Quadrant Capital Group LLC and
Beacon Pointe Advisors LLC have reduced their positions in
Essex Property Trust, Inc. (NYSE:ESS), while
Norges Bank,
Mizuho Markets Americas LLC,
Principal Securities Inc.,
Natixis Advisors L.P., and
Victory Capital Management Inc. have increased their stakes. Furthermore,
Essex Property Trust has consistently outperformed competitors on strong trading days.
The firm's
Q1 and Q2 results beat estimates with an impressive earnings per share (EPS) projection for Q2 2024.
Morgan Stanley raised the company's price target to $250, following several other firms, including
Scotiabank, UBS Group, Piper Sandler, and
Wedbush, all boosting their price targets.
In other news, Essex has acquired its Joint Venture Partner's Interest in Four Communities, which is comprised of 1480 apartment homes. The trust's
dividend distribution announcements have positively impacted its stock prices, taking it to a new 12-month high. Lastly, in its newly published sixth annual ESG Report, ESS shows a firm commitment to environmental, social, and governance (ESG) principles.
Essex Property Trust ESS News Analytics from Thu, 27 Jan 2022 08:00:00 GMT to Thu, 23 May 2024 11:19:18 GMT -
Rating 6
- Innovation 3
- Information 9
- Rumor -4
