Equity Residential (NYSE:EQR) has been the focus of considerable investment activity. Various major firms including Intech Investment Management, KLP Kapitalforvaltning AS, UniSuper Management Pty Ltd, and New Age Alpha Advisors LLC have all invested in the company, with the latter buying 84,208 shares. Other key players such as Vanguard Group Inc. and Norges Bank have also increased their holdings. Despite these purchases, other entities like American Century Companies Inc., Prudential Financial Inc., and Amundi have reduced their positions. Several institutions, such as HighTower Advisors LLC and Raymond James Financial Inc., maintain significant holdings. In other updates, EQR is slated to acquire eleven apartment communities in a strategic move. It has announced its 2025 Investor Day and its Q4 dividend of $0.69 per share. EQR has also met Q4 FFO Estimates and shows a rise in rental income year-over-year. The company expects a gradual apartment recovery in its valuation but acknowledges uncertainty in some locations. The company recently announced the acquisition of a $1 billion apartment portfolio from Blackstone Real Estate.
Equity Residential EQR News Analytics from Fri, 10 May 2024 07:00:00 GMT to Sat, 29 Mar 2025 23:48:48 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor -7
