Equity Residential $EQR Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. boosted its position in Equity Residential (NYSE:EQR) by 25.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,061 shares of the real estate investment trust’s stock after acquiring an additional 14,916 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Equity Residential were worth $4,669,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EQR. Collier Financial acquired a new position in Equity Residential in the third quarter valued at $26,000. Fulcrum Asset Management LLP acquired a new position in Equity Residential in the third quarter valued at $27,000. Rosenberg Matthew Hamilton boosted its holdings in Equity Residential by 69.2% in the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 180 shares during the last quarter. Harvest Fund Management Co. Ltd acquired a new position in Equity Residential in the third quarter valued at $31,000. Finally, Hantz Financial Services Inc. boosted its holdings in Equity Residential by 434.7% in the third quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 439 shares during the last quarter. Institutional investors and hedge funds own 92.68% of the company’s stock.

Insiders Place Their Bets

In other Equity Residential news, EVP Robert Garechana sold 3,637 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $236,877.81. Following the transaction, the executive vice president owned 18,740 shares in the company, valued at $1,220,536.20. The trade was a 16.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Michael L. Manelis sold 5,765 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total transaction of $375,474.45. Following the completion of the transaction, the chief operating officer owned 46,131 shares in the company, valued at $3,004,512.03. This represents a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 10,058 shares of company stock worth $655,078 in the last quarter. 1.00% of the stock is owned by corporate insiders.

Equity Residential Stock Down 2.4%

Shares of Equity Residential stock opened at $61.91 on Wednesday. The company has a fifty day moving average price of $61.38 and a 200 day moving average price of $61.45. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73. Equity Residential has a twelve month low of $57.57 and a twelve month high of $72.40. The stock has a market cap of $23.20 billion, a price-to-earnings ratio of 21.13, a price-to-earnings-growth ratio of 4.79 and a beta of 0.73.

Equity Residential (NYSE:EQR) last announced its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.01). Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The business had revenue of $781.91 million for the quarter, compared to analysts’ expectations of $786.35 million. During the same period last year, the company posted $1.00 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that Equity Residential will post 4.09 earnings per share for the current fiscal year.

Equity Residential Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 30th were issued a $0.7025 dividend. The ex-dividend date was Monday, March 30th. This represents a $2.81 dividend on an annualized basis and a yield of 4.5%. This is an increase from Equity Residential’s previous quarterly dividend of $0.69. Equity Residential’s dividend payout ratio (DPR) is presently 95.90%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Piper Sandler set a $78.00 price target on shares of Equity Residential in a research report on Tuesday, January 27th. Morgan Stanley raised shares of Equity Residential from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $72.00 to $74.00 in a research report on Thursday, March 26th. Barclays decreased their price target on shares of Equity Residential from $78.00 to $75.00 and set an “overweight” rating for the company in a research report on Friday, March 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Equity Residential in a research report on Thursday, January 22nd. Finally, Stifel Nicolaus set a $78.50 price target on shares of Equity Residential in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $69.38.

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.