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Two firms cut their stakes in Equity Residential, while another slightly increased its holdings.
Gulf International Bank UK Ltd and Cookson Peirce & Co. Inc. reduced their holdings in Equity Residential (EQR) by 31.5% and 97.2%, respectively, during the first quarter of 2021.
Meanwhile, Avior Wealth Management LLC increased its stake by 177 shares.
EQR's stock has a "Hold" rating and an average price target of $77.78.
The company reported earnings per share of $0.99, in line with analyst estimates, and has a market cap of $24.48 billion.
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Dos empresas recortaron sus participaciones en Equity Residential, mientras que otra aumentó ligeramente sus participaciones.