Essex Property Trust Inc

Author

20 June, 2017

The real estate investment trust reported $2.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.89 by $0.05. Essex Ppty Tr Inc now has $17.66B valuation. The stock rose 0.31% or $0.29 reaching $94.46 per share. 6,800 shares valued at $1.53 million were sold by ZIMMERMAN CRAIG K on Wednesday, February 15. Hudbay Minerals Inc (NYSE:HBM) has risen 39.53% since June 19, 2016 and is uptrending. It has outperformed by 3.59% the S&P500. 515142 shares were traded on Essex Property Trust, Inc.'s last session. It was reported on Jun, 19 by Barchart.com. Profund Advisors Ltd Company has 0.04% invested in Essex Property Trust Inc (NYSE:ESS). It has underperformed by 13.29% the S&P500.

Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.17, from 0.82 in 2016Q3. LYONS IRVING F III sold $260,321 worth of Essex Property Trust Inc (NYSE:ESS) on Thursday, May 18. 47 funds opened positions while 108 raised stakes. Great Lakes Advsr holds 2,098 shares. First Tru Limited Partnership owns 22,759 shares or 0.02% of their U.S. portfolio. Garland Cap Management Inc holds 2.6% or 15,610 shares. Norges Bank purchased a new position in Essex Property Trust during the fourth quarter worth approximately $115,399,000. Ameritas Invest Prns owns 0.1% invested in Essex Property Trust Inc (NYSE:ESS) for 8,165 shares. Great Lakes Lc has 0.01% invested in Essex Property Trust Inc (NYSE:ESS). Evercore upgraded Essex Property Trust Inc (NYSE:ESS) on Monday, November 28 to "Buy" rating. Natixis upgraded the stock to "Buy" rating in Tuesday, October 11 report. Stifel Finance Corp accumulated 0.01% or 21,013 shares. CVE's SI was 9.64 million shares in June as released by FINRA. The correct version of this story can be viewed at https://baseballnewssource.com/markets/essex-property-trust-inc-ess-shares-bought-by-norinchukin-bank-the-updated-updated-updated/799800.html. (ESS) traded up 0.96% during midday trading on Friday, reaching $266.30. The real estate investment trust reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. Citigroup holds 42,926 shares or 0% of its portfolio. (NASDAQ:VRA). Daruma Capital Limited Liability Corp accumulated 2.18% or 3.27M shares. BlackRock Inc. boosted its position in Essex Property Trust by 2,296.8% in the first quarter. Therefore 55% are positive. Jefferies has "Hold" rating and $23400 target. Essex Property Trust had 43 analyst reports since July 21, 2015 according to SRatingsIntel.

ESS has been the topic of a number of other research reports. The firm earned "Mkt Perform" rating on Tuesday, January 24 by JMP Securities. The rating was upgraded by KeyBanc Capital Markets to "Overweight" on Friday, December 16. On Thursday, March 30 the stock rating was maintained by RBC Capital Markets with "Buy". Jefferies Group LLC reissued a "hold" rating and issued a $234.00 price target on shares of Essex Property Trust in a research report on Tuesday, May 30th. The firm has "Neutral" rating by SunTrust given on Tuesday, July 21. They now have $261.00 target price on the real estate investment trust's stock. The firm has a market capitalization of $6.25 billion, a price-to-earnings ratio of 18.22 and a beta of 0.90. It has a 34.29 P/E ratio. Its segments include Southern California, Northern California, Seattle Metro and Other real estate assets. Also, insider John F. Burkart sold 167 shares of the stock in a transaction that occurred on Friday, May 19th. Sears Janice L. also sold $761,760 worth of Essex Property Trust Inc (NYSE:ESS) on Monday, May 22. Shell Asset Management Co. raised its position in Liberty Property Trust by 1.0% in the first quarter. It also upped Splunk Inc (NASDAQ:SPLK) stake by 90,483 shares and now owns 1.72M shares. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Columbia Property Trust by 49.0% in the third quarter. On average, equities research analysts expect that Essex Property Trust will post $6.04 earnings per share for the current fiscal year.

EPS in next five year years is expected to touch 6.00% while EPS growth in past 5 year was 114.50% along with sales growth of 7.90% in the last five years. ESS's profit will be $192.67 million for 22.95 P/E if the $2.91 EPS becomes a reality.

04/18/2017 - Essex Property Trust, Inc. had its " rating reiterated by analysts at Barclays. The insider HILLARD LLOYD C JR bought 2,000 shares worth $70,250. American Gru Inc has 23,553 shares. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company's stock. Therefore 43% are positive. Hudbay Minerals Inc had 12 analyst reports since July 21, 2015 according to SRatingsIntel. Goldman Sachs upgraded Cenovus Energy Inc (USA) (NYSE:CVE) on Tuesday, January 26 to "Buy" rating. BB&T Capital has "Buy" rating and $259.50 target. The firm has "Outperform" rating by BNP Paribas given on Monday, January 11. The firm earned "Outperform" rating on Thursday, September 29 by BMO Capital Markets. The firm earned "Overweight" rating on Monday, April 25 by JP Morgan.

