Equity Residential $EQR Position Boosted by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. grew its holdings in shares of Equity Residential (NYSE:EQR) by 2.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 640,192 shares of the real estate investment trust’s stock after purchasing an additional 13,420 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Equity Residential were worth $40,358,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in EQR. Norges Bank bought a new position in shares of Equity Residential during the 4th quarter valued at about $2,201,674,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Equity Residential by 876.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,500,885 shares of the real estate investment trust’s stock valued at $291,342,000 after buying an additional 4,039,752 shares in the last quarter. Wellington Management Group LLP lifted its stake in Equity Residential by 797.2% during the third quarter. Wellington Management Group LLP now owns 2,085,406 shares of the real estate investment trust’s stock valued at $134,988,000 after buying an additional 1,852,970 shares in the last quarter. Alyeska Investment Group L.P. lifted its stake in Equity Residential by 353.5% during the third quarter. Alyeska Investment Group L.P. now owns 2,002,892 shares of the real estate investment trust’s stock valued at $129,647,000 after buying an additional 1,561,241 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Equity Residential by 2.3% during 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 buying an additional 1,281,354 shares in the last quarter. Institutional investors own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on EQR. Jefferies Financial Group reduced 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. Argus set a $70.00 price objective on shares of Equity Residential in a research note on Thursday, March 12th. Morgan Stanley raised shares of Equity Residential from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $72.00 to $74.00 in a research note on Thursday, March 26th. Evercore upped their price objective on shares of Equity Residential from $67.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Finally, BNP Paribas Exane upped their price objective on shares of Equity Residential from $68.00 to $70.00 and gave the company a “neutral” rating in a research note on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $69.90.

Equity Residential Trading Up 0.0%

NYSE:EQR opened at $65.48 on Monday. Equity Residential has a 12 month low of $57.57 and a 12 month high of $70.31. The firm has a market cap of $24.53 billion, a price-to-earnings ratio of 26.19, a P/E/G ratio of 5.19 and a beta of 0.75. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.77. The company’s 50 day moving average is $62.80 and its 200-day moving average is $62.16.

Equity Residential (NYSE:EQR) last announced 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). The company had revenue of $779.85 million during the quarter, compared to analyst estimates of $781.79 million. Equity Residential had a return on equity of 8.57% and a net margin of 30.63%.The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.95 EPS. 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. Equities analysts anticipate that Equity Residential will post 4.09 EPS for the current year.

Equity Residential Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 30th were paid a $0.7025 dividend. The ex-dividend date was Monday, March 30th. This is a positive change from Equity Residential’s previous quarterly dividend of $0.69. This represents a $2.81 annualized dividend and a dividend yield of 4.3%. Equity Residential’s dividend payout ratio is 112.40%.

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.