SG Americas Securities LLC reduced its position in shares of Education Realty Trust, Inc. (NYSE:EDR) by 51.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,840 shares of the real estate investment trust’s stock after selling 14,823 shares during the quarter. SG Americas Securities LLC’s holdings in Education Realty Trust were worth $497,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Education Realty Trust by 10.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,917 shares of the real estate investment trust’s stock valued at $191,000 after acquiring an additional 477 shares during the last quarter. GAM Holding AG increased its stake in shares of Education Realty Trust by 5.0% in the 2nd quarter. GAM Holding AG now owns 6,360 shares of the real estate investment trust’s stock valued at $246,000 after acquiring an additional 300 shares during the last quarter. Riverhead Capital Management LLC increased its stake in shares of Education Realty Trust by 87.7% in the 2nd quarter. Riverhead Capital Management LLC now owns 6,758 shares of the real estate investment trust’s stock valued at $262,000 after acquiring an additional 3,158 shares during the last quarter. ETRADE Capital Management LLC increased its stake in shares of Education Realty Trust by 4.5% in the 2nd quarter. ETRADE Capital Management LLC now owns 7,534 shares of the real estate investment trust’s stock valued at $292,000 after acquiring an additional 323 shares during the last quarter. Finally, Ramsey Quantitative Systems bought a new stake in shares of Education Realty Trust in the 2nd quarter valued at about $311,000.

Education Realty Trust, Inc. (EDR) opened at $36.00 on Tuesday. 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 12-month low of $34.67 and a 12-month high of $42.80. The stock has a market capitalization of $2,727.10, a P/E ratio of 18.95, a P/E/G ratio of 3.16 and a beta of 0.44.

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 (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.31). Education Realty Trust had a net margin of 11.33% and a return on equity of 2.01%. The business had revenue of $75.36 million during the quarter, compared to analyst estimates of $69.22 million. During the same quarter in the prior year, the firm posted $0.26 earnings per share. Education Realty Trust’s revenue for the quarter was up 13.8% compared to the same quarter last year. research analysts anticipate that Education Realty Trust, Inc. will post 1.9 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st were given a $0.39 dividend. The ex-dividend date of this dividend was Monday, October 30th. This represents a $1.56 annualized dividend and a dividend yield of 4.33%. Education Realty Trust’s dividend payout ratio is presently 339.14%.

In other Education Realty Trust news, VP Edwin B. Brewer, Jr. acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The stock was acquired at an average cost of $35.01 per share, for a total transaction of $175,050.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Chairman Randy L. Churchey acquired 20,000 shares of the firm’s 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 in the company, valued at approximately $5,234,205.06. The disclosure for this purchase can be found here. 0.50% of the stock is currently owned by insiders.

A number of analysts have recently commented on EDR shares. KeyCorp reaffirmed a “buy” rating and issued a $47.00 price target on shares of Education Realty Trust in a research note on Wednesday, September 6th. Robert W. Baird reaffirmed an “outperform” rating and issued a $40.00 price target (down from $45.00) on shares of Education Realty Trust in a research note on Monday, October 2nd. FBR & Co reaffirmed a “buy” rating and issued a $44.00 price target on shares of Education Realty Trust in a research note on Monday, October 30th. Royal Bank of Canada lowered their price target on Education Realty Trust from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, November 8th. Finally, B. Riley reaffirmed a “buy” rating on shares of Education Realty Trust in a research note on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $41.60.

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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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