Creative Financial Designs Inc. ADV Acquires 2,541 Shares of Essex Property Trust, Inc. $ESS

Creative Financial Designs Inc. ADV lifted its holdings in shares of Essex Property Trust, Inc. (NYSE:ESS) by 23,100.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,552 shares of the real estate investment trust’s stock after purchasing an additional 2,541 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Essex Property Trust were worth $683,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ESS. Vanguard Group Inc. grew its position in Essex Property Trust by 0.5% during the second quarter. Vanguard Group Inc. now owns 10,493,313 shares of the real estate investment trust’s stock worth $2,973,805,000 after buying an additional 53,039 shares in the last quarter. State Street Corp lifted its position in shares of Essex Property Trust by 2.5% during the 2nd quarter. State Street Corp now owns 5,388,169 shares of the real estate investment trust’s stock valued at $1,540,570,000 after acquiring an additional 129,806 shares during the period. Geode Capital Management LLC lifted its position in shares of Essex Property Trust by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 1,825,007 shares of the real estate investment trust’s stock valued at $515,226,000 after acquiring an additional 23,565 shares during the period. Daiwa Securities Group Inc. grew its holdings in shares of Essex Property Trust by 48.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 1,056,887 shares of the real estate investment trust’s stock worth $299,522,000 after purchasing an additional 344,287 shares in the last quarter. Finally, Boston Partners increased its position in shares of Essex Property Trust by 28.3% in the second quarter. Boston Partners now owns 860,854 shares of the real estate investment trust’s stock worth $243,910,000 after purchasing an additional 189,663 shares during the period. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Essex Property Trust Stock Performance

Shares of Essex Property Trust stock opened at $255.30 on Monday. The company’s 50 day moving average price is $255.60 and its two-hundred day moving average price is $259.13. The firm has a market capitalization of $16.46 billion, a P/E ratio of 24.52, a P/E/G ratio of 8.02 and a beta of 0.73. Essex Property Trust, Inc. has a fifty-two week low of $243.25 and a fifty-two week high of $316.29. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.03 and a quick ratio of 1.03.

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). The firm had revenue of $479.63 million during the quarter, compared to the consensus estimate of $474.66 million. Essex Property Trust had a net margin of 35.48% and a return on equity of 11.61%. During the same quarter in the previous year, the company posted $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. On average, equities analysts forecast that Essex Property Trust, Inc. will post 15.96 earnings per share for the current fiscal year.

Essex Property Trust Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Stifel Nicolaus set a $278.00 price objective on shares of Essex Property Trust in a research report on Thursday, February 5th. Scotiabank dropped their target price on shares of Essex Property Trust from $294.00 to $284.00 and set a “sector outperform” rating for the company in a research report on Tuesday, November 4th. BMO Capital Markets lowered shares of Essex Property Trust from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $305.00 to $280.00 in a research report on Friday, January 9th. Barclays reissued a “positive” rating and issued a $292.00 price objective on shares of Essex Property Trust in a research note on Tuesday, January 13th. Finally, Evercore cut their target price on Essex Property Trust from $279.00 to $271.00 and set a “cautious” rating for the company in a research note on Monday, November 3rd. Five equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, Essex Property Trust currently has an average rating of “Hold” and a consensus target price of $283.87.

Essex Property Trust Company 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.