Mufg Securities Americas Inc. Increases Stock Holdings in Equity Residential $EQR

Mufg Securities Americas Inc. boosted its position in Equity Residential (NYSE:EQR) by 25.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,578 shares of the real estate investment trust’s stock after purchasing an additional 1,529 shares during the period. Mufg Securities Americas Inc.’s holdings in Equity Residential were worth $511,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Nuveen LLC acquired a new stake in Equity Residential during the 1st quarter valued at $165,442,000. Price T Rowe Associates Inc. MD boosted its holdings in Equity Residential by 5.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 20,711,588 shares of the real estate investment trust’s stock valued at $1,482,537,000 after acquiring an additional 1,101,027 shares during the last quarter. National Bank of Canada FI increased its position in shares of Equity Residential by 190.9% in the first quarter. National Bank of Canada FI now owns 674,373 shares of the real estate investment trust’s stock worth $48,272,000 after acquiring an additional 442,584 shares in the last quarter. Eventide Asset Management LLC acquired a new stake in shares of Equity Residential in the first quarter valued at about $27,944,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Equity Residential during the second quarter worth about $26,129,000. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Scotiabank lowered 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. UBS Group decreased their price objective on shares of Equity Residential from $76.00 to $68.00 and set a “buy” rating for the company in a report on Monday, November 10th. Cantor Fitzgerald began coverage on shares of Equity Residential in a report on Wednesday, October 1st. They set an “overweight” rating and a $70.00 target price on the stock. Wall Street Zen raised shares of Equity Residential from a “sell” rating to a “hold” rating in a report on Monday, November 3rd. Finally, Evercore ISI dropped their price objective on shares of Equity Residential from $70.00 to $68.00 and set an “outperform” rating on the stock in a research note on Monday, November 3rd. Eight research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $70.45.

Equity Residential Trading Up 0.1%

Shares of NYSE:EQR opened at $60.59 on Tuesday. The company’s 50-day moving average price is $61.91 and its 200 day moving average price is $65.18. Equity Residential has a fifty-two week low of $58.38 and a fifty-two week high of $78.32. The company has a market cap of $23.05 billion, a PE ratio of 20.00, a P/E/G ratio of 2.99 and a beta of 0.88. The company has a quick ratio of 0.17, a current ratio of 0.45 and a debt-to-equity ratio of 0.75.

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 for 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 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. FY 2025 guidance at 3.980-4.020 EPS. Sell-side analysts anticipate that Equity Residential will post 3.98 earnings per share for the current year.

Equity Residential Dividend Announcement

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

Equity Residential 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.