Andra AP fonden Increases Holdings in Essex Property Trust, Inc. $ESS

Andra AP fonden grew its holdings in Essex Property Trust, Inc. (NYSE:ESS) by 223.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 88,900 shares of the real estate investment trust’s stock after buying an additional 61,404 shares during the quarter. Andra AP fonden owned approximately 0.14% of Essex Property Trust worth $23,795,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Legacy Wealth Asset Management LLC raised its holdings in shares of Essex Property Trust by 3.8% during the third quarter. Legacy Wealth Asset Management LLC now owns 1,054 shares of the real estate investment trust’s stock valued at $282,000 after acquiring an additional 39 shares in the last quarter. Huntington National Bank raised its holdings in Essex Property Trust by 16.1% in the 2nd quarter. Huntington National Bank now owns 288 shares of the real estate investment trust’s stock worth $82,000 after purchasing an additional 40 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Essex Property Trust by 57.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 115 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 42 shares during the period. HighTower Advisors LLC boosted its stake in shares of Essex Property Trust by 0.4% during the 3rd quarter. HighTower Advisors LLC now owns 12,919 shares of the real estate investment trust’s stock valued at $3,458,000 after purchasing an additional 49 shares in the last quarter. Finally, Profund Advisors LLC boosted its stake in shares of Essex Property Trust by 6.3% during the 3rd quarter. Profund Advisors LLC now owns 900 shares of the real estate investment trust’s stock valued at $241,000 after purchasing an additional 53 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on ESS shares. Cantor Fitzgerald restated an “overweight” rating and issued a $290.00 price objective on shares of Essex Property Trust in a report on Monday, February 9th. Stifel Nicolaus set a $278.00 target price on Essex Property Trust in a research note on Thursday, February 5th. Evercore dropped their price target on Essex Property Trust from $279.00 to $271.00 and set a “cautious” rating on the stock in a research report on Monday, November 3rd. Raymond James Financial reiterated a “market perform” rating on shares of Essex Property Trust in a report on Friday. Finally, Barclays reissued a “positive” rating and set a $292.00 price objective on shares of Essex Property Trust in a research report on Tuesday, January 13th. Five research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $283.87.

Essex Property Trust Stock Down 2.8%

Essex Property Trust stock opened at $255.30 on Friday. Essex Property Trust, Inc. has a 12 month low of $243.25 and a 12 month high of $316.29. The stock has a fifty day simple moving average of $255.60 and a two-hundred day simple moving average of $259.09. The company has a current ratio of 1.03, a quick ratio of 1.18 and a debt-to-equity ratio of 1.19. The firm has a market cap of $16.46 billion, a price-to-earnings ratio of 24.52, a PEG ratio of 8.26 and a beta of 0.74.

Essex Property Trust (NYSE:ESS) last announced its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $3.98 EPS for the quarter, missing analysts’ consensus estimates of $4.00 by ($0.02). Essex Property Trust had a return on equity of 11.61% and a net margin of 35.48%.The company had revenue of $479.63 million during the quarter, compared to the consensus estimate of $474.66 million. During the same quarter in the prior year, the firm earned $3.92 earnings per share. Essex Property Trust has set its FY 2026 guidance at 15.690-16.190 EPS and its Q1 2026 guidance at 3.890-4.010 EPS. Equities analysts predict that Essex Property Trust, Inc. will post 15.96 EPS for the current fiscal year.

Essex Property Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $2.59 dividend. This is a boost from Essex Property Trust’s previous quarterly dividend of $2.57. The ex-dividend date is Tuesday, March 31st. This represents a $10.36 annualized dividend and a dividend yield of 4.1%. Essex Property Trust’s dividend payout ratio (DPR) is currently 98.75%.

Essex Property Trust Profile

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long‑term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.