The stock of Hudbay Minerals Inc (NYSE:HBM) is a huge mover today! As per Tuesday, October 25, the company rating was downgraded by Guggenheim. The rating was downgraded by UBS on Friday, August 14 to "Buy".

Investors sentiment decreased to 0.85 in Q4 2016. Its up 0.17, from 0.82 in 2016Q3. It improved, as 86 investors sold V shares while 540 reduced holdings. Amalgamated State Bank reported 13,175 shares. Moreover, Roosevelt Group Inc has 1.25% invested in Visa Inc (NYSE:V). Glg Ltd Liability reported 110,585 shares. Capital Mngmt Assoc New York stated it has 0.6% in Crescent Point Energy Corporation Ordinary Shares (Canada) (NYSE:CPG). Norinchukin Commercial Bank The invested in 0.02% or 3,975 shares.

About 27,049 shares traded. Investec Asset Mngmt Limited holds 4,100 shares. Nuveen Asset Ltd holds 418,963 shares.


More news


  • Rangers launch Europa League campaign against Progres Niederkorn of Luxembourg

    Rangers launch Europa League campaign against Progres Niederkorn of Luxembourg

    They play their matches at the Stade Jos Haupert, which holds fewer than 5,000 spectators. But should they progress into the next round, they could face a tricky trip to Cyprus.
    Dow, S&P 500 book records on resurgent tech sector

    Dow, S&P 500 book records on resurgent tech sector

    Advancing issues outnumbered declining ones on the NYSE by a 1.76-to-1 ratio; on Nasdaq, a 2.01-to-1 ratio favored advancers. Shares of Costco sunk almost 2 percent as the warehouse club continues to react to Amazon's major deal with Whole Foods .
    Grenfell Tower: 79 presumed dead in London fire

    Grenfell Tower: 79 presumed dead in London fire

    Police Commander Stuart Cundy said the number of 58 is based on reports from the public and may rise. Such a direct message from the monarch is rare and indicates the extent of the turmoil in Britain.
  • Norfolk Souther Corporation (NSC) Shares Sold by Trust Investment Advisors

    The institutional investor owned 10,850 shares of the railroad operator's stock after selling 1,020 shares during the period. Following the sale, the vice president now owns 6,529 shares of the company's stock, valued at approximately $768,202.14.
    Syrian warplane shot down by U.S.  jet

    Syrian warplane shot down by U.S. jet

    Coalition aircraft conducted a show of force and stopped the initial pro-regime advance toward the town, the Pentagon said. Navy shot down a Syrian regime jet.
    YotaPhone 3 Will Launch In Two Variants

    YotaPhone 3 Will Launch In Two Variants

    The then-Russian company's device was available for some regions including Russia and Europe, but sadly not in the United States. It was originally slated to arrive in mid-2016, but was pushed back to 2017 to straighten out financial and technical concerns.
  • Trump transition team orders former aides to preserve Russia-related materials

    Trump transition team orders former aides to preserve Russia-related materials

    It directs recipients to turn over relevant documents to the presidential transition team. Manafort, Page and Stone have also been linked to the Russian Federation investigations.
    May vows crackdown after van hits Muslims near London mosque

    May vows crackdown after van hits Muslims near London mosque

    The suspect was arrested earlier today, and security minister Ben Wallace has said he was not previously known to the authorities. A local imam, Mohammed Mahmoud, said he organized a group of people and shielded the man until police could take him away.

    Express Scripts Holding Company (ESRX) Stake Reduced by Pitcairn Co

    After $0.27 actual EPS reported by Hilltop Holdings Inc. for the previous quarter, Wall Street now forecasts 59.26% EPS growth. S&T Bank decreased its stake in Hollyfrontier Corp (HFC) by 24.06% based on its latest 2016Q4 regulatory filing with the SEC.
  • Jared Kushner speaks at tech event

    He specifically pointed to work that's already being done at the VA and even teased another "very big" announcement this coming Friday.
    Is Honda planning a Civic Type R with AWD?

    Is Honda planning a Civic Type R with AWD?

    The 2017 Honda Civic Type R has finally arrived in showrooms, marking the first time that the Civic Type R has been sold in the U.S.
    Girls stripped as uniform fees not paid

    Girls stripped as uniform fees not paid

    The principal and a female teacher of the school have been arrested, Sub-Divisional Police Officer Rajesh Kumar said . They could have called the father to school or there are so many welfare schemes.