Sarasin & Partners LLP Decreases Position in Equity Residential $EQR

Sarasin & Partners LLP reduced its stake in shares of Equity Residential (NYSE:EQR) by 65.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,408 shares of the real estate investment trust’s stock after selling 60,094 shares during the quarter. Sarasin & Partners LLP’s holdings in Equity Residential were worth $2,078,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EQR. CVA Family Office LLC lifted its position in shares of Equity Residential by 425.3% during the second quarter. CVA Family Office LLC now owns 415 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 336 shares in the last quarter. GKV Capital Management Co. Inc. purchased a new stake in Equity Residential during the 1st quarter worth $37,000. FNY Investment Advisers LLC lifted its holdings in Equity Residential by 1,000.0% in the 2nd quarter. FNY Investment Advisers LLC now owns 660 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 600 shares in the last quarter. Beaird Harris Wealth Management LLC acquired a new position in Equity Residential in the 1st quarter worth $56,000. Finally, CYBER HORNET ETFs LLC purchased a new position in Equity Residential in the 2nd quarter valued at about $61,000. Hedge funds and other institutional investors own 92.68% of the company’s stock.

Equity Residential Price Performance

Shares of EQR opened at $61.47 on Friday. Equity Residential has a 52 week low of $58.38 and a 52 week high of $75.86. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.75. The firm has a market cap of $23.39 billion, a price-to-earnings ratio of 20.29, a PEG ratio of 3.27 and a beta of 0.75. The stock has a 50 day moving average of $60.92 and a 200-day moving average of $64.10.

Equity Residential (NYSE:EQR) last announced its quarterly earnings data on Tuesday, October 28th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.02. Equity Residential had a return on equity of 10.30% and a net margin of 37.58%.The firm had revenue of $782.41 million for the quarter, compared to analysts’ expectations of $779.68 million. During the same period last year, the business posted $0.98 earnings per share. Equity Residential has set its Q4 2025 guidance at 1.020-1.060 EPS and its FY 2025 guidance at 3.980-4.020 EPS. As a group, analysts forecast that Equity Residential will post 3.98 EPS for the current year.

Equity Residential Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be issued a $0.6925 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $2.77 annualized dividend and a dividend yield of 4.5%. Equity Residential’s payout ratio is 91.42%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on EQR. Cantor Fitzgerald assumed coverage on Equity Residential in a research report on Wednesday, October 1st. They set an “overweight” rating and a $70.00 target price on the stock. UBS Group dropped their price objective on Equity Residential from $76.00 to $68.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Stifel Nicolaus set a $79.75 target price on Equity Residential in a research report on Wednesday, October 29th. Barclays decreased their price target on shares of Equity Residential from $80.00 to $77.00 and set an “overweight” rating for the company in a research report on Tuesday, November 25th. Finally, BMO Capital Markets dropped their price target on shares of Equity Residential from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Monday, November 17th. Eight equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $70.02.

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.