Essex Property Trust Inc (ESS) : Exxonmobil Investment Management Inc Tx reduced its stake in Essex Property Trust Inc by 1.26% during the most recent quarter end. The investment management company now holds a total of 16,723 shares of Essex Property Trust Inc which is valued at $3,549,791 after selling 214 shares in Essex Property Trust Inc , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Essex Property Trust Inc makes up approximately 0.07% of Exxonmobil Investment Management Inc Tx’s portfolio.
Other Hedge Funds, Including , Simplex Trading boosted its stake in ESS in the latest quarter, The investment management firm added 98 additional shares and now holds a total of 784 shares of Essex Property Trust Inc which is valued at $166,420. Essex Property Trust Inc makes up approx 0.02% of Simplex Trading’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in ESS by selling 6,108 shares or 41.25% in the most recent quarter. The Hedge Fund company now holds 8,700 shares of ESS which is valued at $1,855,884. Essex Property Trust Inc makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Chevy Chase Trust Holdings reduced its stake in ESS by selling 1,359 shares or 2.43% in the most recent quarter. The Hedge Fund company now holds 54,653 shares of ESS which is valued at $11,658,578. Essex Property Trust Inc makes up approx 0.06% of Chevy Chase Trust Holdings’s portfolio.Washington Trust Bank boosted its stake in ESS in the latest quarter, The investment management firm added 6 additional shares and now holds a total of 472 shares of Essex Property Trust Inc which is valued at $100,687. Essex Property Trust Inc makes up approx 0.02% of Washington Trust Bank’s portfolio.
Essex Property Trust Inc closed down -0.2 points or -0.09% at $212.27 with 2,90,327 shares getting traded on Friday. Post opening the session at $213.55, the shares hit an intraday low of $211.05 and an intraday high of $216.2 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Essex Property Trust Inc reported $2.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $2.70.Analysts expectations of $ 318.82.During the same quarter in the previous year, the company posted $2.40 EPS.
Essex Property Trust Inc. (Essex) is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged primarily in the ownership operation management acquisition development and redevelopment of apartment communities. As of December 31 2014 the Company owned or held an interest in 239 communities aggregating 57455 units located along the West Coast as well as four commercial buildings (totaling approximately 325200 square feet) and 12 active development projects with 2920 units in various stages of development. The Company’s apartment communities are located in Southern California which include Los Angeles Orange Riverside San Diego Santa Barbara and Ventura counties; Northern California which include the San Francisco Bay Area and Seattle Metro which include Seattle metropolitan area.