The value of the investment in CXP decreased from $1,254,000 to $1,193,000 a change of $61,000 since the last quarter. Columbia Property Trust earned a coverage optimism score of 0.34 on Accern's scale. Nationwide Fund Advisors downsized its stake by shedding 17,132 shares a decrease of 4.5%. CIBC Asset Management Inc now owns 7,065 shares of the real estate investment trust's stock worth $1,818,000 after buying an additional 24 shares in the last quarter. Citadel Advisors LLC raised its stake in shares of Columbia Property Trust by 2,648.3% in the first quarter. Lastly, Westfield Capital Management purchased a fresh position in stocks of Columbia Property Trust during the Q1 valued $18,822,000. hedge fund investors and investment firms has an ownership of 64.12% of the firms stock. This repurchase authorization permits the real estate investment trust to buy up to 7.7% of its shares through open market purchases. Aperio Group LLC now owns 14,666 shares of the real estate investment trust's stock worth $328,000 after buying an additional 245 shares during the period. Vanguard Group Inc. raised its stake in shares of Essex Property Trust by 2.1% in the first quarter. Gulf International Bank UK Ltd now owns 20,350 shares of the real estate investment trust's stock worth $4,711,000 after buying an additional 300 shares during the period. Thompson Davis Inc invested in 21 shares or 0.01% of the stock.
Shares of Essex Property Trust, Inc. (NYSE ESS) traded down 1.29% during mid-day trading on Friday, hitting $259.14. Daiwa Securities Group Inc bought 247,507 shares as the company's stock rose 11.60% with the market. Essex Property Trust Inc (NYSE:ESS) has risen 15.01% since August 10, 2016 and is uptrending. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 18.54 and a beta of 1.16.
Company shares last traded at $40.41 slightly below $41.37, the stock's 50 day moving average and just above the 200 day moving average of $40.32.
Columbia Property Trust (NYSE:CXP) last issued its quarterly earnings data on Thursday, July 27th. The dividend payment was $0.400 per share for the quarter or $1.60 annualized. The firm had revenue of $183.13 million for the quarter, compared to the consensus estimate of $175.60 million. Essex Property Trust had a net margin of 38.33% and a return on equity of 8.03%. During the same period in the previous year, the firm earned $2.74 earnings per share. Equities analysts anticipate that Liberty Property Trust will post $1.24 earnings per share for the current year.
Most recently the business also announced dividend for the quarter, expected to be paid on early Fri, Sep 15th. The ex-dividend date was Wednesday the 28th of June 2017. Next Fincl Group has invested 0% in Essex Property Trust Inc (NYSE:ESS).
Hartford Investment Management Co. lowered its position in shares of Essex Property Trust, Inc. (NYSE:ESS) Position Held by American National Insurance Co.
TRADEMARK VIOLATION WARNING: This piece was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this report on another site, it was illegally stolen and republished in violation of USA & global copyright laws. The correct version of this piece can be viewed at https://baseballnewssource.com/markets/essex-property-trust-inc-ess-position-cut-by-strs-ohio-updated/1346669.html. Canaccord Genuity maintained the shares of ESS in report on Tuesday, February 9 with "Hold" rating. Canaccord Genuity set a $255.00 price objective on Essex Property Trust and gave the stock a "hold" rating in a research note on Monday, May 1st. Finally, Cantor Fitzgerald restated a "buy" rating and issued a $278.00 target price on shares of Essex Property Trust in a research note on Thursday, July 27th. Veritable L.P. increased its position in shares of Essex Property Trust by 11.7% in the second quarter.
Among 21 analysts covering Essex Property Trust (NYSE:ESS), 6 have Buy rating, 2 Sell and 13 Hold. S&P Research maintained CVS Health Corp (NYSE:CVS) on Monday, November 2 with "Strong Buy" rating. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company's stock. Liberty Property Trust now has an average rating of "Hold" and an average price target of $42.33. Bancshares Of Montreal Can holds 0.09% of its portfolio in Essex Property Trust Inc (NYSE:ESS) for 396,770 shares. It also increased its holding in Itau Unibanco Holdings Sa (NYSE:ITUB) by 87,696 shares in the quarter, for a total of 144,828 shares, and has risen its stake in Ishares Core U.S. Aggregate Bond Etf (AGG). The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Shares for $43,921 were sold by EUDY JOHN D. The company has a consensus rating of "Hold" and a consensus price target of $263.46. Barber Financial Group Inc. now owns 19,065 shares of the real estate investment trust's stock worth $424,000 after buying an additional 170 shares during the last quarter.