Equity Residential
About: Equity Residential owns a portfolio of 312 apartment communities with over 84,000 units and is developing two additional properties with 655 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
Employees: 2,500
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
39% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 64
21% more repeat investments, than reductions
Existing positions increased: 263 | Existing positions reduced: 218
2% more funds holding
Funds holding: 671 [Q4 2024] → 687 (+16) [Q1 2025]
6% more call options, than puts
Call options by funds: $46.2M | Put options by funds: $43.5M
7% less funds holding in top 10
Funds holding in top 10: 14 [Q4 2024] → 13 (-1) [Q1 2025]
9.87% less ownership
Funds ownership: 93.56% [Q4 2024] → 83.69% (-9.87%) [Q1 2025]
11% less capital invested
Capital invested by funds: $25.5B [Q4 2024] → $22.8B (-$2.71B) [Q1 2025]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Evercore ISI Group Steve Sakwa | 12%upside $75 | Outperform Upgraded | 7 Jul 2025 |
Scotiabank Nicholas Yulico | 17%upside $78 | Sector Perform Maintained | 13 Jun 2025 |
Mizuho Vikram Malhorta | 6%upside $71 | Neutral Maintained | 23 May 2025 |
Barclays Richard Hightower | 24%upside $83 | Overweight Maintained | 9 May 2025 |
RBC Capital Brad Heffern | 14%upside $76 | Outperform Maintained | 1 May 2025 |
Financial journalist opinion
Based on 8 articles about EQR published over the past 30 days









