Essex Property Trust, Inc. (ESS) Stock Rating Upgraded by BidaskClub

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25 August, 2017

Legal & General Group Plc now owns 495,852 shares of the real estate investment trust's stock worth $114,806,000 after buying an additional 33,007 shares during the period. Narrowing in further, the stock has been recently noted at -0.17% away from the 50 day high and 11.85% separated from the 50 day low. Citigroup Inc (NYSE:C) has risen 35.60% since August 24, 2016 and is uptrending. Mizuho raised shares of Essex Property Trust from a "neutral" rating to a "buy" rating and upped their price objective for the company from $199.00 to $212.00 in a report on Monday, May 1st. The hedge fund run by John Khoury held 1.20M shares of the consumer services company at the end of 2016Q4, valued at $277.91M, up from 959,566 at the end of the previous reported quarter. Essex Ppty Tr Inc now has $17.45B valuation. Long Pond Capital Lp bought 235,756 shares as the company's stock rose 11.60% with the market. State Board Of Administration Of Florida Retirement has 0.07% invested in Essex Property Trust Inc (NYSE:ESS) for 103,745 shares. It has underperformed by 1.69% the S&P500.

Essex Property Trust earned a media sentiment score of 0.17 on Accern's scale. Its up 0.17, from 0.82 in 2016Q3. It also reduced Vanguard Msci European Index E (VGK) stake by 60,000 shares and now owns 40,000 shares. Advisors Asset Management Inc. raised its stake in Essex Property Trust by 118.0% in the first quarter. Contravisory Invest Mgmt Inc, a Massachusetts-based fund reported 124 shares. Moreover, South Dakota Invest Council has 1.28% invested in Bank of America Corp (NYSE:BAC) for 2.73 million shares. Korea Inv has invested 0% of its portfolio in Essex Property Trust Inc (NYSE:ESS). On August 9 the company was rated "Market Perform" according to a Raymond James report which is down from the previous "Outperform" rating. Blackrock Japan Limited has 0.07% invested in Essex Property Trust Inc (NYSE:ESS). Cypress Cap Limited Liability Corp (Wy) accumulated 0% or 67 shares. Kcg stated it has 1,700 shares or 0.01% of all its holdings. Jennison Assoc Ltd Liability Company has invested 0% in Essex Property Trust Inc (NYSE:ESS). Federated Investors Inc. PA now owns 1,837 shares of the real estate investment trust's stock worth $473,000 after buying an additional 159 shares during the last quarter. Whittier Trust Company Of Nevada holds 109 shares or 0% of its portfolio.

02/08/2017 - Essex Property Trust, Inc. had its "hold" rating reiterated by analysts at Canaccord Genuity.

Since February 22, 2017, it had 0 insider purchases, and 15 insider sales for $17.17 million activity. Also, insider Angela L. Kleiman sold 2,466 shares of the company's stock in a transaction dated Thursday, August 17th.

On June 12 the company was downgraded to "Underperform" from "Neutral" in a statement from Evercore ISI Group.

The stock of Essex Property Trust Inc (NYSE:ESS) is a huge mover today!

About 1,571 shares traded.

06/30/2017 - Essex Property Trust, Inc. was downgraded to "neutral" by analysts at BTIG Research. The insider Sears Janice L. sold $761,760.

Sumitomo Mitsui Trust Holdings Inc decreased Whole Foods Market Inc (NASDAQ:WFM) stake by 10,695 shares to 929,984 valued at $28.61M in 2016Q4. With an institutional ownership near 77.4%, it carries an earnings per share ratio of 9.01. The real estate investment trust reported $2.97 earnings per share for the quarter, topping analysts' consensus estimates of $2.92 by $0.05. Therefore 32% are positive.

12/15/2016 - Essex Property Trust, Inc. was upgraded to "overweight" by analysts at KeyBanc. Essex Property Trust Inc (NYSE:ESS) has risen 15.01% since August 24, 2016 and is uptrending. Wood maintained the shares of BAC in report on Friday, April 7 with "Outperform" rating. The company was downgraded on Wednesday, June 8 by Jefferies. The rating was maintained by RBC Capital Markets on Friday, July 14 with "Buy". Essex Property Trust now has a consensus rating of "Hold" and an average price target of $265.14. On Thursday, July 23 the stock rating was initiated by Canaccord Genuity with "Hold".

Investors sentiment increased to 0.99 in Q4 2016. Anderson Hoagland And invested in 20,020 shares. 1 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. Cohen Steers holds 4.65M shares. The Massachusetts-based Cadence Capital Management Llc has invested 0.04% in the stock. Daiwa Securities Gru invested 0.01% in Costco Wholesale Corporation (NASDAQ:COST). Great West Life Assurance Can reported 87,170 shares or 0.06% of all its holdings. Douglass Winthrop Advisors Limited Com stated it has 153,633 shares. The stock of British Land Company PLC (LON:BLND) has "Buy" rating given on Wednesday, October 21 by Investec. 6,020 are owned by Foundry Ptnrs Ltd Llc. Duff & Phelps Inv Management Co holds 1.31% or 391,448 shares in its portfolio.


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