Hightower Advisors Llc decreased its stake in Equity Residential (EQR) by 6.16% based on its latest 2017Q3 regulatory filing with the SEC. Hightower Advisors Llc sold 5,241 shares as the company’s stock rose 6.45% with the market. The institutional investor held 79,819 shares of the real estate investment trusts company at the end of 2017Q3, valued at $5.26M, down from 85,060 at the end of the previous reported quarter. Hightower Advisors Llc who had been investing in Equity Residential for a number of months, seems to be less bullish one the $22.40 billion market cap company. The stock increased 0.63% or $0.37 during the last trading session, reaching $58.64. About 320,244 shares traded. Equity Residential (NYSE:EQR) has risen 2.77% since March 9, 2017 and is uptrending. It has underperformed by 13.93% the S&P500.
Aristotle Fund Lp increased its stake in Office Depot Inc. (ODP) by 8.9% based on its latest 2017Q3 regulatory filing with the SEC. Aristotle Fund Lp bought 336,000 shares as the company’s stock rose 10.79% with the market. The hedge fund held 4.11 million shares of the consumer services company at the end of 2017Q3, valued at $18.66M, up from 3.77M at the end of the previous reported quarter. Aristotle Fund Lp who had been investing in Office Depot Inc. for a number of months, seems to be bullish on the $1.36 billion market cap company. The stock increased 1.66% or $0.04 during the last trading session, reaching $2.45. About 922,253 shares traded. Office Depot, Inc. (NASDAQ:ODP) has risen 51.05% since March 9, 2017 and is uptrending. It has outperformed by 34.35% the S&P500.
Hightower Advisors Llc, which manages about $15.08B and $11.72B US Long portfolio, upped its stake in State Str Corp (NYSE:STT) by 10,129 shares to 47,530 shares, valued at $4.56 million in 2017Q3, according to the filing. It also increased its holding in Nektar Therapeutics (NASDAQ:NKTR) by 34,465 shares in the quarter, for a total of 36,065 shares, and has risen its stake in Broadridge Finl Solutions In (NYSE:BR).
Since February 7, 2018, it had 0 insider buys, and 9 sales for $1.03 million activity. Shares for $39,796 were sold by Kaufman Ian. $47,651 worth of Equity Residential (NYSE:EQR) was sold by Brackenridge Alexander on Wednesday, February 7. Manelis Michael L had sold 1,000 shares worth $57,618. $26,124 worth of Equity Residential (NYSE:EQR) was sold by Fenster Scott. On Wednesday, February 7 the insider Santee David S sold $325,179. Another trade for 7,355 shares valued at $427,929 was sold by Parrell Mark J..
Analysts await Equity Residential (NYSE:EQR) to report earnings on April, 24. They expect $0.78 earnings per share, up 5.41% or $0.04 from last year’s $0.74 per share. EQR’s profit will be $297.91M for 18.79 P/E if the $0.78 EPS becomes a reality. After $0.83 actual earnings per share reported by Equity Residential for the previous quarter, Wall Street now forecasts -6.02% negative EPS growth.
Investors sentiment decreased to 0.9 in Q3 2017. Its down 0.16, from 1.06 in 2017Q2. It fall, as 32 investors sold EQR shares while 163 reduced holdings. 36 funds opened positions while 139 raised stakes. 339.97 million shares or 3.22% more from 329.35 million shares in 2017Q2 were reported. Shell Asset Mgmt has invested 0.21% in Equity Residential (NYSE:EQR). Chemical Bankshares stated it has 0.07% in Equity Residential (NYSE:EQR). Moreover, Employees Retirement System Of Texas has 0.02% invested in Equity Residential (NYSE:EQR) for 20,000 shares. Anchor Cap Advsr Llc holds 0.01% or 4,225 shares in its portfolio. Delta Asset Management Limited Liability Company Tn stated it has 0.02% in Equity Residential (NYSE:EQR). Kcm Investment Advsrs Limited Com, California-based fund reported 3,185 shares. Aqr Management Llc accumulated 782,559 shares. Davis Selected Advisers accumulated 0.06% or 221,717 shares. Moreover, National Bank Of Nova Scotia has 0.02% invested in Equity Residential (NYSE:EQR). Texas-based Moody National Bank & Trust Trust Division has invested 0.03% in Equity Residential (NYSE:EQR). First Tru, a Pennsylvania-based fund reported 4,602 shares. Calamos Advisors Ltd Liability holds 39,104 shares. Ftb Advisors has invested 0.01% in Equity Residential (NYSE:EQR). Nj State Employees Deferred Compensation Plan has invested 0.18% in Equity Residential (NYSE:EQR). Ellington Mngmt Grp Incorporated Ltd Liability Corp stated it has 0.04% in Equity Residential (NYSE:EQR).
