Essex Property Trust Inc. (ESS) has been making waves in the market lately. Notably, several financial firms including Raymond James Financial, Marshall Wace LLP, and Barclays PLC have undertaken fresh investments, while others like Uniplan Investment Counsel and Federated Hermes Inc. have lessened their holdings. The company's Q1 earnings are eagerly awaited by analysts. Its stock's relative strength rating has improved to 74. State of Tennessee Department of Treasury, Nippon Life Global Investors, and Legal & General Group Plc have all downsized their stock ownership. Meanwhile, the company is expected to post earnings on Tuesday. Multiple firms- Farringdon Capital Ltd., Ontario Teachers Pension Plan Board, and Martingale Asset Management have augmented their shares. ESS recently priced $400 Million of Senior Notes while also betting $712M on Northern California Growth Markets. These developments have boost the stock up by 4.2% since its last earnings. The share trade activity has been coupled with successful financial performance, its Q4 FFO, and revenues exceeding estimates. ESS had been on analysts' radar due to its resilience during LA Wildfires Recovery Efforts.
Essex Property Trust ESS News Analytics from Mon, 28 Jun 2021 07:00:00 GMT to Sun, 27 Apr 2025 00:33:11 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor 2
