Equity Residential $EQR Shares Sold by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ trimmed its position in shares of Equity Residential (NYSE:EQR) by 7.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 116,783 shares of the real estate investment trust’s stock after selling 9,609 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Equity Residential were worth $6,908,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in EQR. Patton Fund Management Inc. raised its holdings in Equity Residential by 9.7% in the first quarter. Patton Fund Management Inc. now owns 3,933 shares of the real estate investment trust’s stock valued at $233,000 after acquiring an additional 349 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Equity Residential by 46.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 5,153 shares of the real estate investment trust’s stock worth $305,000 after acquiring an additional 1,646 shares in the last quarter. Louisiana State Employees Retirement System purchased a new stake in shares of Equity Residential in the 1st quarter valued at approximately $1,035,000. Kestra Private Wealth Services LLC increased its position in shares of Equity Residential by 8.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 5,251 shares of the real estate investment trust’s stock valued at $311,000 after purchasing an additional 424 shares during the last quarter. Finally, Vanderbilt University raised its holdings in shares of Equity Residential by 1.9% in the 1st quarter. Vanderbilt University now owns 26,604 shares of the real estate investment trust’s stock valued at $1,574,000 after purchasing an additional 505 shares in the last quarter. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

Equity Residential Price Performance

Shares of NYSE EQR opened at $69.75 on Friday. The stock has a market cap of $26.13 billion, a P/E ratio of 27.90, a P/E/G ratio of 5.45 and a beta of 0.74. The stock has a 50 day moving average of $65.99 and a two-hundred day moving average of $63.21. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.77. Equity Residential has a twelve month low of $57.57 and a twelve month high of $69.83.

Equity Residential (NYSE:EQR) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.09). Equity Residential had a return on equity of 8.57% and a net margin of 30.63%.The business had revenue of $779.85 million for the quarter, compared to analysts’ expectations of $781.79 million. During the same period in the previous year, the business posted $0.95 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. Equity Residential has set its FY 2026 guidance at 4.020-4.140 EPS and its Q2 2026 guidance at 0.980-1.020 EPS. On average, research analysts forecast that Equity Residential will post 4.09 earnings per share for the current year.

Equity Residential Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 29th will be given a $0.7025 dividend. This represents a $2.81 annualized dividend and a yield of 4.0%. The ex-dividend date is Monday, June 29th. Equity Residential’s payout ratio is 112.40%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EQR shares. Cantor Fitzgerald lifted their price objective on shares of Equity Residential from $64.00 to $66.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. The Goldman Sachs Group dropped their target price on Equity Residential from $71.00 to $69.00 and set a “neutral” rating on the stock in a report on Thursday, April 16th. Wall Street Zen cut Equity Residential from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. BMO Capital Markets lifted their price target on Equity Residential from $68.00 to $75.00 and gave the stock a “market perform” rating in a report on Monday, June 8th. Finally, Weiss Ratings raised Equity Residential from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $70.65.

Equity Residential 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.