Essex Property Trust Inc (ESS) has experienced various shifts in its position by different asset management firms, with companies including Asset Management One Co. Ltd., DekaBank Deutsche Girozentrale and Allianz Asset Management GmbH trimming their holdings, while Sequoia Financial Advisors LLC, Optas LLC, Valeo Financial Advisors LLC and the Virginia Retirement Systems ET Al have increased their stakes. The company's stock has been subject to varying ratings from different analysts, including a downgrade to 'Sell' by Wall Street Zen and an initiation with an 'Overweight' rating from Cantor Fitzgerald. The company's recent dividend performance is marked by steady growth and they have received high praise for maintaining strong Core FFO Performance. However, concerns around ESS' valuation have been raised given the declining U.S. apartment rents for the first time since 2009. Furthermore, there have been mentions about its performance relative to the real estate sector and the Dow. Despite the uncertainty surrounding California's rental market, ESS has continued to boast strong net income and maintained strong liquidity.
Essex Property Trust ESS News Analytics from Wed, 27 Nov 2024 08:00:00 GMT to Sat, 25 Oct 2025 11:04:23 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor 2
