Economy

Essex Property Trust, Inc. (NYSE:ESS) Valuation According To Analysts

05/18/2017 - Essex Property Trust, Inc. was downgraded to "hold" by analysts at SunTrust. The institutional investor held 119,243 shares of the health care company at the end of 2017Q2, valued at $2.94 million, down from 177,403 at the end of the previous reported quarter. The stock decreased 0.08% or $0.02 on October 6, reaching $25.71. Also, CEO Michael J. Schall sold 333 shares of the business's stock in a transaction dated Thursday, August 10th. It has outperformed by 249.78% the S&P500.

ESS has been the subject of a number of recent research reports. Stifel Nicolaus maintained Conagra Brands Inc (NYSE:CAG) rating on Monday, July 24. Gateway Inv Advisers Limited Co holds 0.01% or 5,655 shares. Essex Ppty Tr Inc now has $17.00 billion valuation. The stock rose 0.10% or $0.22 reaching $221 per share. About 353,900 shares traded or 3.29% up from the average. $1.66M worth of Essex Property Trust Inc (NYSE:ESS) was sold by Burkart John F. It has underperformed by 1.69% the S&P500.

Investors of record on Friday, September 29th will be paid a dividend of $1.75 per share. Its up 0.30, from 0.87 in 2017Q1. It is positive, as 22 investors sold ESS shares while 131 reduced holdings.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Moreover, Honeywell Interest has 0.16% invested in Essex Property Trust Inc (NYSE:ESS). Nomura Asset Mngmt holds 50,832 shares. Azimuth Mngmt owns 1,400 shares. Oregon Pub Employees Retirement Fund holds 6,905 shares or 0.03% of its portfolio. Essex Property Trust Inc (NYSE:ESS) has risen 15.01% since October 6, 2016 and is uptrending. Alps Advisors Inc. now owns 5,598 shares of the real estate investment trust's stock worth $1,440,000 after purchasing an additional 30 shares during the period. 150,603 are held by Standard Life Investments Limited.

Having a price of $266.23, Essex Property Trust Inc (NYSE:ESS) traded -0.02% lower on the day. Oppenheimer And Incorporated invested in 14,128 shares. Its up 2.37% from 12.44M shares previously.

Since May 8, 2017, it had 0 buys, and 12 sales for $10.05 million activity. The stock of Essex Property Trust Inc (NYSE:ESS) earned "Overweight" rating by KeyBanc Capital Markets on Friday, December 16. $1.73M worth of stock was sold by ZIMMERMAN CRAIG K on Friday, May 12. Another trade for 1,024 shares valued at $260,321 was made by LYONS IRVING F III on Thursday, May 18. It also increased its holding in Nrg Energy Inc (NYSE:NRG) by 102,641 shares in the quarter, for a total of 162,341 shares, and has risen its stake in Northern Dynasty Minerals Lt (NYSEMKT:NAK). The insider Kleiman Angela L. sold 3,417 shares worth $862,280. Essex Property Trust, Inc. Parametric Port Assoc Ltd Liability stated it has 0.04% in Essex Property Trust Inc (NYSE:ESS). Therefore 38% are positive. Royal Bank Of Canada reiterated a "buy" rating and set a $267.00 price target on shares of Essex Property Trust in a report on Sunday, July 16th. The ex-dividend date is Thursday, September 28th. Canaccord Genuity maintained the stock with "Hold" rating in Monday, July 31 report. As per Wednesday, August 10, the company rating was maintained by Jefferies. JP Morgan initiated it with "Overweight" rating and $233 target in Tuesday, December 13 report. The firm earned "Underperform" rating on Monday, June 12 by Evercore. The stock has "Hold" rating by Sandler O'Neill on Monday, May 2. The rating was downgraded by Zelman on Wednesday, January 27 to "Sell". EUDY JOHN D sold 167 shares worth $43,921. The stock has "Buy" rating by Cantor Fitzgerald on Thursday, July 27. Franklin Res owns 43,904 shares. Following the transaction, the chief executive officer now owns 45,096 shares in the company, valued at approximately $11,903,991.12. It also reduced its holding in Pldt Inc Sponsored Adr by 27,000 shares in the quarter, leaving it with 342,568 shares, and cut its stake in Apartment Invt & Mgmt Co Cl A (NYSE:AIV). Creative Planning invested 0% of its portfolio in CUI Global Inc (NASDAQ:CUI). 229.51 million shares or 1.10% less from 232.07 million shares in 2017Q1 were reported. It improved, as 34 investors sold EXEL shares while 64 reduced holdings. 63 funds opened positions while 168 raised stakes. Cohen Steers Inc invested in 3.68% or 5.40 million shares. Barnett & Commerce holds 1.42% or 61,450 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt holds 4,874 shares or 0.02% of its portfolio. Navellier & Associates Inc reported 42,811 shares. Asset Mngmt has invested 0.05% in Conagra Brands Inc (NYSE:CAG). Hartford Investment Mgmt Com has invested 0.22% in FedEx Corporation (NYSE:FDX). 316.73 million shares or 0.39% more from 315.51 million shares in 2017Q1 were reported. Moody Bank Tru Division invested in 0.03% or 2,018 shares. Moreover, Amalgamated Bancorporation has 0.21% invested in FedEx Corporation (NYSE:FDX). (NYSE:CIT). Hutchin Hill Cap Lp accumulated 15,200 shares. (NYSE:CIT) or 12,380 shares. The Texas-based Hbk Invests Limited Partnership has invested 0.26% in Conagra Brands Inc (NYSE:CAG). The average stock price target is $245.46 with 4 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 16 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell. Therefore 54% are positive. Exelixis had 30 analyst reports since January 19, 2016 according to SRatingsIntel. The company was maintained on Wednesday, February 3 by Oppenheimer. (NASDAQ:EXEL) earned "Buy" rating by Leerink Swann on Wednesday, August 16. The firm has "Hold" rating by Canaccord Genuity given on Tuesday, November 3. The firm has "Buy" rating given on Wednesday, June 21 by Robert W. Baird. Keefe Bruyette & Woods maintained CIT Group Inc. (NYSE:DG). Catalyst Cap Advisors Limited Com holds 0.17% of its portfolio in Dollar General Corp. Jefferies has "Hold" rating and $258.0 target. July 18 investment analysts at Barclays kept the company rating at "Overweight" and raised the price expectation from $243.00 to $269.00. The stock of CIT Group Inc. The stock of FedEx Corporation (NYSE:FDX) has "Sector Perform" rating given on Thursday, September 17 by RBC Capital Markets.



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