Deutsche Bank AG Lowers Position in Equity Residential $EQR

Deutsche Bank AG trimmed its stake in Equity Residential (NYSE:EQR) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,246,675 shares of the real estate investment trust’s stock after selling 116,628 shares during the quarter. Deutsche Bank AG’s holdings in Equity Residential were worth $267,710,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Equity Residential by 2.3% in the third quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock valued at $3,728,296,000 after purchasing an additional 1,281,354 shares during the period. Aberdeen Group plc grew its holdings in Equity Residential by 34.6% in the third quarter. Aberdeen Group plc now owns 568,408 shares of the real estate investment trust’s stock valued at $36,446,000 after purchasing an additional 146,148 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in Equity Residential in the third quarter valued at approximately $9,094,000. Caprock Group LLC purchased a new stake in Equity Residential in the third quarter valued at approximately $4,232,000. Finally, Pensionfund Sabic purchased a new stake in Equity Residential in the fourth quarter valued at approximately $1,567,000. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

Equity Residential Price Performance

EQR opened at $67.57 on Thursday. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.77. Equity Residential has a 52-week low of $57.57 and a 52-week high of $70.21. The company has a 50 day moving average of $64.15 and a two-hundred day moving average of $62.59. The company has a market cap of $25.32 billion, a P/E ratio of 27.03, a P/E/G ratio of 5.39 and a beta of 0.75.

Equity Residential (NYSE:EQR) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.09). Equity Residential had a return on equity of 8.57% and a net margin of 30.63%.The business had revenue of $779.85 million for the quarter, compared to analysts’ expectations of $781.79 million. During the same quarter in the prior year, the firm earned $0.95 earnings per share. Equity Residential’s quarterly revenue was up 2.5% compared to the same quarter last year. Equity Residential has set its FY 2026 guidance at 4.020-4.140 EPS and its Q2 2026 guidance at 0.980-1.020 EPS. On average, analysts expect that Equity Residential will post 4.09 earnings per share for the current year.

Equity Residential Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 30th were paid a dividend of $0.7025 per share. This is an increase from Equity Residential’s previous quarterly dividend of $0.69. This represents a $2.81 annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, March 30th. Equity Residential’s payout ratio is presently 112.40%.

Wall Street Analysts Forecast Growth

EQR has been the subject of a number of recent analyst reports. Wall Street Zen downgraded shares of Equity Residential from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Wolfe Research upgraded shares of Equity Residential from a “hold” rating to an “outperform” rating in a report on Monday, June 1st. Piper Sandler reiterated a “neutral” rating and set a $72.00 price objective (down from $78.00) on shares of Equity Residential in a research note on Friday, May 29th. Jefferies Financial Group decreased their price objective on shares of Equity Residential from $65.00 to $64.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Finally, Wells Fargo & Company boosted their price objective on shares of Equity Residential from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and thirteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $70.55.

Equity Residential Profile

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.