GSA Capital Partners LLP has acquired 3,398 shares in
Essex Property Trust, Inc. (NYSE:ESS), leading to some level of outperformance over other competitors. However,
COHEN & STEERS, INC. has decreased their stake in the company. Speculations suggest a spike in ESS stock while the price target has been raised to $370 from $355 by Piper Sandler. Meanwhile,
KBC Group NV and
Metis Global Partners LLC have increased their shares in the company. Investors are applauding the increase in
IBD RS Rating to 72 for ESS, however, there have been instances of underperformance when compared to competitors. ESS stock has seen a substantial rise over the past six months and reports of good trading days highlight this. Despite minor EPS misses, ESS Q3 2024 earnings call highlighted strong performance driving factors. The company's Q3 FFO and revenues were also estimated to top estimates. Other noteworthy mentions include
OVERSEA CHINESE BANKING Corp Ltd and
National Pension Service increasing their ESS Stock positions, the company raising full-year 2024 guidance, and it getting upgraded to 'Buy'. However, ESS shares have been sold by Principal Financial Group Inc., and Janney Montgomery Scott LLC, while the stock outlook remains a subject of debate.
Essex Property Trust ESS News Analytics from Fri, 29 Jun 2018 01:38:43 GMT to Sat, 16 Nov 2024 10:52:41 GMT -
Rating 6
- Innovation -1
- Information 8
- Rumor 2
