Quinn Opportunity Partners LLC Has $8.68 Million Stock Holdings in Equity Residential $EQR

Key Points

• Quinn Opportunity Partners LLC boosted its stake in Equity Residential by 57.6% to 134,065 shares, worth about $8.68 million at the end of the third quarter.
• Institutional investors now own 92.68% of EQR, while insiders sold 10,058 shares in the last 90 days and collectively hold just 1.10% of the stock.
• Sell‑side analysts have an average rating of Hold with an average price target of $69.70, though several firms recently nudged targets into the $70–$71 range.

Quinn Opportunity Partners LLC boosted its position in Equity Residential (NYSE:EQR - Free Report) by 57.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,065 shares of the real estate investment trust's stock after buying an additional 49,000 shares during the period. Quinn Opportunity Partners LLC's holdings in Equity Residential were worth $8,678,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Collier Financial bought a new stake in shares of Equity Residential during the third quarter valued at approximately $26,000. Hantz Financial Services Inc. lifted its holdings in shares of Equity Residential by 434.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 540 shares of the real estate investment trust's stock worth $35,000 after purchasing an additional 439 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Equity Residential by 203.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 780 shares of the real estate investment trust's stock valued at $50,000 after purchasing an additional 523 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in Equity Residential in the 2nd quarter valued at $61,000. Finally, MUFG Securities EMEA plc bought a new stake in Equity Residential during the 2nd quarter valued at $68,000. 92.68% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EQR has been the topic of several research reports. Evercore upped their price objective on shares of Equity Residential from $69.00 to $70.00 in a report on Monday, March 9th. Argus set a $70.00 price objective on shares of Equity Residential in a report on Thursday. Weiss Ratings reissued a "hold (c)" rating on shares of Equity Residential in a research report on Thursday, January 22nd. Cantor Fitzgerald upped their target price on shares of Equity Residential from $61.00 to $64.00 and gave the stock a "neutral" rating in a report on Monday, February 9th. Finally, The Goldman Sachs Group raised their price target on shares of Equity Residential from $69.00 to $71.00 and gave the company a "neutral" rating in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $69.70.

Equity Residential Price Performance

Equity Residential stock opened at $60.01 on Friday. The business's 50 day simple moving average is $62.34 and its 200 day simple moving average is $62.44. Equity Residential has a 12 month low of $58.38 and a 12 month high of $72.64. The company has a market cap of $22.66 billion, a price-to-earnings ratio of 20.48, a PEG ratio of 4.55 and a beta of 0.75. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.73.

Equity Residential (NYSE:EQR - Get Free Report) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $1.03 earnings per share (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 firm had revenue of $781.91 million during the quarter, compared to analysts' expectations of $786.35 million. During the same period in the prior year, the business earned $1.00 earnings per share. The business's quarterly revenue was up 2.0% compared to the same quarter last year. 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 EPS for the current year.

Insider Buying and Selling

In related news, EVP Catherine Carraway sold 656 shares of the business's stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $65.13, for a total value of $42,725.28. Following the sale, the executive vice president directly owned 18,339 shares in the company, valued at approximately $1,194,419.07. The trade was a 3.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Michael L. Manelis sold 5,765 shares of the company's stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $65.13, for a total transaction of $375,474.45. Following the sale, the chief operating officer directly owned 46,131 shares in the company, valued at approximately $3,004,512.03. This trade represents a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 10,058 shares of company stock valued at $655,078. 1.10% of the stock is owned by insiders.

About Equity Residential

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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