11/09/2015 – BB&T Capital Markets began new coverage on Camden Property Trust giving the company a “buy” rating. Over and above the momentum score, Investors considering investing in Essex Property Trust, Inc. During the same quarter in the prior year, the firm posted $2.29 earnings per share. Stifel Nicolaus raised Liberty Property Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, April 27th. The deal, which WPT is making in partnership with Safanad Ltd., will add 108 properties totaling 7.6 million square feet in four states to what now is a 2.3-million-square-foot office and flex portfolio located entirely within WPT’s hometown of Horsham, PA.
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Several other equities analysts have also recently issued reports on ESS. Credit Suisse Group AG reiterated a “hold” rating on shares of Essex Property Trust in a research report on Saturday, April 30th. Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock.
05/21/2015 – Liberty Property Trust was downgraded to “hold” by analysts at Zacks. Liberty Property Trust has a 12-month low of $26.94 and a 12-month high of $41.31.
Liberty Property Trust has a 50 day moving average of 39.18 and a 200 day moving average of 33.98. (NYSE:ESS) to report quarterly earnings per share of $2.92 for the quarter ending 2016-06-30. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.71% in the last 1 week, and is up 10.92% in the past 4 weeks. The ex-dividend date of this dividend was Tuesday, June 28th. The total traded volume was 257,990 shares. In a related news, The officer (President and CEO) of Essex Property Trust Inc, Schall Michael J sold 10,000 shares at $225.03 on July 5, 2016. They now own 72.45 million shares or 2.09% more from 70.96 million shares in 2015Q4. The Insider selling transaction had a total value worth of $2,250,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The Hedge Fund company now holds 14,085 shares of ESS which is valued at $3,177,999.
Essex Property Trust, Inc.is a self-administered and self-managed real estate investment trust (REIT). Columbia Property Trust invests in income-generating office properties. Janus Capital Management raised its stake in Essex Property Trust Inc.
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Rizk says the deal represents “the next step of our strategic plan to build a portfolio of high quality, well-positioned suburban real estate assets”. Security Capital Research & Management Inc owns 2.47 million shares or 1.73% of their United States portfolio. The Company operates in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities segment. The Company’s operations are primarily conducted by its subsidiary, Liberty Property Limited Partnership.
