New Age Alpha Advisors LLC Has $3.70 Million Stock Position in Equity Residential $EQR

New Age Alpha Advisors LLC lowered its position in shares of Equity Residential (NYSE:EQR) by 18.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,622 shares of the real estate investment trust’s stock after selling 12,901 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Equity Residential were worth $3,696,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Equity Residential by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 57,597,658 shares of the real estate investment trust’s stock worth $3,728,296,000 after acquiring an additional 1,281,354 shares during the last quarter. State Street Corp boosted its position in Equity Residential by 2.8% during the 3rd quarter. State Street Corp now owns 24,922,935 shares of the real estate investment trust’s stock worth $1,630,103,000 after acquiring an additional 688,854 shares during the last quarter. First Eagle Investment Management LLC boosted its position in Equity Residential by 0.5% during the 4th quarter. First Eagle Investment Management LLC now owns 9,242,013 shares of the real estate investment trust’s stock worth $582,617,000 after acquiring an additional 44,127 shares during the last quarter. Northern Trust Corp boosted its position in Equity Residential by 0.6% during the 3rd quarter. Northern Trust Corp now owns 6,231,961 shares of the real estate investment trust’s stock worth $403,395,000 after acquiring an additional 34,625 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Equity Residential by 3.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,199,635 shares of the real estate investment trust’s stock worth $336,564,000 after acquiring an additional 173,002 shares during the last quarter. Institutional investors and hedge funds own 92.68% of the company’s stock.

Analyst Ratings Changes

EQR has been the subject of a number of recent research reports. Mizuho upped their price target on Equity Residential from $65.00 to $66.00 and gave the stock a “neutral” rating in a research report on Friday, March 6th. Barclays upped their price target on Equity Residential from $75.00 to $76.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Scotiabank upped their price target on Equity Residential from $66.00 to $67.00 and gave the stock a “sector perform” rating in a research report on Wednesday, March 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Residential in a research report on Tuesday, April 21st. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Equity Residential in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, Equity Residential presently has an average rating of “Hold” and an average target price of $70.11.

Equity Residential Trading Up 0.1%

NYSE EQR opened at $66.30 on Tuesday. The company has a market cap of $24.84 billion, a PE ratio of 26.52, a PEG ratio of 5.25 and a beta of 0.76. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.77. Equity Residential has a 12 month low of $57.57 and a 12 month high of $70.31. The stock has a 50 day moving average of $62.33 and a 200-day moving average of $61.97.

Equity Residential (NYSE:EQR) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.24 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 net margin of 30.63% and a return on equity of 8.57%. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, equities research analysts anticipate that Equity Residential will post 4.09 EPS for the current fiscal 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 issued a $0.7025 dividend. This represents a $2.81 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, March 30th. This is a boost from Equity Residential’s previous quarterly dividend of $0.69. Equity Residential’s payout ratio is currently 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.