Essex Property Trust (NYSE:ESS – Get Free Report) had its price objective decreased by Evercore ISI from $247.00 to $235.00 in a research note issued to investors on Monday, FlyOnTheWall reports. Evercore ISI’s target price indicates a potential upside of 8.83% from the company’s current price.
Several other research analysts have also commented on the company. Truist Financial lowered Essex Property Trust from a “buy” rating to a “hold” rating and raised their price target for the stock from $255.00 to $266.00 in a research report on Monday, August 28th. JPMorgan Chase & Co. raised their price objective on shares of Essex Property Trust from $252.00 to $268.00 and gave the company a “neutral” rating in a research note on Monday, August 21st. Morgan Stanley upped their target price on shares of Essex Property Trust from $228.50 to $244.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 19th. Wedbush assumed coverage on shares of Essex Property Trust in a research report on Tuesday, October 3rd. They issued a “neutral” rating and a $225.00 price target for the company. Finally, Stifel Nicolaus lowered Essex Property Trust from a “buy” rating to a “hold” rating and upped their price objective for the stock from $245.00 to $250.00 in a research report on Monday, July 17th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $239.71.
View Our Latest Research Report on Essex Property Trust
Essex Property Trust Stock Performance
Shares of Essex Property Trust stock opened at $215.93 on Monday. The business’s fifty day simple moving average is $230.24 and its 200-day simple moving average is $224.82. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.03. The firm has a market cap of $13.86 billion, a PE ratio of 26.27, a price-to-earnings-growth ratio of 2.24 and a beta of 0.79. Essex Property Trust has a 52 week low of $195.03 and a 52 week high of $248.80.
Institutional Trading of Essex Property Trust
Hedge funds and other institutional investors have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC boosted its position in shares of Essex Property Trust by 100.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 120 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 60 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in shares of Essex Property Trust in the first quarter valued at approximately $26,000. Clear Street Markets LLC grew its position in shares of Essex Property Trust by 89.4% during the first quarter. Clear Street Markets LLC now owns 125 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 59 shares during the last quarter. Gradient Investments LLC acquired a new position in shares of Essex Property Trust in the 1st quarter valued at $27,000. Finally, Pacific Center for Financial Services purchased a new stake in Essex Property Trust in the 1st quarter valued at $30,000. Institutional investors and hedge funds own 92.93% of the company’s stock.
Essex Property Trust Company Profile
Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Click the link below and we’ll send you MarketBeat’s list of seven best retirement stocks and why they should be in your portfolio.
Dfpg Investments LLC raised its stake in Essex Property Trust, Inc. (NYSE:ESS – Free Report) by 76.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 7,648 shares of the real estate investment trust’s stock after purchasing an additional 3,319 shares during the period. Dfpg Investments LLC’s holdings in Essex Property Trust were worth $1,859,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of ESS. Steward Partners Investment Advisory LLC grew its stake in Essex Property Trust by 100.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 120 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares in the last quarter. Newbridge Financial Services Group Inc. bought a new stake in shares of Essex Property Trust in the 1st quarter valued at approximately $26,000. Clear Street Markets LLC raised its position in shares of Essex Property Trust by 89.4% during the 1st quarter. Clear Street Markets LLC now owns 125 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 59 shares in the last quarter. Gradient Investments LLC bought a new position in Essex Property Trust during the first quarter worth $27,000. Finally, Pacific Center for Financial Services acquired a new position in Essex Property Trust in the first quarter worth $30,000. Institutional investors and hedge funds own 92.93% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on ESS shares. Morgan Stanley raised their price target on shares of Essex Property Trust from $228.50 to $244.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 19th. Citigroup downgraded Essex Property Trust from a “buy” rating to a “neutral” rating and decreased their target price for the company from $280.00 to $260.00 in a research note on Thursday, September 7th. Wedbush assumed coverage on Essex Property Trust in a research report on Tuesday. They set a “neutral” rating and a $225.00 price target on the stock. Wells Fargo & Company reduced their price objective on Essex Property Trust from $247.00 to $244.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 12th. Finally, Truist Financial lowered Essex Property Trust from a “buy” rating to a “hold” rating and increased their target price for the stock from $255.00 to $266.00 in a research report on Monday, August 28th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $242.33.
