Strs Ohio raised its stake in shares of Education Realty Trust, Inc. (NYSE:EDR) by 3.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 215,302 shares of the real estate investment trust’s stock after purchasing an additional 7,015 shares during the quarter. Strs Ohio’s holdings in Education Realty Trust were worth $7,518,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of EDR. Wells Fargo & Company MN grew its position in shares of Education Realty Trust by 7.5% during the 2nd quarter. Wells Fargo & Company MN now owns 81,325 shares of the real estate investment trust’s stock worth $3,152,000 after buying an additional 5,667 shares during the period. Teachers Advisors LLC grew its position in shares of Education Realty Trust by 9.9% during the 2nd quarter. Teachers Advisors LLC now owns 136,636 shares of the real estate investment trust’s stock worth $5,295,000 after buying an additional 12,271 shares during the period. TIAA CREF Investment Management LLC grew its position in shares of Education Realty Trust by 1.7% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 263,660 shares of the real estate investment trust’s stock worth $10,217,000 after buying an additional 4,506 shares during the period. Amalgamated Bank grew its position in shares of Education Realty Trust by 1.3% during the 2nd quarter. Amalgamated Bank now owns 10,431 shares of the real estate investment trust’s stock worth $404,000 after buying an additional 135 shares during the period. Finally, Thrivent Financial For Lutherans grew its position in shares of Education Realty Trust by 3.6% during the 2nd quarter. Thrivent Financial For Lutherans now owns 39,558 shares of the real estate investment trust’s stock worth $1,533,000 after buying an additional 1,360 shares during the period.

Education Realty Trust, Inc. (NYSE EDR) opened at $33.16 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 $32.87 and a 12-month high of $42.44. The stock has a market capitalization of $2,538.48, a P/E ratio of 17.64, a P/E/G ratio of 2.88 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 will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be given a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $1.56 annualized dividend and a dividend yield of 4.70%. 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.

Several equities analysts have recently issued reports on the company. B. Riley restated a “buy” rating on shares of Education Realty Trust in a research report on Wednesday, November 1st. Robert W. Baird restated an “outperform” rating and set a $40.00 target price (down from $45.00) on shares of Education Realty Trust in a research report on Monday, October 2nd. FBR & Co restated a “buy” rating and set a $44.00 target price on shares of Education Realty Trust in a research report on Monday, October 30th. JPMorgan Chase & Co. lowered Education Realty Trust from a “neutral” rating to an “underweight” rating in a research report on Friday, December 15th. Finally, KeyCorp restated a “buy” rating and set a $40.00 target price on shares of Education Realty Trust in a research report on Thursday, December 21st. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $40.90.

WARNING: “Strs Ohio Has $7.52 Million Stake in Education Realty Trust, Inc. (EDR)” was first reported by Watch List News and is owned by of Watch List News. If you are accessing this article on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The original version of this article can be viewed at https://www.watchlistnews.com/strs-ohio-has-7-52-million-stake-in-education-realty-trust-inc-edr/1832358.html.

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.

Want to see what other hedge funds are holding EDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Education Realty Trust, Inc. (NYSE:EDR).

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

Receive News & Ratings for Education Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Education Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.