Lasalle Investment Management Securities LLC Grows Stock Holdings in Equity Residential $EQR

Lasalle Investment Management Securities LLC grew its position in Equity Residential (NYSE:EQR) by 3.8% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,442,422 shares of the real estate investment trust’s stock after purchasing an additional 53,178 shares during the quarter. Equity Residential comprises 3.4% of Lasalle Investment Management Securities LLC’s portfolio, making the stock its 9th biggest holding. Lasalle Investment Management Securities LLC’s holdings in Equity Residential were worth $85,319,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Insigneo Advisory Services LLC boosted its position in shares of Equity Residential by 4.9% during the 4th quarter. Insigneo Advisory Services LLC now owns 3,543 shares of the real estate investment trust’s stock worth $223,000 after acquiring an additional 165 shares in the last quarter. Leonteq Securities AG lifted its stake in Equity Residential by 48.8% during the first quarter. Leonteq Securities AG now owns 549 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 180 shares during the last quarter. Frank Rimerman Advisors LLC lifted its stake in Equity Residential by 4.2% during the first quarter. Frank Rimerman Advisors LLC now owns 4,990 shares of the real estate investment trust’s stock worth $295,000 after purchasing an additional 201 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Equity Residential by 2.3% in the 4th quarter. Empowered Funds LLC now owns 9,165 shares of the real estate investment trust’s stock valued at $571,000 after purchasing an additional 204 shares in the last quarter. Finally, United Capital Financial Advisors LLC boosted its holdings in shares of Equity Residential by 2.0% in the 3rd quarter. United Capital Financial Advisors LLC now owns 11,589 shares of the real estate investment trust’s stock valued at $750,000 after purchasing an additional 227 shares in the last quarter. Institutional investors own 92.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Stifel Nicolaus boosted their price target on Equity Residential from $78.25 to $79.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Cantor Fitzgerald raised their price objective on Equity Residential from $64.00 to $66.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Wolfe Research upgraded Equity Residential from a “hold” rating to an “outperform” rating in a research report on Monday, June 1st. BMO Capital Markets lifted their target price on Equity Residential from $68.00 to $75.00 and gave the company a “market perform” rating in a research report on Monday, June 8th. Finally, Morgan Stanley raised Equity Residential from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $72.00 to $74.00 in a research note on Thursday, March 26th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, Equity Residential presently has an average rating of “Hold” and an average target price of $71.40.

Equity Residential Stock Performance

NYSE EQR opened at $68.20 on Thursday. The firm’s fifty day moving average price is $67.16 and its two-hundred day moving average price is $63.86. The stock has a market cap of $25.57 billion, a PE ratio of 27.28, a PEG ratio of 5.42 and a beta of 0.74. Equity Residential has a fifty-two week low of $57.57 and a fifty-two week high of $71.50. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.18 and a current ratio of 0.18.

Equity Residential (NYSE:EQR) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.09). Equity Residential had a net margin of 30.63% and a return on equity of 8.57%. The firm had revenue of $779.85 million during the quarter, compared to the consensus estimate of $781.79 million. During the same quarter in the previous year, the company posted $0.95 earnings per share. The firm’s revenue 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, equities analysts expect that Equity Residential will post 4.09 EPS for the current fiscal year.

Equity Residential Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 29th were issued a $0.7025 dividend. This represents a $2.81 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Monday, June 29th. Equity Residential’s dividend payout ratio is presently 112.40%.

Equity Residential Company 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.