SG Americas Securities LLC Has $885,000 Position in Education Realty Trust, Inc. (EDR)

SG Americas Securities LLC increased its stake in shares of Education Realty Trust, Inc. (NYSE:EDR) by 83.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,345 shares of the real estate investment trust’s stock after purchasing an additional 11,505 shares during the period. SG Americas Securities LLC’s holdings in Education Realty Trust were worth $885,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. GSA Capital Partners LLP acquired a new stake in shares of Education Realty Trust during the third quarter worth $792,000. New York State Common Retirement Fund grew its stake in shares of Education Realty Trust by 11.8% during the third quarter. New York State Common Retirement Fund now owns 137,678 shares of the real estate investment trust’s stock worth $4,947,000 after purchasing an additional 14,484 shares during the period. Palisade Capital Management LLC NJ grew its stake in shares of Education Realty Trust by 8.2% during the third quarter. Palisade Capital Management LLC NJ now owns 611,682 shares of the real estate investment trust’s stock worth $21,978,000 after purchasing an additional 46,613 shares during the period. California Public Employees Retirement System grew its stake in shares of Education Realty Trust by 6.4% during the third quarter. California Public Employees Retirement System now owns 115,469 shares of the real estate investment trust’s stock worth $4,149,000 after purchasing an additional 6,936 shares during the period. Finally, Comerica Bank grew its stake in shares of Education Realty Trust by 32.8% during the third quarter. Comerica Bank now owns 177,944 shares of the real estate investment trust’s stock worth $6,253,000 after purchasing an additional 43,990 shares during the period.

Education Realty Trust, Inc. (EDR) opened at $32.02 on Friday. Education Realty Trust, Inc. has a 52 week low of $30.07 and a 52 week high of $42.44. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $2,401.37, a PE ratio of 16.68, a price-to-earnings-growth ratio of 3.01 and a beta of 0.38.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st were given a dividend of $0.39 per share. The ex-dividend date was Tuesday, January 30th. This represents a $1.56 annualized dividend and a dividend yield of 4.87%. Education Realty Trust’s dividend payout ratio is currently 339.14%.

A number of research analysts have issued reports on the company. B. Riley set a $44.00 target price on Education Realty Trust and gave the company a “buy” rating in a research note on Tuesday, January 2nd. KeyCorp reissued a “buy” rating and issued a $40.00 target price on shares of Education Realty Trust in a research note on Thursday, December 21st. Robert W. Baird set a $38.00 target price on Education Realty Trust and gave the company a “buy” rating in a research note on Tuesday, October 31st. FBR & Co reissued a “buy” rating and issued a $44.00 target price on shares of Education Realty Trust in a research note on Monday, October 30th. Finally, Royal Bank of Canada decreased their target price 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. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $40.90.

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About Education Realty Trust

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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