 6th. Finally, Wall Street Zen raised shares of Equity Residential from a “sell” rating to a “hold” rating in a research report on Sunday. Six analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, Equity Residential currently has an average rating of “Hold” and an average target price of $69.68.

Get Our Latest Stock Analysis on Equity Residential

Insiders Place Their Bets

In other Equity Residential news, COO Michael L. Manelis sold 5,765 shares of Equity Residential 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 completion of the sale, the chief operating officer owned 46,131 shares of the company’s stock, valued at approximately $3,004,512.03. The trade was a 11.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Catherine Carraway sold 656 shares of the business’s 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 sale, the executive vice president owned 18,339 shares in the company, valued at approximately $1,194,419.07. The trade was a 3.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 10,058 shares of company stock valued at $655,078. 1.10% of the stock is owned by company insiders.

Equity Residential Trading Down 2.2%

Shares of Equity Residential stock opened at $60.13 on Thursday. The firm’s 50 day simple moving average is $62.43 and its two-hundred day simple moving average is $62.48. The firm has a market capitalization of $22.70 billion, a price-to-earnings ratio of 20.52, a PEG ratio of 4.63 and a beta of 0.75. Equity Residential has a 12-month low of $58.38 and a 12-month high of $72.64. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73.

Equity Residential (NYSE:EQRGet Free Report) last posted its quarterly earnings data 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 company had revenue of $781.91 million for the quarter, compared to analyst estimates of $786.35 million. Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The company’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous 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. Analysts predict that Equity Residential will post 3.98 EPS for the current year.

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.

Recommended Stories

Want to see what other hedge funds are holding EQR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equity Residential (NYSE:EQRFree Report).

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

Receive News & Ratings for Equity Residential Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equity Residential and related companies with MarketBeat.com's FREE daily email newsletter.