Envestnet Asset Management Inc. Boosts Stake in Equity Residential (NYSE:EQR)

Envestnet Asset Management Inc. grew its stake in shares of Equity Residential ( NYSE:EQR – Free Report ) by 19.4% in the 4th quarter, HoldingsChannel.

com reports. The institutional investor owned 203,612 shares of the real estate investment trust’s stock after acquiring an additional 33,057 shares during the quarter. Envestnet Asset Management Inc.



’s holdings in Equity Residential were worth $14,611,000 at the end of the most recent reporting period. A number of other institutional investors also recently made changes to their positions in EQR. Keybank National Association OH boosted its stake in shares of Equity Residential by 2.

0% during the fourth quarter. Keybank National Association OH now owns 7,001 shares of the real estate investment trust’s stock valued at $502,000 after acquiring an additional 139 shares during the last quarter. AdvisorNet Financial Inc raised its stake in Equity Residential by 25.

3% in the 4th quarter. AdvisorNet Financial Inc now owns 722 shares of the real estate investment trust’s stock valued at $52,000 after purchasing an additional 146 shares during the last quarter. Transamerica Financial Advisors Inc.

lifted its holdings in Equity Residential by 4.1% in the 4th quarter. Transamerica Financial Advisors Inc.

now owns 3,827 shares of the real estate investment trust’s stock valued at $275,000 after purchasing an additional 151 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Equity Residential by 38.8% during the 4th quarter.

Smartleaf Asset Management LLC now owns 558 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 156 shares during the last quarter. Finally, Frank Rimerman Advisors LLC grew its holdings in shares of Equity Residential by 4.0% during the fourth quarter.

Frank Rimerman Advisors LLC now owns 5,604 shares of the real estate investment trust’s stock worth $402,000 after buying an additional 218 shares in the last quarter. 92.68% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets In other Equity Residential news, EVP Scott Fenster sold 5,340 shares of the stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $72.06, for a total value of $384,800.

40. Following the completion of the sale, the executive vice president now owns 35,507 shares of the company’s stock, valued at $2,558,634.42.

This trade represents a 13.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .

Also, CAO Ian Kaufman sold 642 shares of the business’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $72.06, for a total transaction of $46,262.

52. Following the transaction, the chief accounting officer now directly owns 25,539 shares in the company, valued at approximately $1,840,340.34.

The trade was a 2.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here .

Insiders have sold a total of 19,763 shares of company stock worth $1,424,217 over the last quarter. 1.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes Check Out Our Latest Stock Analysis on EQR Equity Residential Stock Performance Shares of EQR stock opened at $67.13 on Thursday. The company has a current ratio of 0.

36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.72.

The company has a market cap of $25.49 billion, a PE ratio of 24.68, a P/E/G ratio of 3.

99 and a beta of 0.85. The company’s fifty day simple moving average is $69.

88 and its 200-day simple moving average is $71.51. Equity Residential has a 52 week low of $59.

41 and a 52 week high of $78.84. Equity Residential Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th.

Shareholders of record on Monday, March 31st will be given a $0.6925 dividend. The ex-dividend date is Monday, March 31st.

This is a positive change from Equity Residential’s previous quarterly dividend of $0.68. This represents a $2.

77 annualized dividend and a yield of 4.13%. Equity Residential’s dividend payout ratio (DPR) is 101.

84%. Equity Residential Profile ( Free Report ) Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters.

Equity Residential owns or has investments in 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Featured Articles Want to see what other hedge funds are holding EQR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equity Residential ( NYSE:EQR – Free Report ).

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