Coronation Fund Managers Ltd. Invests $15.20 Million in Equity Residential $EQR

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Coronation Fund Managers Ltd. has initiated a new position in Equity Residential (NYSE:EQR) during Q4, acquiring 241,124 shares valued at approximately $15.2 million. This investment represents about 0.06% of the company. Equity Residential recently reported Q4 EPS of $1.03, slightly missing estimates, and increased its quarterly dividend to $0.7025, resulting in an annualized yield of 4.5%.

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