6,361 Shares in Equity Residential $EQR Acquired by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC bought a new position in Equity Residential (NYSE:EQR) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 6,361 shares of the real estate investment trust’s stock, valued at approximately $429,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EQR. TCW Group Inc. raised its position in Equity Residential by 40.4% in the first quarter. TCW Group Inc. now owns 83,417 shares of the real estate investment trust’s stock worth $5,971,000 after acquiring an additional 23,997 shares during the period. Sequoia Financial Advisors LLC raised its position in Equity Residential by 6.3% in the first quarter. Sequoia Financial Advisors LLC now owns 3,246 shares of the real estate investment trust’s stock worth $232,000 after acquiring an additional 191 shares during the period. U.S. Capital Wealth Advisors LLC raised its position in Equity Residential by 39.1% in the first quarter. U.S. Capital Wealth Advisors LLC now owns 86,203 shares of the real estate investment trust’s stock worth $6,170,000 after acquiring an additional 24,232 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Equity Residential by 11.0% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 845,820 shares of the real estate investment trust’s stock worth $60,544,000 after acquiring an additional 83,788 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in Equity Residential by 9.0% in the first quarter. PNC Financial Services Group Inc. now owns 54,271 shares of the real estate investment trust’s stock worth $3,885,000 after acquiring an additional 4,499 shares during the period. Hedge funds and other institutional investors own 92.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on EQR. Truist Financial decreased their price target on shares of Equity Residential from $78.00 to $75.00 and set a “buy” rating on the stock in a research report on Friday, August 29th. Jefferies Financial Group decreased their price target on shares of Equity Residential from $70.00 to $68.00 and set a “hold” rating on the stock in a research report on Monday, October 13th. UBS Group decreased their price target on shares of Equity Residential from $84.00 to $76.00 and set a “buy” rating on the stock in a research report on Tuesday, July 15th. JPMorgan Chase & Co. reduced their price objective on shares of Equity Residential from $76.00 to $75.00 in a research note on Tuesday, September 16th. Finally, Wells Fargo & Company reduced their price objective on shares of Equity Residential from $75.00 to $68.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 27th. Seven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $73.12.

Equity Residential Stock Performance

EQR opened at $60.32 on Friday. The stock has a market capitalization of $23.04 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 2.99 and a beta of 0.90. The company has a fifty day moving average of $64.00 and a 200 day moving average of $66.37. Equity Residential has a fifty-two week low of $58.51 and a fifty-two week high of $78.32. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.17 and a current ratio of 0.45.

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

Equity Residential Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Thursday, September 25th were paid a dividend of $0.6925 per share. This represents a $2.77 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Thursday, September 25th. Equity Residential’s dividend payout ratio (DPR) is presently 91.42%.

Equity Residential Company Profile

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.