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.