J. Safra Sarasin Holding AG Invests $584,000 in Equity Residential $EQR

J. Safra Sarasin Holding AG purchased a new stake in Equity Residential (NYSE:EQR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,902 shares of the real estate investment trust’s stock, valued at approximately $584,000.

Other large investors have also made changes to their positions in the company. Fulcrum Asset Management LLP bought a new position in Equity Residential during the third quarter worth about $27,000. Rosenberg Matthew Hamilton increased its holdings in shares of Equity Residential by 69.2% in the fourth quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 180 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new stake in shares of Equity Residential during the third quarter worth about $31,000. Zions Bancorporation National Association UT raised its position in shares of Equity Residential by 375.2% during the fourth quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 379 shares during the period. Finally, DV Equities LLC bought a new position in shares of Equity Residential during the 4th quarter valued at about $30,000. Institutional investors own 92.68% of the company’s stock.

Equity Residential Trading Down 0.6%

NYSE:EQR opened at $68.29 on Thursday. Equity Residential has a twelve month low of $57.57 and a twelve month high of $71.50. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.77. The business has a 50 day moving average price of $66.87 and a two-hundred day moving average price of $63.67. The company has a market cap of $25.60 billion, a P/E ratio of 27.31, a price-to-earnings-growth ratio of 5.46 and a beta of 0.74.

Equity Residential (NYSE:EQR) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 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 analyst estimates of $781.79 million. During the same quarter in the previous year, the company posted $0.95 EPS. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. 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. As a group, analysts expect that Equity Residential will post 4.09 EPS for the current fiscal year.

Equity Residential Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on EQR. BMO Capital Markets increased their target price on Equity Residential from $68.00 to $75.00 and gave the stock a “market perform” rating in a research note on Monday, June 8th. The Goldman Sachs Group cut their price target on shares of Equity Residential from $71.00 to $69.00 and set a “neutral” rating on the stock in a research note on Thursday, April 16th. Weiss Ratings upgraded shares of Equity Residential from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 1st. Jefferies Financial Group raised shares of Equity Residential to a “hold” rating in a research report on Friday, June 26th. Finally, Mizuho raised their price objective on shares of Equity Residential from $66.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $70.80.

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.