Essex Property Trust (ESS) continues to stir the interest of several financial institutions as Handelsbanken Fonder AB bolsters $17.10 million position and Vest Financial LLC notably supports a $60.47 million stake. Meanwhile, entities like Hennion & Walsh Asset Management Inc. and Squarepoint Ops LLC are reported to reduce holdings. The company’s West Coast portfolio is expected to grow steadily in spite of looming tech sector challenges. Scotiabank and BMO Capital issued reductions and boosts to their price targets for ESS stock, but continue to see promise in its future representation. Dividend Aristocrats has put ESS in their focus while U.S. News & World Reports named Essex one of the best companies to work for. Despite emerging pricing concerns, ESS Q1 earnings exceeded estimates, providing an optimistic outlook amid the challenges. However, some analysts recommend holding or being bearish on the stock. The company also declared an impressive $2.57 dividend across its portfolio. Essex is firm in making its mark in Northern California as it places a $712 million bet on growth markets in this region. Steady dividends, strong revenues and positive forecasts.point to Essex Property Trust as worthwhile, high-yield investment.
Essex Property Trust ESS News Analytics from Mon, 28 Jun 2021 07:00:00 GMT to Sat, 14 Jun 2025 15:09:41 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor -3