Check Out Our Latest Stock Analysis on ESS
Essex Property Trust Stock Up 1.2 %
Shares of ESS stock opened at $212.36 on Friday. Essex Property Trust, Inc. has a 1 year low of $195.03 and a 1 year high of $248.80. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.27 and a current ratio of 1.27. The business’s fifty day moving average is $230.66 and its 200-day moving average is $224.46. The stock has a market cap of $13.63 billion, a PE ratio of 25.83, a price-to-earnings-growth ratio of 2.18 and a beta of 0.79.
Essex Property Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be given a $2.31 dividend. This represents a $9.24 annualized dividend and a yield of 4.35%. The ex-dividend date of this dividend is Thursday, September 28th. Essex Property Trust’s dividend payout ratio (DPR) is presently 112.41%.
Essex Property Trust Company Profile
Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
See Also
Want to see what other hedge funds are holding ESS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Essex Property Trust, Inc. (NYSE:ESS – Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Stock analysts at StockNews.com assumed coverage on shares of Essex Property Trust (NYSE:ESS – Get Free Report) in a note issued to investors on Thursday. The firm set a “hold” rating on the real estate investment trust’s stock.
Several other equities analysts also recently weighed in on ESS. Morgan Stanley raised their price objective on Essex Property Trust from $228.50 to $244.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 19th. JPMorgan Chase & Co. lifted their target price on Essex Property Trust from $252.00 to $268.00 and gave the company a “neutral” rating in a report on Monday, August 21st. Royal Bank of Canada lifted their target price on Essex Property Trust from $249.00 to $255.00 and gave the stock an “outperform” rating in a research report on Monday, July 31st. Truist Financial lowered Essex Property Trust from a “buy” rating to a “hold” rating and boosted their price objective for the company from $255.00 to $266.00 in a report on Monday, August 28th. Finally, Wedbush initiated coverage on Essex Property Trust in a research report on Tuesday. They set a “neutral” rating and a $225.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $242.33.
Check Out Our Latest Analysis on ESS
Essex Property Trust Stock Up 1.2 %
Shares of NYSE ESS opened at $212.36 on Thursday. The stock has a market cap of $13.63 billion, a PE ratio of 25.83, a price-to-earnings-growth ratio of 2.16 and a beta of 0.79. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.03. Essex Property Trust has a 52-week low of $195.03 and a 52-week high of $248.80. The business has a 50-day moving average price of $230.66 and a 200 day moving average price of $224.46.
Institutional Investors Weigh In On Essex Property Trust
Several hedge funds have recently bought and sold shares of ESS. Wetherby Asset Management Inc. increased its stake in Essex Property Trust by 7.6% in the first quarter. Wetherby Asset Management Inc. now owns 635 shares of the real estate investment trust’s stock valued at $219,000 after acquiring an additional 45 shares during the last quarter. Simplicity Solutions LLC boosted its holdings in Essex Property Trust by 4.8% during the second quarter. Simplicity Solutions LLC now owns 1,067 shares of the real estate investment trust’s stock worth $250,000 after purchasing an additional 49 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in Essex Property Trust by 25.3% during the first quarter. Lazard Asset Management LLC now owns 243 shares of the real estate investment trust’s stock worth $83,000 after purchasing an additional 49 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Essex Property Trust by 2.6% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 1,957 shares of the real estate investment trust’s stock valued at $409,000 after acquiring an additional 49 shares during the last quarter. Finally, Claro Advisors LLC lifted its stake in shares of Essex Property Trust by 2.0% during the 4th quarter. Claro Advisors LLC now owns 2,580 shares of the real estate investment trust’s stock valued at $547,000 after buying an additional 50 shares in the last quarter. 92.93% of the stock is currently owned by institutional investors and hedge funds.
Essex Property Trust Company Profile
Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Analysts at Wedbush assumed coverage on shares of Essex Property Trust (NYSE:ESS – Get Free Report) in a research note issued to investors on Tuesday, FlyOnTheWall reports. The firm set a “neutral” rating on the real estate investment trust’s stock.
