Consolidated Investment Group LLC Has $2.96 Million Stock Holdings in Equity Residential $EQR

Key Points

• Consolidated Investment Group LLC boosted its stake in Equity Residential by 56.7% to 47,000 shares, worth approximately $2.963 million at the end of the quarter.
• Company insiders sold a total of 10,058 shares (about $655,078) over the last quarter — including sales by EVP Robert Garechana and COO Michael Manelis — while insiders now own 1.10% of the stock.
• Equity Residential raised its quarterly dividend to $0.7025 (annualized $2.81), representing a 4.6% dividend yield and a payout ratio of 95.9%.

Consolidated Investment Group LLC grew its position in shares of Equity Residential (NYSE:EQR - Free Report) by 56.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,000 shares of the real estate investment trust's stock after buying an additional 17,000 shares during the period. Consolidated Investment Group LLC's holdings in Equity Residential were worth $2,963,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton increased its position in Equity Residential by 69.2% during the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust's stock worth $28,000 after buying an additional 180 shares during the period. CX Institutional increased its position in Equity Residential by 6.1% during the 3rd quarter. CX Institutional now owns 3,274 shares of the real estate investment trust's stock worth $212,000 after buying an additional 189 shares during the period. Summitry LLC increased its position in Equity Residential by 6.3% during the 3rd quarter. Summitry LLC now owns 3,193 shares of the real estate investment trust's stock worth $207,000 after buying an additional 189 shares during the period. Louisiana State Employees Retirement System increased its position in Equity Residential by 1.1% during the 3rd quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the real estate investment trust's stock worth $1,178,000 after buying an additional 200 shares during the period. Finally, MAI Capital Management increased its position in Equity Residential by 5.4% during the 3rd quarter. MAI Capital Management now owns 3,933 shares of the real estate investment trust's stock worth $255,000 after buying an additional 202 shares during the period. Institutional investors own 92.68% of the company's stock.

Insider Buying and Selling

In other Equity Residential news, EVP Robert Garechana sold 3,637 shares of Equity Residential stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $236,877.81. Following the transaction, the executive vice president owned 18,740 shares in the company, valued at $1,220,536.20. The trade was a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Michael L. Manelis sold 5,765 shares of Equity Residential stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total value of $375,474.45. Following the completion of the transaction, the chief operating officer owned 46,131 shares in the company, valued at approximately $3,004,512.03. This represents a 11.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 10,058 shares of company stock worth $655,078. Company insiders own 1.10% of the company's stock.

Equity Residential Stock Down 0.0%

Shares of NYSE EQR opened at $61.35 on Thursday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.31 and a current ratio of 0.31. Equity Residential has a 52 week low of $57.57 and a 52 week high of $72.40. The stock has a market capitalization of $23.16 billion, a P/E ratio of 20.94, a PEG ratio of 4.63 and a beta of 0.73. The stock's fifty day moving average is $61.53 and its 200 day moving average is $61.52.

Equity Residential (NYSE:EQR - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.01). Equity Residential had a return on equity of 9.98% and a net margin of 36.20%.The company had revenue of $781.91 million during the quarter, compared to the consensus estimate of $786.35 million. During the same quarter in the previous year, the business posted $1.00 EPS. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. Equity Residential has set its Q1 2026 guidance at 0.940-0.980 EPS and its FY 2026 guidance at 4.020-4.140 EPS. Sell-side analysts forecast that Equity Residential will post 3.98 earnings per share for the current fiscal year.

Equity Residential Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 30th were given a $0.7025 dividend. The ex-dividend date was Monday, March 30th. This is an increase from Equity Residential's previous quarterly dividend of $0.69. This represents a $2.81 dividend on an annualized basis and a dividend yield of 4.6%. Equity Residential's dividend payout ratio (DPR) is 95.90%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Cantor Fitzgerald increased their price objective on Equity Residential from $61.00 to $64.00 and gave the stock a "neutral" rating in a research report on Monday, February 9th. Deutsche Bank Aktiengesellschaft cut Equity Residential from a "buy" rating to a "hold" rating and set a $63.00 price objective on the stock. in a research report on Tuesday, January 20th. Scotiabank increased their price objective on Equity Residential from $66.00 to $67.00 and gave the stock a "sector perform" rating in a research report on Wednesday, March 4th. Royal Bank Of Canada lowered their price objective on Equity Residential from $68.00 to $67.00 and set an "outperform" rating on the stock in a research report on Monday. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Equity Residential in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, Equity Residential presently has a consensus rating of "Hold" and a consensus target price of $69.48.

Equity Residential Profile

Equity Residential NYSE: EQR is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company's core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.

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