Apg Asset Management US Reduces $33M in Equity Residential ($EQR)
Key Points
- Apg Asset Management US changed its Equity Residential ($EQR) stake by 4.31% last quarter, cutting to 10,856,563 shares worth $737.49 million.
- Wall Street's consensus rating on $EQR is Buy and an average price target of $72.99.
- $EQR last traded around $67.93.
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Apg Asset Management US trimmed its position in Equity Residential ($EQR) by 4.31% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,856,563 shares of Equity Residential after selling 489,535 shares during the quarter. Apg Asset Management US's holdings in Equity Residential were worth $737.49 million as of its most recent filing.
Equity Residential Stock Up 3.0%
Shares of Equity Residential ($EQR) traded around $67.93 on Saturday, up 3.0% for the day.
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About Equity Residential
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, owns and manages 312 rental properties consisting of 85,520 apartment units in dynamic metro areas across the U.S. with a primary concentration in major coastal markets, diversified by a targeted presence in the high-growth metro areas of Atlanta, Austin, Dallas/Ft. Worth and Denver. Equity Residential was incorporated in 1993 and is based in Chicago, United States.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
