Amica Pension Fund Board of Trustees lowered its stake in Education Realty Trust Inc. (NYSE:EDR) by 25.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,176 shares of the real estate investment trust’s stock after selling 19,325 shares during the quarter. Amica Pension Fund Board of Trustees owned about 0.07% of Education Realty Trust worth $2,018,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of EDR. People s United Financial Inc. grew its position in shares of Education Realty Trust by 0.8% during the second quarter. People s United Financial Inc. now owns 13,999 shares of the real estate investment trust’s stock worth $542,000 after purchasing an additional 105 shares in the last quarter. Capstone Asset Management Co. grew its position in shares of Education Realty Trust by 1.3% during the second quarter. Capstone Asset Management Co. now owns 8,560 shares of the real estate investment trust’s stock worth $332,000 after purchasing an additional 110 shares in the last quarter. Amalgamated Bank grew its position in shares of Education Realty Trust by 1.3% during the second quarter. Amalgamated Bank now owns 10,431 shares of the real estate investment trust’s stock worth $404,000 after purchasing an additional 135 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Education Realty Trust by 10.0% during the first quarter. PNC Financial Services Group Inc. now owns 2,697 shares of the real estate investment trust’s stock worth $110,000 after purchasing an additional 246 shares in the last quarter. Finally, Suntrust Banks Inc. grew its position in shares of Education Realty Trust by 0.3% during the second quarter. Suntrust Banks Inc. now owns 87,777 shares of the real estate investment trust’s stock worth $3,401,000 after purchasing an additional 300 shares in the last quarter.

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Several analysts recently issued reports on EDR shares. B. Riley set a $44.00 target price on Education Realty Trust and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Robert W. Baird set a $38.00 price target on Education Realty Trust and gave the company a “buy” rating in a report on Tuesday, October 31st. FBR & Co restated a “buy” rating and set a $44.00 price target on shares of Education Realty Trust in a report on Monday, October 30th. KeyCorp restated a “buy” rating and set a $47.00 price target on shares of Education Realty Trust in a report on Wednesday, September 6th. Finally, Goldman Sachs Group, Inc. (The) upgraded Education Realty Trust from a “neutral” rating to a “buy” rating and raised their price target for the company from $40.00 to $42.00 in a report on Thursday, August 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the stock. Education Realty Trust has an average rating of “Hold” and a consensus target price of $41.60.

Education Realty Trust Inc. (EDR) traded down $0.03 during midday trading on Friday, reaching $36.39. The company’s stock had a trading volume of 261,700 shares, compared to its average volume of 505,288. The stock has a market cap of $2,756.65, a PE ratio of 19.15, a PEG ratio of 3.19 and a beta of 0.43. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.29 and a quick ratio of 0.29. Education Realty Trust Inc. has a fifty-two week low of $34.67 and a fifty-two week high of $42.80.

Education Realty Trust (NYSE:EDR) last released its quarterly earnings results on Monday, October 30th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.31). The firm had revenue of $75.36 million for the quarter, compared to analysts’ expectations of $69.22 million. Education Realty Trust had a net margin of 11.33% and a return on equity of 2.01%. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.26 EPS. equities analysts predict that Education Realty Trust Inc. will post 1.9 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.29%. The ex-dividend date of this dividend was Monday, October 30th. Education Realty Trust’s dividend payout ratio is presently 339.14%.

In related news, Chairman Randy L. Churchey acquired 20,000 shares of the stock in a transaction dated Wednesday, November 1st. The stock was acquired at an average cost of $35.01 per share, with a total value of $700,200.00. Following the purchase, the chairman now directly owns 149,506 shares of the company’s stock, valued at $5,234,205.06. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Edwin B. Brewer, Jr. acquired 5,000 shares of the stock in a transaction dated Thursday, November 2nd. The stock was bought at an average cost of $35.01 per share, with a total value of $175,050.00. The disclosure for this purchase can be found here. Company insiders own 0.50% of the company’s stock.

Education Realty Trust Profile

Education Realty Trust, Inc (EdR) is a self-managed and self-advised real estate investment trust (REIT). The Trust is engaged in developing, acquiring, owning and managing collegiate housing communities located near university campuses. The Trust operates through three segments: collegiate housing leasing, development consulting services and management services.

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Institutional Ownership by Quarter for Education Realty Trust (NYSE:EDR)

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