Vontobel Holding Ltd. Buys New Stake in Equity Residential $EQR

Vontobel Holding Ltd. purchased a new stake in Equity Residential (NYSE:EQR) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,265 shares of the real estate investment trust’s stock, valued at approximately $535,000.

Other institutional investors have also modified their holdings of the company. CVA Family Office LLC lifted its holdings in shares of Equity Residential by 425.3% in the 2nd quarter. CVA Family Office LLC now owns 415 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 336 shares during the period. FNY Investment Advisers LLC lifted its holdings in Equity Residential by 1,000.0% in the second quarter. FNY Investment Advisers LLC now owns 660 shares of the real estate investment trust’s stock valued at $44,000 after acquiring an additional 600 shares during the period. Beaird Harris Wealth Management LLC purchased a new stake in Equity Residential in the 1st quarter worth approximately $56,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Equity Residential during the 2nd quarter worth approximately $61,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Equity Residential during the 2nd quarter valued at approximately $68,000. Hedge funds and other institutional investors own 92.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on EQR shares. Wells Fargo & Company dropped their price target on shares of Equity Residential from $68.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Monday, November 10th. Scotiabank dropped their target price on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating on the stock in a research report on Tuesday, November 4th. Wall Street Zen raised Equity Residential from a “sell” rating to a “hold” rating in a report on Monday, November 3rd. Jefferies Financial Group dropped their price objective on Equity Residential from $68.00 to $65.00 and set a “hold” rating on the stock in a report on Tuesday, November 11th. Finally, BMO Capital Markets cut their price objective on Equity Residential from $75.00 to $70.00 and set an “outperform” rating for the company in a research report on Monday, November 17th. Eight research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $70.02.

Equity Residential Price Performance

Shares of Equity Residential stock opened at $63.23 on Tuesday. The stock has a market capitalization of $24.06 billion, a P/E ratio of 20.87, a PEG ratio of 3.36 and a beta of 0.75. The business has a 50 day simple moving average of $60.99 and a two-hundred day simple moving average of $63.79. Equity Residential has a 12 month low of $58.38 and a 12 month high of $75.86. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.45 and a quick ratio of 0.45.

Equity Residential (NYSE:EQR) last issued its quarterly earnings results on Tuesday, October 28th. The real estate investment trust reported $1.02 EPS for the quarter, hitting the consensus estimate of $1.02. The firm had revenue of $782.41 million during the quarter, compared to analysts’ expectations of $779.68 million. Equity Residential had a return on equity of 10.30% and a net margin of 37.58%.During the same period in the previous year, the business earned $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 predict that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be given a dividend of $0.6925 per share. The ex-dividend date is Friday, January 2nd. This represents a $2.77 dividend on an annualized basis and a yield of 4.4%. Equity Residential’s payout ratio is presently 91.42%.

Equity Residential Company 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.