A number of other equities research analysts have also recently commented on ESS. Stifel Nicolaus cut shares of Essex Property Trust from a “buy” rating to a “hold” rating and increased their price target for the company from $245.00 to $250.00 in a report on Monday, July 17th. Truist Financial cut shares of Essex Property Trust from a “buy” rating to a “hold” rating and increased their price target for the company from $255.00 to $266.00 in a report on Monday, August 28th. Royal Bank of Canada increased their price target on shares of Essex Property Trust from $249.00 to $255.00 and gave the company an “outperform” rating in a report on Monday, July 31st. Citigroup cut shares of Essex Property Trust from a “buy” rating to a “neutral” rating and cut their price target for the company from $280.00 to $260.00 in a report on Thursday, September 7th. Finally, Mizuho dropped their target price on shares of Essex Property Trust from $221.00 to $219.00 and set a “neutral” rating on the stock in a report on Tuesday, September 26th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Essex Property Trust has a consensus rating of “Hold” and an average target price of $243.20.
Essex Property Trust Price Performance
Shares of NYSE ESS opened at $208.85 on Tuesday. The company has a 50 day simple moving average of $232.29 and a two-hundred day simple moving average of $224.65. Essex Property Trust has a fifty-two week low of $195.03 and a fifty-two week high of $249.66. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.27 and a current ratio of 1.27. The company has a market capitalization of $13.40 billion, a price-to-earnings ratio of 25.41, a P/E/G ratio of 2.20 and a beta of 0.79.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Steward Partners Investment Advisory LLC raised its position in shares of Essex Property Trust by 100.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 120 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 60 shares during the period. Newbridge Financial Services Group Inc. bought a new stake in shares of Essex Property Trust during the 1st quarter valued at $26,000. Clear Street Markets LLC raised its position in shares of Essex Property Trust by 89.4% during the 1st quarter. Clear Street Markets LLC now owns 125 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 59 shares during the period. Gradient Investments LLC bought a new stake in shares of Essex Property Trust during the 1st quarter valued at $27,000. Finally, Pacific Center for Financial Services bought a new stake in shares of Essex Property Trust during the 1st quarter valued at $30,000. Hedge funds and other institutional investors own 92.93% of the company’s stock.
Essex Property Trust Company Profile
Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Do you expect the global demand for energy to shrink?! If not, it’s time to take a look at how energy stocks can play a part in your portfolio.
Hartford Investment Management Co. trimmed its position in shares of Essex Property Trust, Inc. (NYSE:ESS – Free Report) by 16.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,520 shares of the real estate investment trust’s stock after selling 915 shares during the period. Hartford Investment Management Co.’s holdings in Essex Property Trust were worth $1,059,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently added to or reduced their stakes in ESS. Steward Partners Investment Advisory LLC grew its position in shares of Essex Property Trust by 100.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 120 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 60 shares in the last quarter. Newbridge Financial Services Group Inc. purchased a new position in Essex Property Trust in the 1st quarter worth $26,000. Clear Street Markets LLC lifted its stake in shares of Essex Property Trust by 89.4% in the 1st quarter. Clear Street Markets LLC now owns 125 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 59 shares during the last quarter. Gradient Investments LLC purchased a new stake in shares of Essex Property Trust during the first quarter valued at approximately $27,000. Finally, Pacific Center for Financial Services bought a new position in shares of Essex Property Trust in the first quarter worth approximately $30,000. Hedge funds and other institutional investors own 92.93% of the company’s stock.
Essex Property Trust Price Performance
NYSE:ESS opened at $212.09 on Monday. The business’s 50-day moving average is $233.00 and its 200 day moving average is $224.67. Essex Property Trust, Inc. has a 12 month low of $195.03 and a 12 month high of $249.66. The company has a market capitalization of $13.61 billion, a P/E ratio of 25.80, a P/E/G ratio of 2.20 and a beta of 0.79. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.03.
Essex Property Trust Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be given a $2.31 dividend. This represents a $9.24 annualized dividend and a yield of 4.36%. The ex-dividend date is Thursday, September 28th. Essex Property Trust’s dividend payout ratio is presently 112.41%.
Analyst Ratings Changes
A number of equities research analysts have issued reports on ESS shares. JPMorgan Chase & Co. raised their price target on shares of Essex Property Trust from $252.00 to $268.00 and gave the stock a “neutral” rating in a report on Monday, August 21st. Morgan Stanley lifted their price objective on Essex Property Trust from $228.50 to $244.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 19th. Wells Fargo & Company dropped their price target on Essex Property Trust from $247.00 to $244.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 12th. Royal Bank of Canada lifted their target price on shares of Essex Property Trust from $249.00 to $255.00 and gave the company an “outperform” rating in a research note on Monday, July 31st. Finally, Citigroup cut shares of Essex Property Trust from a “buy” rating to a “neutral” rating and reduced their price target for the company from $280.00 to $260.00 in a research report on Thursday, September 7th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $243.20.
