Essex Property Trust, under the ticker symbol
ESS, has been wildly active in its strategic movements involving its stock. Several prominent financial firms have dynamically altered their holdings in ESS.
Prudential Financial and
Heartland Advisors have downsized their positions, while others, such as
Mizuho Securities USA,
New Age Alpha Advisors, and
Intech Investment Management, have acquired notable quantities of ESS shares. Stock purchases by entities like
Natixis Advisors and various dividend trusts signal a generally robust market perception for ESS. The stock recently experienced a 9.2% upswing within three months and underwent additional rallies. This surge, alongside favourable analyst ratings, contributes to an optimistic forecast. Notably, ESS has also passed the 80-plus relative strength rating benchmark. Additionally, Essex Property Trust has announced a series of senior notes — debt securities that promise to pay interest periodically. The trust is speculated to have potentially profitable developmental contributions toward the recovery from LA Wildfires. Lastly, reports of ESS executives and a director conducting significant stock transactions, and the extension of Essex's 31-year dividend growth streak, add more depth to the overall financial snapshot of Essex Property Trust.
Essex Property Trust ESS News Analytics from Thu, 16 Mar 2023 07:00:00 GMT to Sat, 29 Mar 2025 20:45:23 GMT -
Rating 8
- Innovation 5
- Information 9
- Rumor -4
