SG Americas Securities LLC Buys 438,835 Shares of Equity Residential $EQR

SG Americas Securities LLC lifted its stake in Equity Residential (NYSE:EQR) by 18,022.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 441,270 shares of the real estate investment trust’s stock after buying an additional 438,835 shares during the quarter. SG Americas Securities LLC’s holdings in Equity Residential were worth $27,818,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC increased its stake in Equity Residential by 3.1% during the 1st quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust’s stock valued at $536,000 after purchasing an additional 226 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Equity Residential by 0.4% in 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. Intech Investment Management LLC grew its holdings in shares of Equity Residential by 103.1% during the second quarter. Intech Investment Management LLC now owns 11,420 shares of the real estate investment trust’s stock valued at $771,000 after buying an additional 5,796 shares during the last quarter. Rockefeller Capital Management L.P. purchased a new stake in shares of Equity Residential during the second quarter valued at approximately $719,000. Finally, Franklin Resources Inc. increased its position in shares of Equity Residential by 8.1% during the second quarter. Franklin Resources Inc. now owns 202,340 shares of the real estate investment trust’s stock valued at $13,656,000 after acquiring an additional 15,221 shares in the last quarter. 92.68% of the stock is owned by hedge funds and other institutional investors.

Equity Residential Stock Up 1.8%

Shares of Equity Residential stock opened at $59.50 on Friday. The company has a market cap of $22.47 billion, a price-to-earnings ratio of 20.31, a price-to-earnings-growth ratio of 4.41 and a beta of 0.75. The company’s 50 day moving average is $61.97 and its 200 day moving average is $62.05. Equity Residential has a twelve month low of $57.57 and a twelve month high of $72.64. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.73.

Equity Residential (NYSE:EQR) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). The company had revenue of $781.91 million during 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 company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period last year, the firm posted $1.00 EPS. 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. Research analysts anticipate that Equity Residential will post 3.98 EPS for the current year.

Equity Residential Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Monday, March 30th will be issued a $0.7025 dividend. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from Equity Residential’s previous quarterly dividend of $0.69. This represents a $2.81 annualized dividend and a dividend yield of 4.7%. Equity Residential’s dividend payout ratio is presently 94.54%.

Analyst Upgrades and Downgrades

EQR has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $78.50 price objective on shares of Equity Residential in a report on Friday, February 6th. Royal Bank Of Canada reduced their target price on Equity Residential from $70.00 to $68.00 and set an “outperform” rating for the company in a report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft cut Equity Residential from a “buy” rating to a “hold” rating and set a $63.00 price target for the company. in a research note on Tuesday, January 20th. JPMorgan Chase & Co. lowered their price target on Equity Residential from $75.00 to $71.00 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Finally, Argus set a $70.00 price objective on Equity Residential in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $69.73.

Insider Buying and Selling

In related news, EVP Robert Garechana sold 3,637 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $236,877.81. Following the completion of the sale, the executive vice president owned 18,740 shares in the company, valued at approximately $1,220,536.20. This represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 completion of the transaction, the executive vice president directly owned 18,339 shares in the company, valued at approximately $1,194,419.07. This represents a 3.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 10,058 shares of company stock valued at $655,078 over the last 90 days. Company insiders own 1.10% of the company’s stock.

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.