View Our Latest Stock Analysis on ESS
About Essex Property Trust
Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Essex Property Trust (NYSE:ESS – Get Free Report) had its target price dropped by analysts at Mizuho from $221.00 to $219.00 in a report released on Tuesday, FlyOnTheWall reports. Mizuho’s target price would indicate a potential upside of 1.24% from the company’s previous close.
Several other analysts have also commented on ESS. Stifel Nicolaus lowered Essex Property Trust from a “buy” rating to a “hold” rating and raised their target price for the stock from $245.00 to $250.00 in a report on Monday, July 17th. Morgan Stanley raised their target price on Essex Property Trust from $228.50 to $244.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 19th. Truist Financial lowered Essex Property Trust from a “buy” rating to a “hold” rating and raised their target price for the stock from $255.00 to $266.00 in a report on Monday, August 28th. Citigroup lowered Essex Property Trust from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $280.00 to $260.00 in a report on Thursday, September 7th. Finally, JPMorgan Chase & Co. raised their target price on Essex Property Trust from $252.00 to $268.00 and gave the stock a “neutral” rating in a report on Monday, August 21st. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $243.20.
Read Our Latest Analysis on ESS
Essex Property Trust Trading Up 0.3 %
Shares of NYSE:ESS opened at $216.31 on Tuesday. The stock has a market cap of $13.88 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 2.24 and a beta of 0.77. Essex Property Trust has a 52-week low of $195.03 and a 52-week high of $249.66. The business has a 50-day moving average price of $236.02 and a 200-day moving average price of $224.81. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.03.
Hedge Funds Weigh In On Essex Property Trust
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC boosted its stake in Essex Property Trust by 94.8% during the second quarter. Barclays PLC now owns 106,598 shares of the real estate investment trust’s stock worth $24,974,000 after buying an additional 51,887 shares during the last quarter. Portside Wealth Group LLC acquired a new position in Essex Property Trust during the second quarter worth $382,000. Virginia Retirement Systems ET AL acquired a new position in Essex Property Trust during the second quarter worth $1,446,000. Orion Portfolio Solutions LLC boosted its stake in Essex Property Trust by 8.4% during the second quarter. Orion Portfolio Solutions LLC now owns 1,174 shares of the real estate investment trust’s stock worth $275,000 after buying an additional 91 shares during the last quarter. Finally, Imprint Wealth LLC acquired a new position in Essex Property Trust during the second quarter worth $18,243,000. Institutional investors and hedge funds own 92.93% of the company’s stock.
Essex Property Trust Company Profile
Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Wondering when you’ll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Oak Thistle LLC bought a new position in Essex Property Trust, Inc. (NYSE:ESS – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,408 shares of the real estate investment trust’s stock, valued at approximately $504,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of ESS. Steward Partners Investment Advisory LLC grew its stake in Essex Property Trust by 100.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 120 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 60 shares during the period. Newbridge Financial Services Group Inc. acquired a new position in shares of Essex Property Trust in the 1st quarter valued at $26,000. Gradient Investments LLC acquired a new position in shares of Essex Property Trust in the 1st quarter valued at $27,000. US Asset Management LLC acquired a new position in shares of Essex Property Trust in the 4th quarter valued at $45,000. Finally, Ridgewood Investments LLC acquired a new position in shares of Essex Property Trust in the 1st quarter valued at $51,000. 92.78% of the stock is owned by hedge funds and other institutional investors.
Essex Property Trust Price Performance
Shares of NYSE:ESS opened at $244.53 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.02. Essex Property Trust, Inc. has a fifty-two week low of $195.03 and a fifty-two week high of $300.33. The firm has a 50-day simple moving average of $225.09 and a 200 day simple moving average of $220.45. The company has a market cap of $15.69 billion, a PE ratio of 32.43, a P/E/G ratio of 2.51 and a beta of 0.77.
Essex Property Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Friday, June 30th will be given a dividend of $2.31 per share. This represents a $9.24 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date of this dividend is Thursday, June 29th. Essex Property Trust’s dividend payout ratio is presently 122.55%.
