GW&K Investment Management LLC Has $29.65 Million Position in Education Realty Trust, Inc. (NYSE:EDR)

GW&K Investment Management LLC boosted its holdings in Education Realty Trust, Inc. (NYSE:EDR) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 849,130 shares of the real estate investment trust’s stock after buying an additional 56,281 shares during the quarter. GW&K Investment Management LLC owned 1.12% of Education Realty Trust worth $29,652,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Deprince Race & Zollo Inc. boosted its stake in Education Realty Trust by 71.4% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 795,756 shares of the real estate investment trust’s stock worth $28,592,000 after purchasing an additional 331,464 shares during the period. Goldman Sachs Group Inc. boosted its stake in Education Realty Trust by 103.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 534,297 shares of the real estate investment trust’s stock worth $20,704,000 after purchasing an additional 271,415 shares during the period. Mesirow Financial Investment Management Equity Management acquired a new position in Education Realty Trust in the 3rd quarter worth approximately $8,084,000. Channing Capital Management LLC boosted its stake in Education Realty Trust by 15.6% in the 3rd quarter. Channing Capital Management LLC now owns 1,340,581 shares of the real estate investment trust’s stock worth $48,167,000 after purchasing an additional 180,768 shares during the period. Finally, Virginia Retirement Systems ET AL boosted its stake in Education Realty Trust by 252.4% in the 3rd quarter. Virginia Retirement Systems ET AL now owns 140,600 shares of the real estate investment trust’s stock worth $5,052,000 after purchasing an additional 100,700 shares during the period.

A number of equities analysts recently commented on the stock. B. Riley set a $44.00 price objective on shares of Education Realty Trust and gave the stock a “buy” rating in a research note on Tuesday, November 14th. JPMorgan Chase & Co. lowered shares of Education Realty Trust from a “neutral” rating to an “underweight” rating in a research note on Friday, December 15th. Royal Bank of Canada decreased their price objective on shares of 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. FBR & Co reissued a “buy” rating and set a $44.00 target price on shares of Education Realty Trust in a research note on Monday, October 30th. Finally, Robert W. Baird set a $38.00 target price on shares of Education Realty Trust and gave the company a “buy” rating in a research note on Tuesday, October 31st. Three analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $40.90.

Shares of Education Realty Trust, Inc. (NYSE EDR) traded up $0.74 during trading hours on Friday, hitting $31.04. 530,771 shares of the company’s stock were exchanged, compared to its average volume of 485,957. The firm has a market cap of $2,350.00, a price-to-earnings ratio of 67.48, a P/E/G ratio of 2.85 and a beta of 0.38. Education Realty Trust, Inc. has a 52 week low of $30.27 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 business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date is Tuesday, January 30th. Education Realty Trust’s dividend payout ratio (DPR) is currently 339.13%.

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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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