Victory Capital Management Inc. and Natixis Advisors L.P. have increased their position in Essex Property Trust by acquiring additional shares. The company continues to underperform compared to competitors on certain days but is showing improved relative strength. Wedbush and Piper Sandler have updated their price targets while noteworthy stakeholders like Amalgamated Bank, Savant Capital LLC, and Swiss National Bank are holding significant stakes. The company's Q1 FFO and revenue estimates have been surpassed. It also hit a new 52-week high while analysts increase EPS estimates for FY2024. The company's stake was lowered by Truist Financial Corp and sold by Federated Hermes Inc. It published its sixth annual ESG report. The company's guidance for 2024 was reported along with its mixed Q4 and full year results for 2023. Analysts at Barclays maintain an underweight rating while StockNews.com upgrades it to hold. Meanwhile, Latham & Watkins represented the company in a $350 million senior notes offering. It released Q2 2024 earnings guidance and continues to attract new investors.
Essex Property Trust ESS News Analytics from Sat, 29 Jul 2023 07:00:00 GMT to Sun, 12 May 2024 10:09:43 GMT -
Rating 4
- Innovation 3
- Information 8
- Rumor -2
