Presima Securities ULC Boosts Stock Holdings in Equity Residential $EQR

Presima Securities ULC increased its holdings in Equity Residential (NYSE:EQR) by 25.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 312,307 shares of the real estate investment trust’s stock after buying an additional 63,476 shares during the period. Equity Residential comprises about 5.6% of Presima Securities ULC’s holdings, making the stock its 6th biggest position. Presima Securities ULC’s holdings in Equity Residential were worth $20,216,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of EQR. Baillie Gifford & Co. grew its stake in Equity Residential by 566.7% in the 3rd quarter. Baillie Gifford & Co. now owns 115,181 shares of the real estate investment trust’s stock valued at $7,456,000 after purchasing an additional 97,906 shares during the period. Aberdeen Group plc boosted its holdings in shares of Equity Residential by 34.6% in the 3rd quarter. Aberdeen Group plc now owns 568,408 shares of the real estate investment trust’s stock worth $36,446,000 after buying an additional 146,148 shares during the last quarter. National Pension Service grew its position in Equity Residential by 4.6% during the third quarter. National Pension Service now owns 605,494 shares of the real estate investment trust’s stock valued at $39,194,000 after buying an additional 26,590 shares during the period. Andra AP fonden raised its position in Equity Residential by 30.3% in the second quarter. Andra AP fonden now owns 187,100 shares of the real estate investment trust’s stock worth $12,627,000 after acquiring an additional 43,500 shares during the period. Finally, Resona Asset Management Co. Ltd. raised its position in Equity Residential by 8.8% in the third quarter. Resona Asset Management Co. Ltd. now owns 209,614 shares of the real estate investment trust’s stock worth $13,471,000 after acquiring an additional 17,014 shares during the period. 92.68% of the stock is currently owned by institutional investors.

Insider Transactions at Equity Residential

In other news, EVP Robert Garechana sold 3,637 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $236,877.81. Following the completion of the transaction, the executive vice president directly owned 18,740 shares in the company, valued at approximately $1,220,536.20. This represents a 16.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Catherine Carraway sold 656 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $42,725.28. Following the transaction, the executive vice president owned 18,339 shares in the company, valued at $1,194,419.07. This trade represents a 3.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 10,058 shares of company stock valued at $655,078. Insiders own 1.10% of the company’s stock.

Equity Residential Stock Up 0.2%

Shares of NYSE:EQR opened at $63.61 on Thursday. The firm has a fifty day moving average price of $62.24 and a two-hundred day moving average price of $62.58. The company has a market cap of $24.02 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 4.77 and a beta of 0.76. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.31 and a quick ratio of 0.45. Equity Residential has a one year low of $58.38 and a one year high of $75.86.

Equity Residential (NYSE:EQR) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.01). Equity Residential had a net margin of 36.20% and a return on equity of 9.98%. The business had revenue of $781.91 million for the quarter, compared to the consensus estimate of $786.35 million. During the same period in the prior year, the business posted $1.00 EPS. Equity Residential’s quarterly revenue was up 2.0% on a year-over-year basis. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. Analysts anticipate that Equity Residential will post 3.98 EPS for the current fiscal year.

Equity Residential Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 2nd were given a dividend of $0.6925 per share. The ex-dividend date was Friday, January 2nd. This represents a $2.77 annualized dividend and a dividend yield of 4.4%. Equity Residential’s dividend payout ratio (DPR) is 94.54%.

Analyst Upgrades and Downgrades

EQR has been the subject of a number of research reports. Evercore increased their target price on shares of Equity Residential from $68.00 to $69.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Scotiabank reduced their price objective on Equity Residential from $73.00 to $66.00 and set a “sector perform” rating for the company in a report on Tuesday, November 4th. BMO Capital Markets downgraded Equity Residential from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $70.00 to $68.00 in a research report on Friday, January 9th. Stifel Nicolaus set a $78.50 price target on Equity Residential in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. cut their price target on Equity Residential from $75.00 to $71.00 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Six research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, Equity Residential has an average rating of “Hold” and an average target price of $69.78.

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.