Centersquare Investment Management LLC Has $141.13 Million Position in Equity Residential $EQR

Centersquare Investment Management LLC cut its holdings in shares of Equity Residential (NYSE:EQR) by 16.7% during the fourth quarter, Holdings Channel reports. The fund owned 2,238,709 shares of the real estate investment trust’s stock after selling 448,228 shares during the quarter. Equity Residential comprises about 1.4% of Centersquare Investment Management LLC’s holdings, making the stock its 25th biggest holding. Centersquare Investment Management LLC’s holdings in Equity Residential were worth $141,128,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in EQR. Fulcrum Asset Management LLP bought a new position in Equity Residential during the 3rd quarter worth $27,000. Rosenberg Matthew Hamilton increased its position in Equity Residential by 69.2% during the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 180 shares during the period. Zions Bancorporation National Association UT increased its position in Equity Residential by 375.2% during the 4th quarter. Zions Bancorporation National Association UT now owns 480 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 379 shares during the period. Harvest Fund Management Co. Ltd bought a new position in Equity Residential during the 3rd quarter worth $31,000. Finally, Hantz Financial Services Inc. increased its position in Equity Residential by 434.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 439 shares during the period. Institutional investors own 92.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on EQR shares. JPMorgan Chase & Co. increased their price objective on Equity Residential from $71.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Equity Residential in a research report on Tuesday, April 21st. Piper Sandler reiterated a “neutral” rating and issued a $72.00 price target (down from $78.00) on shares of Equity Residential in a research note on Friday, May 29th. Wall Street Zen cut Equity Residential from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Wolfe Research upgraded Equity Residential from a “hold” rating to an “outperform” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $70.55.

Equity Residential Stock Down 1.3%

EQR stock opened at $66.71 on Friday. The company has a market cap of $25.00 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 5.37 and a beta of 0.75. The business has a 50-day simple moving average of $64.30 and a 200 day simple moving average of $62.64. Equity Residential has a 52 week low of $57.57 and a 52 week high of $70.18. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.77.

Equity Residential (NYSE:EQR) last posted 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). The company had revenue of $779.85 million during the quarter, compared to analyst estimates of $781.79 million. Equity Residential had a net margin of 30.63% and a return on equity of 8.57%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm earned $0.95 EPS. 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. Sell-side analysts anticipate that Equity Residential will post 4.09 EPS for the current fiscal year.

Equity Residential Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 30th were paid a $0.7025 dividend. This represents a $2.81 annualized dividend and a yield of 4.2%. This is a boost from Equity Residential’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Monday, March 30th. Equity Residential’s payout ratio is 112.40%.

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.