Equity Residential (EQR) has gained significant traction, with 26,276 shares bought by Advisors Preferred LLC and 8,865 shares acquired by Kestra Private Wealth Services LLC. The board of EQR expandsto 11 members with the appointment of Chris Carr. Strategic purchases are also underway as Equity Residential bought $535M worth properties in Atlanta and closed leadership transitions. Despite a lowering of stock holdings by Victory Capital Management Inc. and others, entities like Y Intercept Hong Kong Ltd have increased their position in EQR. The company’s Chief Financial Officer is set to become its investmentchief, while the Chief Investment Officer announced his retirement. Q1 2025 revealed strong revenue growth for EQR. Analysts predict sustained growth in high-growth markets and dividend sustainability for Q2 2025. There are strategic moves in urban strength while troubles persist in LA and DC. A change in executive leadership suggests a potential shift towards urban growth. Despite fluctuations, Wall Street analysts recommend adding EQR stocks to portfolios, upscaling their rating to 'buy'. Some contrarian opportunities seem likely due to rising mortgage rates.
Equity Residential EQR News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Sat, 26 Jul 2025 22:24:02 GMT -
Rating 8
- Innovation 8
- Information 8
- Rumor -4
