Economy

AEW Capital Management LP Takes Position in Essex Property Trust, Inc. (ESS)

Presima Inc sold 36,700 shares as Essex Ppty Tr Inc (ESS)'s stock rose 11.60%. The institutional investor held 233,535 shares of the consumer services company at the end of 2017Q2, valued at $60.08M, down from 253,310 at the end of the previous reported quarter. The company has a market capitalization of $17.27 billion, a P/E ratio of 33.66 and a beta of 0.53.

Shares of Essex Property Trust (NYSE:ESS) traded down 0.74% on Friday, hitting $260.47. About 387,256 shares traded or 35.01% up from the average. Wetherby Asset Management Inc. acquired a new stake in shares of Essex Property Trust in the second quarter valued at about $203,000. It has underperformed by 1.69% the S&P500.

Shikiar Asset Management Inc decreased its stake in Aetna (AET) by 7.73% based on its latest 2017Q2 regulatory filing with the SEC. As of quarter end Sumitomo Mitsui Asset Management Company, Ltd had sold a total of 402 shares trimming its holdings by 4.7%. Tower Research Capital LLC TRC now owns 471 shares of the real estate investment trust's stock valued at $121,000 after acquiring an additional 279 shares in the last quarter. Shikiar Asset Management Inc who had been investing in Aetna for a number of months, seems to be less bullish one the $56.78B market cap company. The stock decreased 0.26% or $0.17 during the last trading session, reaching $64.61. About 1.76 million shares traded. Riverview Bancorp, Inc. (RVSB) has risen 41.24% since October 31, 2016 and is uptrending. It has outperformed by 12.14% the S&P500. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Therefore 38% are positive. Aetna has $200 highest and $12 lowest target. Pacad Limited holds 0.05% of its portfolio in Essex Property Trust Inc (NYSE:ESS) for 1,200 shares. (NYSE:ESS)'s stock had its "buy" rating restated by stock analysts at Barclays PLC in a report issued on Thursday, October 19th. The ex-dividend date was Wednesday, September 28th. The firm earned "Buy" rating on Thursday, August 25 by BTIG Research. The stock of Aetna Inc (NYSE:AET) has "Hold" rating given on Thursday, August 3 by Jefferies. They set a "buy" rating and a $294.00 price objective on the stock. Standpoint Research downgraded the stock to "Hold" rating in Monday, November 23 report. The firm earned "Mkt Perform" rating on Tuesday, January 24 by Leerink Swann.

The stock increased 1.14% or $2.96 on October 27, reaching $262.4. Citigroup holds 88,409 shares. Cantor Fitzgerald upgraded it to "Buy" rating and $251 target in Friday, September 18 report. Stockholders of record on Friday, September 29th were given a dividend of $1.75 per share. EUDY JOHN D sold 4,301 shares worth $1.09M.

Investors sentiment decreased to 0.69 in 2017 Q2. Its up 0.30, from 0.87 in 2017Q1. It turned negative, as 62 investors sold AET shares while 331 reduced holdings. 79 funds opened positions while 182 raised stakes. 290.06 million shares or 2.18% less from 296.52 million shares in 2017Q1 were reported. The Illinois-based Continental Advisors Llc has invested 0.43% in the stock. Farmers & Merchants Invs has invested 0% of its portfolio in Aetna Inc (NYSE:AET). Norman Fields Gottscho Mngmt Ltd Liability Corporation reported 3,500 shares. Mrj Cap accumulated 81,200 shares. Manufacturers Life Insurance The invested in 0.02% or 70,180 shares. Parkside Bancorporation & holds 0.02% or 326 shares in its portfolio. Marshall Wace Limited Liability Partnership has invested 0.01% in American International Group Inc (NYSE:AIG). Seaward LP owns 15,330 shares. Echo Street Management Limited Company, a New York-based fund reported 54,152 shares.

The business also recently announced a quarterly dividend, which was paid on Monday, October 16th. Next quarter's EPS is forecasted at $1.04 and the next full year EPS is projected to be $4.74.

Since May 8, 2017, it had 0 insider purchases, and 12 insider sales for $10.05 million activity. On Monday, June 12 the insider ZIMMERMAN CRAIG K sold $43,921. Essex Property Trust Inc (NYSE:ESS) has risen 15.01% since October 31, 2016 and is uptrending. The shares were sold at an average price of $257.92, for a total value of $42,814.72.

In other news, Director Byron A. Scordelis sold 6,265 shares of the stock in a transaction on Thursday, August 24th. (NYSE:ESS) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. Essex Ppty Tr Inc now has $17.32B valuation.

Investors sentiment increased to 1.17 in Q2 2017. Its up 0.30, from 0.87 in 2017Q1.

Want to see what other hedge funds are holding ESS? 50 funds opened positions while 129 raised stakes. Invests $365,000 in Essex Property Trust, Inc. The stock of Essex Property Trust Inc (NYSE:ESS) has "Buy" rating given on Friday, August 11 by RBC Capital Markets. Plante Moran Financial Advisors Ltd Liability Corp holds 29 shares or 0% of its portfolio. Moreover, Resolution Limited has 3.45% invested in Essex Property Trust Inc (NYSE:ESS) for 280,757 shares. Roundview Limited Liability Corporation owns 10,353 shares. Pl Capital Advisors Llc owns 528,576 shares or 0.92% of their United States portfolio. NN Investment Partners Holdings N.V. raised its holdings in shares of Essex Property Trust by 4.0% in the second quarter. Franklin reported 43,904 shares. Zacks Investment Research raised shares of Essex Property Trust from a hold rating to a buy rating and set a $289.00 target price for the company in a research report on Tuesday, October 10th. Amer Registered Investment Advisor stated it has 2,315 shares.



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