Education Realty Trust Inc. (EDR) Shares Bought by Uniplan Investment Counsel Inc.

Uniplan Investment Counsel Inc. increased its holdings in shares of Education Realty Trust Inc. (NYSE:EDR) by 2.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 968,362 shares of the real estate investment trust’s stock after purchasing an additional 20,104 shares during the period. Education Realty Trust accounts for approximately 1.5% of Uniplan Investment Counsel Inc.’s holdings, making the stock its 25th largest position. Uniplan Investment Counsel Inc. owned about 1.28% of Education Realty Trust worth $34,793,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of EDR. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Education Realty Trust by 10.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,917 shares of the real estate investment trust’s stock worth $191,000 after acquiring an additional 477 shares during the period. GAM Holding AG boosted its holdings in shares of Education Realty Trust by 5.0% during the second quarter. GAM Holding AG now owns 6,360 shares of the real estate investment trust’s stock worth $246,000 after acquiring an additional 300 shares during the period. Riverhead Capital Management LLC boosted its holdings in shares of Education Realty Trust by 87.7% during the second quarter. Riverhead Capital Management LLC now owns 6,758 shares of the real estate investment trust’s stock worth $262,000 after acquiring an additional 3,158 shares during the period. Anchor Capital Advisors LLC boosted its holdings in shares of Education Realty Trust by 19.3% during the second quarter. Anchor Capital Advisors LLC now owns 7,410 shares of the real estate investment trust’s stock worth $287,000 after acquiring an additional 1,200 shares during the period. Finally, ETRADE Capital Management LLC boosted its holdings in shares of Education Realty Trust by 4.5% during the second quarter. ETRADE Capital Management LLC now owns 7,534 shares of the real estate investment trust’s stock worth $292,000 after acquiring an additional 323 shares during the period.

In other news, VP Edwin B. Brewer, Jr. acquired 5,000 shares of the stock in a transaction on Thursday, November 2nd. The stock was acquired at an average cost of $35.01 per share, for a total transaction of $175,050.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Randy L. Churchey acquired 20,000 shares of the stock in a transaction on Wednesday, November 1st. The shares were purchased at an average price of $35.01 per share, with a total value of $700,200.00. Following the completion of the transaction, the chairman now owns 149,506 shares of the company’s stock, valued at $5,234,205.06. The disclosure for this purchase can be found here. 0.50% of the stock is owned by insiders.

A number of equities research analysts have recently issued reports on the company. B. Riley restated a “buy” rating on shares of Education Realty Trust in a report on Wednesday, November 1st. Goldman Sachs Group upgraded Education Realty Trust from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $40.00 to $42.00 in a report on Thursday, August 10th. Robert W. Baird set a $38.00 price objective on Education Realty Trust and gave the stock a “buy” rating in a report on Tuesday, October 31st. FBR & Co reiterated a “buy” rating and issued a $44.00 price target on shares of Education Realty Trust in a research note on Monday, October 30th. Finally, Royal Bank Of Canada cut their price target on Education Realty Trust from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, November 8th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $41.60.

Shares of Education Realty Trust Inc. (NYSE EDR) opened at $35.53 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.29 and a quick ratio of 0.29. The stock has a market capitalization of $2,703.62, a P/E ratio of 18.78, a P/E/G ratio of 3.13 and a beta of 0.44. Education Realty Trust Inc. has a 12 month low of $34.67 and a 12 month high of $42.80.

Education Realty Trust (NYSE:EDR) last announced its quarterly earnings data on Monday, October 30th. The real estate investment trust reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.30 by ($0.31). Education Realty Trust had a net margin of 11.33% and a return on equity of 2.01%. The firm had revenue of $75.36 million for the quarter, compared to analyst estimates of $69.22 million. During the same quarter in the prior year, the firm earned $0.26 earnings per share. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. research analysts predict that Education Realty Trust Inc. will post 1.9 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Monday, October 30th. This represents a $1.56 annualized dividend and a yield of 4.39%. Education Realty Trust’s dividend payout ratio is currently 339.14%.

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Education Realty Trust Company Profile

Education Realty Trust, Inc (EdR) is a self-managed and self-advised real estate investment trust (REIT). The Trust is engaged in developing, acquiring, owning and managing collegiate housing communities located near university campuses. The Trust operates through three segments: collegiate housing leasing, development consulting services and management services.

Institutional Ownership by Quarter for Education Realty Trust (NYSE:EDR)

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