Mutual of America Capital Management LLC lifted its position in shares of Education Realty Trust, Inc. (NYSE:EDR) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,690 shares of the real estate investment trust’s stock after acquiring an additional 3,033 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Education Realty Trust were worth $2,224,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its holdings in Education Realty Trust by 0.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 161,030 shares of the real estate investment trust’s stock worth $6,239,000 after buying an additional 1,329 shares during the period. Asset Management One Co. Ltd. lifted its holdings in Education Realty Trust by 0.7% during the 3rd quarter. Asset Management One Co. Ltd. now owns 239,368 shares of the real estate investment trust’s stock worth $8,585,000 after buying an additional 1,625 shares during the period. Pacer Advisors Inc. lifted its holdings in Education Realty Trust by 16.2% during the 3rd quarter. Pacer Advisors Inc. now owns 13,571 shares of the real estate investment trust’s stock worth $488,000 after buying an additional 1,895 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in Education Realty Trust by 2.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 83,353 shares of the real estate investment trust’s stock worth $2,995,000 after buying an additional 1,988 shares during the period. Finally, Voya Investment Management LLC lifted its holdings in Education Realty Trust by 10.2% during the 2nd quarter. Voya Investment Management LLC now owns 33,991 shares of the real estate investment trust’s stock worth $1,317,000 after buying an additional 3,159 shares during the period.

Education Realty Trust, Inc. (NYSE:EDR) opened at $31.18 on Tuesday. Education Realty Trust, Inc. has a 12-month low of $30.07 and a 12-month high of $42.44. 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 firm has a market capitalization of $2,351.37, a PE ratio of 16.34, a PEG ratio of 2.94 and a beta of 0.38.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.00%. The ex-dividend date of this dividend is Tuesday, January 30th. Education Realty Trust’s dividend payout ratio (DPR) is presently 339.14%.

Several research analysts have commented on EDR shares. B. Riley set a $44.00 target price on Education Realty Trust and gave the stock a “buy” rating in a report on Tuesday, January 2nd. Royal Bank of Canada cut their target price on Education Realty Trust from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, November 8th. Robert W. Baird set a $38.00 price objective on Education Realty Trust and gave the stock a “buy” rating in a research report on Tuesday, October 31st. KeyCorp reissued a “buy” rating and issued a $40.00 price objective on shares of Education Realty Trust in a research report on Thursday, December 21st. Finally, JPMorgan Chase & Co. lowered Education Realty Trust from a “neutral” rating to an “underweight” rating in a research report on Friday, December 15th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. Education Realty Trust has an average rating of “Hold” and a consensus target price 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.

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

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