Wall Street Analyst Weigh In
ESS has been the topic of a number of research analyst reports. Wells Fargo & Company initiated coverage on shares of Essex Property Trust in a report on Wednesday, March 29th. They issued an “underweight” rating and a $208.00 price target on the stock. Piper Sandler upgraded shares of Essex Property Trust from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $242.00 to $271.00 in a report on Monday, May 1st. 51job reiterated a “maintains” rating on shares of Essex Property Trust in a report on Friday, May 19th. Stifel Nicolaus decreased their price target on shares of Essex Property Trust from $260.00 to $245.00 in a report on Friday, April 28th. Finally, Barclays reduced their target price on shares of Essex Property Trust from $226.00 to $224.00 in a report on Wednesday, May 31st. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Essex Property Trust presently has a consensus rating of “Hold” and an average price target of $245.00.
Essex Property Trust Profile
Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 251 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Allspring Global Investments Holdings LLC cut its stake in Essex Property Trust, Inc. (NYSE:ESS – Free Report) by 71.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,587 shares of the real estate investment trust’s stock after selling 9,030 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Essex Property Trust were worth $750,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. National Bank of Canada FI grew its position in Essex Property Trust by 133.0% in the first quarter. National Bank of Canada FI now owns 4,416 shares of the real estate investment trust’s stock worth $924,000 after acquiring an additional 2,521 shares during the period. Vontobel Holding Ltd. lifted its holdings in Essex Property Trust by 100.0% during the 1st quarter. Vontobel Holding Ltd. now owns 9,586 shares of the real estate investment trust’s stock worth $2,005,000 after buying an additional 4,793 shares during the last quarter. Naviter Wealth LLC lifted its holdings in Essex Property Trust by 20.0% during the 1st quarter. Naviter Wealth LLC now owns 2,849 shares of the real estate investment trust’s stock worth $602,000 after buying an additional 475 shares during the last quarter. Mutual Advisors LLC purchased a new stake in Essex Property Trust during the 1st quarter worth about $308,000. Finally, Massmutual Trust Co. FSB ADV increased its position in shares of Essex Property Trust by 2.0% during the first quarter. Massmutual Trust Co. FSB ADV now owns 3,072 shares of the real estate investment trust’s stock worth $642,000 after purchasing an additional 59 shares in the last quarter. 92.78% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research firms have recently commented on ESS. StockNews.com began coverage on Essex Property Trust in a research report on Thursday, May 18th. They set a “hold” rating on the stock. Barclays dropped their price target on Essex Property Trust from $226.00 to $224.00 in a research report on Wednesday, May 31st. 22nd Century Group restated a “maintains” rating on shares of Essex Property Trust in a research report on Wednesday, May 31st. Mizuho dropped their price target on Essex Property Trust from $246.00 to $221.00 in a research report on Friday, May 19th. Finally, Wells Fargo & Company began coverage on Essex Property Trust in a research report on Wednesday, March 29th. They issued an “underweight” rating and a $208.00 price target on the stock. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $245.00.
Essex Property Trust Price Performance
ESS opened at $234.29 on Tuesday. The firm has a market cap of $15.04 billion, a price-to-earnings ratio of 31.07, a price-to-earnings-growth ratio of 2.44 and a beta of 0.77. Essex Property Trust, Inc. has a fifty-two week low of $195.03 and a fifty-two week high of $300.33. The company’s 50-day moving average price is $223.63 and its 200 day moving average price is $219.95. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.02.
Essex Property Trust Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Shareholders of record on Friday, June 30th will be paid a $2.31 dividend. The ex-dividend date is Thursday, June 29th. This represents a $9.24 annualized dividend and a dividend yield of 3.94%. Essex Property Trust’s payout ratio is currently 122.55%.
