SVB Wealth LLC has invested $315,000 in
Essex Property Trust. In contradiction, both
Mutual of America Capital Management LLC and
New York Life Investment Management LLC have sold their shares in the property trust. Progressively, the company saw a 4.2% increase since their last earnings report. Essex's CEO Angela Kleiman and the company's EVP, Morrison, have both sold a significant amount of stock. Despite this, the company is still considered a
Dividend Aristocrat. They are expected to reveal important information in the upcoming
Citigroup Real Estate Conference.
Cbre Investment Management is noted to have reduced their position in Essex Property Trust. Its stock got a boost from
IBD Rating Lift while caution arises as
Zacks Research issues a pessimistic forecast for Essex Property's earnings.
Proficio Capital Partners LLC took a $16.70 million position. The company's recent moves include pricing a $400 Million offer of Senior Notes and an increase in dividends per share. Despite the insider selling, the trust registered positive financial news including strong revenue growth in the latest earnings call, $400M bond deal, and a 31st consecutive annual dividend increase.
Essex Property Trust ESS News Analytics from Tue, 09 Jan 2024 08:00:00 GMT to Sat, 08 Mar 2025 19:22:16 GMT -
Rating 4
- Innovation 0
- Information 7
- Rumor -3
