Schroder Investment Management Group acquired a new position in shares of Education Realty Trust, Inc. (NYSE:EDR) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 8,959 shares of the real estate investment trust’s stock, valued at approximately $321,000.

A number of other large investors have also recently bought and sold shares of EDR. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Education Realty Trust by 10.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,917 shares of the real estate investment trust’s stock valued at $191,000 after purchasing an additional 477 shares in the last quarter. GAM Holding AG grew its position in shares of Education Realty Trust by 5.0% in the second quarter. GAM Holding AG now owns 6,360 shares of the real estate investment trust’s stock valued at $246,000 after purchasing an additional 300 shares in the last quarter. Riverhead Capital Management LLC grew its position in shares of Education Realty Trust by 87.7% in the second quarter. Riverhead Capital Management LLC now owns 6,758 shares of the real estate investment trust’s stock valued at $262,000 after purchasing an additional 3,158 shares in the last quarter. ETRADE Capital Management LLC grew its position in shares of Education Realty Trust by 4.5% in the second quarter. ETRADE Capital Management LLC now owns 7,534 shares of the real estate investment trust’s stock valued at $292,000 after purchasing an additional 323 shares in the last quarter. Finally, Ramsey Quantitative Systems purchased a new stake in shares of Education Realty Trust in the second quarter valued at approximately $311,000.

Education Realty Trust, Inc. (NYSE EDR) opened at $36.63 on Tuesday. The firm has a market capitalization of $2,742.26, a P/E ratio of 19.05, a P/E/G ratio of 3.18 and a beta of 0.44. Education Realty Trust, Inc. has a 52-week low of $34.67 and a 52-week high of $42.80. 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 (NYSE:EDR) last issued its quarterly earnings data 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 business had revenue of $75.36 million during the quarter, compared to analysts’ expectations of $69.22 million. Education Realty Trust had a return on equity of 2.01% and a net margin of 11.33%. The company’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.26 earnings per share. analysts anticipate that Education Realty Trust, Inc. will post 1.9 EPS for the current fiscal year.

In other Education Realty Trust news, VP Edwin B. Brewer, Jr. acquired 5,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was bought at an average cost of $35.01 per share, for a total transaction of $175,050.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Randy L. Churchey acquired 20,000 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was acquired at an average price of $35.01 per share, with a total value of $700,200.00. Following the completion of the transaction, the chairman now directly owns 149,506 shares of the company’s stock, valued at approximately $5,234,205.06. The disclosure for this purchase can be found here. Corporate insiders own 0.50% of the company’s stock.

A number of equities research analysts have recently issued reports on the company. J P Morgan Chase & Co lowered Education Realty Trust from a “neutral” rating to an “underweight” rating in a research report on Friday. B. Riley set a $44.00 price target on Education Realty Trust and gave the company a “buy” rating in a research report on Tuesday, November 14th. Royal Bank of Canada dropped their price target on Education Realty Trust from $43.00 to $40.00 and set an “outperform” rating for the company in a research report on Wednesday, November 8th. Robert W. Baird set a $38.00 price target on Education Realty Trust and gave the company a “buy” rating in a research report on Tuesday, October 31st. Finally, FBR & Co restated a “buy” rating and issued a $44.00 price target on shares of Education Realty Trust in a research report on Monday, October 30th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $41.60.

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Education Realty Trust Company 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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