Essex Property Trust Company Profile
Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 251 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Featured Stories
Want to see what other hedge funds are holding ESS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Essex Property Trust, Inc. (NYSE:ESS – Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
If a company’s CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Dfpg Investments LLC increased its position in Essex Property Trust, Inc. (NYSE:ESS – Get Rating) by 162.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,329 shares of the real estate investment trust’s stock after purchasing an additional 2,679 shares during the period. Dfpg Investments LLC’s holdings in Essex Property Trust were worth $905,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ESS. Steward Partners Investment Advisory LLC grew its stake in Essex Property Trust by 100.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 120 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 60 shares during the period. US Asset Management LLC purchased a new stake in shares of Essex Property Trust in the fourth quarter worth $45,000. CENTRAL TRUST Co grew its stake in shares of Essex Property Trust by 51.3% in the third quarter. CENTRAL TRUST Co now owns 295 shares of the real estate investment trust’s stock worth $71,000 after acquiring an additional 100 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Essex Property Trust by 21.8% in the fourth quarter. Harbor Capital Advisors Inc. now owns 380 shares of the real estate investment trust’s stock worth $81,000 after acquiring an additional 68 shares during the last quarter. Finally, M&R Capital Management Inc. grew its stake in shares of Essex Property Trust by 1,650.0% in the first quarter. M&R Capital Management Inc. now owns 385 shares of the real estate investment trust’s stock worth $81,000 after acquiring an additional 363 shares during the last quarter. 92.78% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. Mizuho cut their target price on Essex Property Trust from $246.00 to $221.00 in a research note on Friday, May 19th. Truist Financial upped their price target on Essex Property Trust from $250.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, March 9th. Wolfe Research downgraded Essex Property Trust from a “peer perform” rating to an “underperform” rating and set a $204.00 price target on the stock. in a report on Monday, May 15th. Morgan Stanley upped their price target on Essex Property Trust from $242.00 to $246.00 and gave the company an “equal weight” rating in a report on Wednesday, March 1st. Finally, Barclays lowered their price target on Essex Property Trust from $226.00 to $224.00 in a report on Wednesday, May 31st. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Essex Property Trust presently has an average rating of “Hold” and a consensus target price of $245.09.
Essex Property Trust Stock Performance
NYSE:ESS opened at $232.68 on Thursday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.02. Essex Property Trust, Inc. has a 12-month low of $195.03 and a 12-month high of $300.33. The stock has a 50-day moving average price of $218.58 and a 200 day moving average price of $218.28. The stock has a market capitalization of $14.93 billion, a P/E ratio of 30.86, a P/E/G ratio of 2.47 and a beta of 0.75.
Essex Property Trust Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Friday, June 30th will be given a dividend of $2.31 per share. This represents a $9.24 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend is Thursday, June 29th. Essex Property Trust’s dividend payout ratio is currently 122.55%.
About Essex Property Trust
Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Essex Property Trust (NYSE:ESS – Get Rating)‘s stock had its “maintains” rating restated by equities research analysts at 22nd Century Group in a note issued to investors on Wednesday, Benzinga reports.
Other research analysts have also recently issued research reports about the company. Truist Financial lifted their target price on Essex Property Trust from $250.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, March 9th. Wells Fargo & Company assumed coverage on Essex Property Trust in a research note on Wednesday, March 29th. They set an “underweight” rating and a $208.00 price objective on the stock. Mizuho reduced their price objective on Essex Property Trust from $246.00 to $221.00 in a research note on Friday, May 19th. Piper Sandler upgraded Essex Property Trust from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $242.00 to $271.00 in a research note on Monday, May 1st. Finally, Royal Bank of Canada restated an “outperform” rating and set a $250.00 price objective on shares of Essex Property Trust in a research note on Thursday, February 9th. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Essex Property Trust has an average rating of “Hold” and an average price target of $245.09.
Essex Property Trust Price Performance
Shares of Essex Property Trust stock opened at $219.12 on Wednesday. Essex Property Trust has a twelve month low of $195.03 and a twelve month high of $300.33. The stock has a market capitalization of $14.06 billion, a P/E ratio of 29.06, a PEG ratio of 2.26 and a beta of 0.75. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.02. The business’s fifty day moving average price is $211.50 and its 200 day moving average price is $216.39.
Hedge Funds Weigh In On Essex Property Trust
Several institutional investors have recently made changes to their positions in ESS. Steward Partners Investment Advisory LLC grew its holdings in shares of Essex Property Trust by 100.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 120 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new position in shares of Essex Property Trust during the first quarter worth approximately $26,000. Clear Street Markets LLC boosted its position in shares of Essex Property Trust by 89.4% during the first quarter. Clear Street Markets LLC now owns 125 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 59 shares during the period. Gradient Investments LLC acquired a new position in shares of Essex Property Trust during the first quarter worth approximately $27,000. Finally, Pacific Center for Financial Services acquired a new position in shares of Essex Property Trust during the first quarter worth approximately $30,000. 91.76% of the stock is owned by institutional investors.
Essex Property Trust Company Profile
Essex Property Trust, Inc operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and redevelopment of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essex Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essex Property Trust wasn’t on the list.
While Essex Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