Among 25 analysts covering Equity Residential (NYSE:EQR), 6 have Buy rating, 1 Sell and 18 Hold. Therefore 24% are positive. Equity Residential had 83 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, September 9 by Miller Tabak. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, December 13. The firm has “Buy” rating by Argus Research given on Friday, April 28. The stock has “Hold” rating by BMO Capital Markets on Tuesday, January 9. The firm has “Neutral” rating given on Monday, October 31 by Mizuho. As per Tuesday, November 10, the company rating was initiated by BB&T Capital. The stock has “Hold” rating by Jefferies on Monday, February 5. The stock has “Hold” rating by Sandler O’Neill on Tuesday, October 27. UBS downgraded the shares of EQR in report on Thursday, July 6 to “Neutral” rating. The firm earned “Sector Perform” rating on Monday, February 8 by RBC Capital Markets.
Since October 13, 2017, it had 0 insider purchases, and 2 sales for $1.38 million activity. Another trade for 1,352 shares valued at $4,637 was made by RABINOVITCH MICHAEL on Friday, January 5.
Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.44, from 1.31 in 2017Q2. It dived, as 41 investors sold ODP shares while 83 reduced holdings. 27 funds opened positions while 81 raised stakes. 461.44 million shares or 1.55% less from 468.70 million shares in 2017Q2 were reported. Grp One Trading LP has 116,054 shares. California State Teachers Retirement Systems has invested 0.01% in Office Depot, Inc. (NASDAQ:ODP). The New York-based State Teachers Retirement System has invested 0.01% in Office Depot, Inc. (NASDAQ:ODP). Mycio Wealth Prtnrs Ltd Liability reported 0.01% of its portfolio in Office Depot, Inc. (NASDAQ:ODP). Manufacturers Life Ins The stated it has 1.13M shares. 65,545 were reported by Advantus Mgmt Inc. Martingale Asset Management L P, Massachusetts-based fund reported 444,513 shares. Oppenheimer Asset Mgmt Inc stated it has 2,136 shares. Morgan Stanley reported 3.61 million shares. 256,069 were reported by First Quadrant Ltd Partnership Ca. Quantbot LP holds 0.04% or 90,167 shares in its portfolio. Barclays Public Ltd Co reported 889,865 shares. Tortoise Inv Mgmt Ltd has invested 0% of its portfolio in Office Depot, Inc. (NASDAQ:ODP). Cutter & Brokerage Incorporated stated it has 20,700 shares or 0.04% of all its holdings. State Board Of Administration Of Florida Retirement invested in 389,436 shares.
Among 12 analysts covering Office Depot (NASDAQ:ODP), 3 have Buy rating, 3 Sell and 6 Hold. Therefore 25% are positive. Office Depot had 21 analyst reports since September 8, 2015 according to SRatingsIntel. As per Tuesday, September 8, the company rating was upgraded by B. Riley & Co. Telsey Advisory Group downgraded the stock to “Market Perform” rating in Wednesday, May 11 report. The rating was maintained by Jefferies with “Hold” on Wednesday, October 4. The rating was reinitiated by Bank of America with “Buy” on Friday, December 11. The firm has “Sell” rating by J.P. Morgan given on Monday, October 30. Jefferies maintained Office Depot, Inc. (NASDAQ:ODP) rating on Thursday, July 27. Jefferies has “Hold” rating and $500 target. Telsey Advisory Group maintained Office Depot, Inc. (NASDAQ:ODP) on Wednesday, February 24 with “Outperform” rating. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, October 28 report. On Tuesday, December 8 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. The firm earned “Outperform” rating on Monday, March 7 by Credit Suisse.